MassMutual adding jobs in Rhode Island
PROVIDENCE – While many companies are cutting jobs as revenue evaporates in the economic downturn, the Massachusetts Mutual Life Insurance Co. in Rhode Island...
Citizens launches mortgage, tuition-planning programs
PROVIDENCE – Citizens Financial Group has announced the launch of HomeBuyer Savings and CollegeSaver, two new products that the company says will reward Citizens...
Five Questions With: Peter Dorsey Jr.
The Cherrystone Angel Group has been around since 2004, when it was founded by Business Development Company of Rhode Island President Garrett Hunter. Like...
Newspaper Guild’s Schick takes new job
PROVIDENCE – Tim Schick, longtime administrator of the Providence Newspaper Guild, has taken a new job as a staff representative with The Newspaper Guild...
R.I. economy remains weak in February
KINGSTON – Despite a drop in his Current Conditions Index (CCI) for Rhode Island in February, University of Rhode Island economist Leonard Lardaro saw...
R.I. gas prices steady for past two weeks
PROVIDENCE - The average price of gasoline in Rhode Island has held steady for the past two weeks, while prices in Massachusetts inched up...
Deepwater poaches exec from rival firm
WILMINGTON, Del. – Deepwater Wind, the wind-energy company picked by the Carcieri administration to build the state’s first offshore wind farm, has poached a...
Congress, accounting do not mix well
The recent change by the Financial Accounting Standards Board (FASB) to its rule 157 effectively allows financial institutions to engage in pretend accounting.
It states...
AIG’s payments probed by TARP inspector general
The Treasury’s chief watchdog for the U.S. financial rescue program is probing whether American International Group Inc. paid more than necessary to banks including...
Geico latest insurer to eye Mass.
For the backers of Massachusetts’ move to a more competitive auto-insurance industry last year, it’s the best news yet:
Geico Corp., the country’s third-largest...