Updated May 27 at 11:28pm
Local News
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For investors in Royal Bank of Scotland Group PLC, hopes for a dividend are fading.An expected ninth consecutive full-year loss in 2016 could undermine CEO Ross McEwan’s efforts to reinstate dividend payments next year for the first time since the bank’s 45.5 billion pound ($65 billion) bailout during the financial crisis. more
With crude oil prices at levels not seen since 2003, gasoline prices in the region continued to drop. The average price of self-serve, unleaded regular gas in Rhode Island hit $1.94 per gallon this week, 5 cents less than the price a week ago, said AAA Northeast. more
The Odeum Corp. this month received $620,000 in grant support, which will go toward long-awaited improvements to the venue’s historic façade. more
The Rhode Island Manufacturing Association has announced “Best Practices” would be the focus of this year’s Manufacturing Industry Partnership Symposium. more
The University of Rhode Island is offering a new, more flexible master of oceanography degree aimed at connecting students with career development opportunities in industries such as fisheries, environmental management, shipping, port operations and the military. more
Rhode Islanders are largely divided on whether the state should assess a toll on large trucks to pay to fix the state’s roads and bridges, although the opposition is more certain than those in favor. more
A vacant mill in the West End that will be renovated into live-work space for culinary entrepreneurs will receive state historical preservation tax credits when completed, the R.I. Department of Revenue announced Thursday. more
After more than 70 years of collective work at Starkweather & Shepley Insurance Brokerage Inc., both the firm’s president and CEO and its chairman and chief financial officer will retire at the end of this year, the company announced. more
Rhode Islanders face the ninth-highest state and local tax burden in the country, with 10.8 percent of their income going to taxes, according to a report released Wednesday by the Tax Foundation. more
(Updated 1:33 p.m.) Buyouts again are being offered at The Providence Journal. more
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