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Princeton University paid four of its endowment managers a combined $9.2 million in 2013, a 46 percent increase from a year earlier and four times the increase Harvard University paid its top investors. more
General Electric Co., seeking approval from France’s government for its $17 billion Alstom SA energy bid, is in early-stage talks with nuclear-plant maker Areva SA and other French companies about asset sales or partnerships, people familiar with the matter said. more
Rhode Island and seven other states aiming to get more than three million zero-emission vehicles on the road in the next decade, unveiled steps to help achieve that goal including harmonizing consumer incentives and encouraging fleet purchases. more
President Barack Obama is proposing cuts in greenhouse-gas emissions from the nation’s power plants by an average of 30 percent from 2005 levels, a central part of his plan to fight climate change that also carries political risk. more
The owners of the Regency Plaza Apartments in downtown are planning to build a new 134-unit rental building on the Broadway side of the complex. more
Siemens AG is preparing a bid for Alstom SA’s energy unit that would leave it with the French company’s gas turbines while allowing partners Mitsubishi Heavy Industries Ltd. and Hitachi Ltd. to expand their steam turbines and hydro businesses, people familiar with the matter said. more
More than half the people who bought insurance through new Obamacare exchanges were previously uninsured, according to a survey that runs counter to reports earlier this year. more
The General Assembly voted Wednesday evening to raise Rhode Island’s minimum wage to $9 per hour beginning Jan. 1, 2015. more
The Standard & Poor’s 500 Index rose to a record, after posting the longest streak of quarterly gains since 1998, as technology and consumer shares rallied while data showed China’s manufacturing expanded in June. more
The NanoSteel Co. has awarded an exclusive worldwide license to its wear-resistant steel coatings to Cleveland-based Lincoln Electric, which designs and manufactures arc-welding products, robotic welding systems, and plasma and oxy-fuel cutting equipment. more
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