Updated October 23 at 6:27am
52 results total, viewing 21 - 30
(Updated, 5:35 p.m. and 6 p.m.) Morgan Stanley was alone among the largest U.S. banks in stumbling through the Federal Reserve’s annual stress tests, getting conditional approval to make payouts to shareholders. Thirty other firms passed, while two subsidiaries failed, including Santander Bank. more
(Updated 11:19 a.m.) Volkswagen AG has agreed to spend nearly $15 billion to get 480,000 emissions-cheating diesel vehicles off U.S. roads and placate regulators even as it struggles to devise an acceptable fix under an agreement with the U.S. government. more
The Federal Reserve’s stress tests of big banks found all 33 have enough capital to withstand a severe economic shock, though Morgan Stanley trailed the rest of Wall Street in a key measure of leverage. more
Bank of America Corp. admitted to wrongdoing in settling a U.S. regulator’s allegations that it misused billions of dollars in customer funds to finance trades that benefited the firm. more
Despite lagging growth, a new law awaiting gubernatorial approval would extend the state’s renewable energy target to 38.5 percent by 2035. more
(Updated 2:48 p.m.) U.S. Reps. David N. Cicilline and James R. Langevin joined a sit-in demonstration on the floor of the U.S. House of Representatives Wednesday led by U.S. Rep. John Lewis to demand action on gun violence. more
Pending Gov. Gina M. Raimondo’s signature, Rhode Island will establish a new advisory council to oversee local pension plans, which together are underfunded by more than $2 billion. more
(Updated 12:50 p.m.) Both the Senate and House bills designed to criminalize revenge porn in Rhode Island were vetoed by Gov. Gina M. Raimondo Tuesday. more
Twin River Management Group is holding a campaign kick-off rally Tuesday to garner support for Question 1 on the November ballot that would allow for construction of a casino and hotel in Tiverton. more
The General Assembly approved an $8.9 billion budget bill for fiscal 2017 that provides tax relief to retirees, enhances the state’s economic development tools, fully funds education, scales back a plan to tax medical marijuana and rolls back state beach parking fees to 2011 levels. more
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