Updated March 2 at 6:02pm
Local News
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U.S. states are set to increase spending at the slowest pace since the recession ended five years ago, reflecting wariness about the recovery. more
Small businesses would be able to write off capital purchases more quickly under a $73.1 billion tax reduction passed Thursday by the U.S. House of Representatives. more
The Washington Trust Co. collected approximately 10,000 pounds, or more than five tons, of peanut butter during its 14th annual Washington Trust Peanut Butter Drive to benefit the Rhode Island Community Food Bank and other food pantries across the state. more
Gilbane Building Co. has named Michael McKelvy its new president and chief operating officer, the first non-family member to hold that position since the company’s founding in 1873. McKelvy joins Gilbane as William J. Gilbane Jr., who has served as president and COO since 2004, prepares to transition into a new role as the company’s vice chairman. more
Duffy & Shanley’s public relations team has won four awards through The Publicity Club of New England’s annual Bell Ringer Awards, announced June 9. more
The United States is preparing to sue Bank of America Corp. amid an impasse in talks to resolve government probes of the lender’s sale of mortgage-backed bonds before the financial crisis, a person familiar with the matter said. more
The four health insurance companies doing business in Rhode Island have filed their 2015 insurance rate requests with the R.I. Office of the Health Insurance Commissioner, and the period for public comment has begun. more
The U.S. economy probably contracted even more in the first quarter than currently estimated as spending on health-care services unexpectedly dropped, according to analysts at JPMorgan Chase & Co. and Pierpont Securities LLC. more
The University of Massachusetts board of trustees finance committee voted unanimously on Wednesday to approve a tuition and fee freeze for in-state undergraduate students for a second consecutive year. more
The R.I. General Assembly on Tuesday passed two new laws to streamline the state’s regulatory reform process and eliminate statutes exempting certain rules and regulations from review. more
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