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CELL PHONES and other mobile devices are the newest banking channel for BofA customers. The service is due to become available in Rhode Island later this year. /

BofA sees mobile phones as the next frontier

Bank of America’s customers will soon be able to do online banking from Internet-enabled cell phones and PDAs. Last month, the bank – the nation’s...
LUZO COMMUNITY BANK started looking for a buyer two years ago because its CEO, Jose Gouveia, felt the bank could better serve its customers with a larger partner. /

BankFive adds heft with Luzo acquisition

BankFive of Fall River and Luzo Community Bank of New Bedford are similar in a few crucial ways. Both are community banks. And both...

Deficit, health costs seen as<br> major challenges for R.I.

If there is one thing that the region’s business leaders and consumers agree on, it is that the state’s deficit represents a real challenge...

Feds propose subprime loan warnings

Several federal agencies are looking for comments on a proposed subprime mortgage lending statement that addresses risks and issues relating, especially, to adjustable-rate mortgages. The...
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Nurses’ group balks at proposal on delegating duties

A proposed change to Rhode Island’s nursing regulations that would allow nurses to delegate tasks to unlicensed aides “when the client’s health status is...

Crime ring used Schwab, TD Ameritrade in fraud

An Eastern European crime ring netted at least $733,000 in illegal profit using trading accounts at TD Ameritrade Holding Corp. and six other firms,...
RENE R. MENARD, D-Lincoln, is sponsoring a bill that would give more rights to condo dwellers. /

Legislation aims to boost<br> R.I. condo owners’ rights

As condominiums become an ever-larger part of Rhode Island’s housing market, a Lincoln Democrat is seeking to enhance condo dwellers’ legal rights on two...
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Reverse mortgages help<br> many older homeowners

For many of today’s retirees, a home can seem like Fort Knox without a key. Escalating real estate prices have caused many seniors’ homes...

Transportation firm to build<br> Johnston facility, add 140 jobs

JOHNSTON – A. Duie Pyle Inc., a West Chester, Pa.-based transportation and logistics supplier that serves the Northeast, says it will build a distribution...

Cross finishes $15.7M HQ sale, lease-back

LINCOLN – The A.T. Cross Co. announced last week that it has completed the sale and lease-back of its global headquarters and manufacturing facility...
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