Regulation
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R.I. to receive $2.67M from Janssen settlement
Rhode Island will receive $2.67 million as part of a $200 million settlement with Johnson & Johnson subsidiary, Janssen Pharmaceuticals Inc., Attorney General Peter F. Kilmartin announced Thursday. more
State lands $330K for WorkShare program
Rhode Island will receive a $330,000 federal grant to help improve the state’s short-time compensation/layoff prevention program known as “WorkShare,” Rhode Island lawmakers announced Wednesday. more
| 8/30/12
Deadline for Landmark deal slips to Sept. 30
The deadline to close on the deal to buy Landmark Medical Center has slipped once again, from Aug. 31 to Sept. 30. more
R.I. setting standard for bondholders’ love
Central Falls, the first city in Rhode Island’s 222-year history to go bankrupt, is preparing to exit court protection after 13 months by keeping bondholders whole while raising taxes and cutting workers and pensions. more
Lowell man charged with crowd-funding fraud
Massachusetts Secretary of State William F. Galvin has charged a Lowell man with “crowd-funding fraud,” his office said. more
National Grid invests $60M to prepare for severe weather seasons
National Grid is investing $60 million in a new system to prepare for the severe weather season and make sure customers who lose power get it back more quickly. more
| 8/27/12
Tech drives market changes
Armed with new technology and competitive rates, the electric-utility business is on the verge of making over the way it distributes energy and bills its customers. Some parts of the country are further along than others, but Rhode Island is one of the leaders, being one of only 25 states with “smart grid” legislation, which facilitates alternative power-supply agreements. more
Mollis hosts voter registration, voter ID event
Civically minded Rhode Islanders are invited to grab a late lunch and a free voter identification card at Prince Hall Lodge on Saturday, Aug. 24, courtesy of Secretary of State A. Ralph Mollis' office. more
Cape Wind chooses Falmouth as base of operations
Cape Wind Associates plans to base its wind farm operations in Falmouth, Mass., reported the Boston Business Journal. more
| 8/23/12
Barrington Shaw’s bans plastic bags
As the Barrington Town Council discusses banning plastic bags, the local Shaw’s Supermarket announced that it will no longer provide plastic bags to customers at its Barrington store. more
| 8/23/12
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