Regulation
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The sale of Westerly Hospital for $69 million to Lawrence + Memorial Hospital of New London, Conn., was approved today by state regulators, the first such hospital sale approved under the expedited review process of the revised Hospital Conversions Act. more
There’s busy, and then there’s Linn Foster Freedman’s schedule. more
BOSTON – The Mass. Department of Public Utilities last week ordered a total of $24.8 million in penalties resulting from the state’s electric utilities’ responses to Tropical Storm Irene and the October 2011 snowstorm. The penalties will be returned to the utilities’ customers, the DPU said. more
Some small businesses are started from a love for a particular product or field. Others are born out of a person’s professional desire to be their own boss and control a career trajectory, while shaping service based on their specific ideals. more
Rhode Island has received a “D-” grade for government spending transparency in the fourth annual report from the R.I. Public Interest Research Group Education Fund. more
BOSTON – Gov. Deval L. Patrick this month filed legislation that will “professionalize, modernize and regionalize” the operations Massachusetts’ housing authorities. more
Rhode Island earned the No. 37 slot on Chief Executive Magazine’s list of the “2013 Best & Worst States for Businesses,” moving two spots up from its 2012 ranking. more
Bank of America Corp. CEO Brian T. Moynihan, who once vowed to wage “hand-to-hand combat” in lawsuits over faulty mortgages, settled one big fight with MBIA Inc. yesterday as another remains unfinished. more
The new state Office of Management and Budget is hard at work on the fiscal 2014 spending plan Gov. Lincoln D. Chafee will present to the General Assembly. It will be the first budget proposal vetted under the direction of OMB Director Peter Marino, a former state Senate fiscal adviser. more
BOSTON – Liam Lowney, a victim-service provider and advocate, has been appointed executive director of the Mass. Office for Victim Assistance. more
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