Rhode Island businesses are being targeted with a direct mail solicitation scam letter from an organization calling itself Rhode Island Corporate Compliance, the Secretary of State’s office warned Friday. more

Calls by former Citigroup Inc. CEO Sanford Weill and others to break up the big banks reflect lingering public fear and anger toward financial institutions that seem too big to fail. more

You may have seen headlines last week about the Federal Housing Administration needing a taxpayer “bailout” by the Treasury and wondered: Uh oh. Is the FHA heading down the fiscal drain like Fannie Mae and Freddie Mac, which have required billions in federal assistance just to stay in business? more

R.I. Health Insurance Commissioner Christopher F. Koller is stepping down to take a post as president of the Milbank Memorial Fund, a national health policy foundation based in New York, Gov. Lincoln D. Chafee announced Thursday. more

Modern payday lending was legalized in Rhode Island in 2001 and didn’t cause too much outcry until the recession began adding to the number of local families falling deeper into debt and bankruptcy. more

The state Department of Environmental Management has reached an agreement with seven defendants that calls for them to initially pay $750,000 to the state as compensation for “damages to groundwater and other natural resources at the Davis Superfund site in Smithfield.” more

Flagstar Bancorp Inc. has been notified by the New York Stock Exchange that it is in compliance with the exchange’s pricing rules and no longer faces possible delisting. more

If a federal minimum wage-hike goes into effect, Rhode Islanders could see a loss of up to 3,466 jobs, according to a report issued by the R.I. Center for Freedom and Prosperity. more

Midnight Friday marks the deadline for filing Rhode Island corporate income tax returns, said the R.I. Division of Taxation. more

BOSTON – Chevron USA Inc. and Texaco Downstream Properties Inc. will pay $1.7 million to resolve allegations they received reimbursement payments from a state fund for gas-station cleanup projects even though both sought and received payments from their insurers, Attorney General Martha Coakley announced last week. These false claims allegedly involved service stations across Massachusetts, Coakley said in a statement. more