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Fitch Ratings has assigned an AA rating to Rhode Island’s $40.65 million in 2013 consolidated-loan, general-obligation bonds, the agency announced Wednesday. more
UnitedHealth Group Inc., the biggest U.S. health insurer, reported third-quarter sales below analysts’ expectations while declining to raise its profit projections, driving shares down the most in six months. more
The R.I. Department of Labor and Training has received $1.6 million from the U.S. Department of Labor to finance improvements to the state’s unemployment insurance system. more
Sovereign Bank, the fourth-largest bank in Rhode Island by deposits, officially adopted the name, brand and logo of its parent company, Spanish banking group Santander, at a rebranding ceremony held Thursday morning at the bank’s One Financial Plaza branch in Providence. more
Members of the Capital Center Commission are appealing to lawmakers and the city for help enforcing land-use rules its members say have been flouted by Gov. Lincoln D. Chafee’s administration in parking lot projects at the Statehouse. more
When construction slowed during the recession, some companies hired workers and wrongly designated them as independent contractors to avoid paying insurance, taxes, fair wages and overtime. more
Textron Inc. – parent of Bell Helicopter, Cessna Aircraft Co. and Textron Systems – reported third-quarter net income of $99 million, or 35 cents per diluted share, a 34.4 percent decrease from $151 million, or 51 cents per diluted share, in the third quarter of 2012. more
The September U.S. employment figures, delayed by the 16-day partial shutdown of the federal government that ended today, will be issued on Oct. 22, the Labor Department said. more
Autocrat LLC, a Lincoln-based supplier of extracts and natural ingredients to food industry businesses, has launched a new Food and Beverage Solutions Center designed to help its customers develop new products. more
The median home value in the Providence metro area rose 6.2 percent to $221,900 in the third quarter compared with the same period last year, according to the Zillow Real Estate Market Report. Metro … more
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