A food company that regularly poisoned people wouldn’t expect to stay in business for long. A pharmaceutical company whose drugs made patients sick would be shut down. But a bank that repeatedly rips off its customers? Why, it can just keep paying fines, toss out a “mea culpa” press release, and get back to business as usual -- even when it’s 80 percent owned by taxpayers.
In 2013, the U.S. Department of Health and Human Services adopted sweeping changes to the Health Insurance Portability and Accountability Act of 1996 that substantially altered rules on privacy, security and breach notification, and increased penalty amounts for violations.
Several cycles of Pentagon budget cuts and plans for a smaller U.S. military haven’t dimmed the optimism of the southern New England defense sector. Largely thanks to submarine giant General Dynamics Electric Boat, the industry has remained stable over the last several years and could even see growth ahead. But military contractors and the numerous companies linked to their supply chain are not relying solely on the political clout of the local congressional delegation to keep contracts comings. more
The board of directors for the R.I. Commerce Corporation is set to talk at 4 p.m. Wednesday about “the investment of public fund in relation” to The Corporate Marketplace Inc., which was the recipient of a $4 million loan guaranty under the same program that made guarantys to 38 Studios LLC.
Join PBN for the best networking event and party of the winter - January 15, 2015 - the Book of Lists Party at the Providence Public Library. Reserve your spot by December 31st and get a holiday gift from PBN!
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.