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RBS refuses to turn over data to Canadian regulators
Citizen Bank parent the Royal Bank of Scotland is one of more than 10 banks under scrutiny from authorities in a rate-rigging scandal and is refusing to turn over information to Canadian regulators, according to The New York Times. more
| 7/17/12
U.S. industrial production increase is sign of resilience
Industrial production in the U.S. increased in June, led by gains among automobile and machinery makers that signal manufacturing is boosting economic growth. more
EPA amends Woonasquatucket River site cleanup
The U.S. Environmental Protection Agency has issued an amendment to the proposed cleanup plan for the removal of dioxin at the Centredale Manor superfund site in North Providence. more
Transportation first study for new office
The new Office of Management and Budget will conduct a study of the state’s transportation programs, Gov. Lincoln D. Chafee announced Monday afternoon at a RIPTA board meeting. more
Morgan to leave EDC
Susan Morgan, the chief financial officer of the R.I. Economic Development Corporation, will be leaving the quasi-government organization, EDC spokeswoman Judy Chong told Providence Business News on Monday afternoon. more
| 7/16/12
Moody’s calls shared services task force a ‘credit positive’
Moody’s Investors Service – a globally recognized rating company – called the shared services task force created between Pawtucket, Central Falls and East Providence by Gov. Lincoln D. Chafee a ‘credit positive.’ more
T.F. Green opens cell phone lot
T.F. Green Airport has opened a cell phone waiting lot at 2282 Post Road for motorists meeting arriving passengers, the airport announced Monday. more
| 7/16/12
Pump prices climb 7 cents
Rhode Island’s gasoline prices rose 7 cents this week. The jump marks the first increase in Ocean State pump prices in 13 weeks, according to AAA Southern New England. more
| 7/16/12
U.S. stock futures fall as retail sales drop
U.S. stock futures fell, following the biggest one-day gain in two weeks for the Standard & Poor’s 500 Index, as a report showed retail sales in the world’s biggest economy unexpectedly dropped for a third straight month. more
Lardaro: R.I.’s recovery continues, slowly
Rhode Island’s economic recovery continues but is doing so at a slower pace, according to University of Rhode Island economist Leonard Lardaro’s Current Conditions Index. more
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