Updated August 1 at 11:45am
Local News
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Bank of America Corp. cut CEO Brian T. Moynihan’s pay 7.1 percent for last year to $13 million after profit dropped by more than half. more
Rhode Island’s economy experienced positive growth in the fourth quarter, but is showing signs of weakness, according to the Rhode Island Current Economic Indicator briefing released Tuesday. more
(Updated, 12:55 p.m.) Santander Bank has reached an agreement to change the way it screens applicants of checking and savings accounts amid concerns the current practice is slanted against low-income consumers. more
More than $3.4 million in federal funding to enhance HIV testing and prevention programs has been awarded to the R.I. Executive Office of Health & Human Services, U.S. Sen. Jack F. Reed announced recently. more
With Mother’s Day less than a week away, WalletHub ranked the best and worst states for working moms, placing Vermont at the top of the list and Rhode Island at 19th. more
Ten organizations are receiving a total of $45,000 in 2014 Doris Duke Fund for Historic Preservation grants through the Newport Restoration Foundation. more
The owner and an employee of St. Jude Home Care have been charged in a Medicaid fraud scheme, Attorney General Peter F. Kilmartin said on Tuesday. more
The U.S. Treasury Department has released $4.3 million, the second tranche of a $13.1 million State Small Business Credit Initiative grant awarded to Rhode Island four years ago, to support the Slater Technology Fund’s SSBCI program. more
Fewer Americans applied for unemployment benefits over the past four weeks than at any time in almost 15 years, signaling underlying strength in the labor market even as hiring cooled last month. more
Cash sales made up 28.8 percent of total home sales in Rhode Island in November, a year-over-year drop of 15.28 percent, according to data firm CoreLogic. more
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