Thursday, March 28, 2024

TOPICS

Financial Services

3Q a ‘mixed bag’ for VCs

SAN FRANCISCO – The third quarter was a mixed bag for venture capitalists nationwide as money raised through initial public offerings hit the highest...

Five Questions With: Gary Richardson

The U.S. Department of Agriculture is more than just about farms and tractors and food. As a recent Providence Business News article highlighted, the USDA...

AG raps Koller over 8.5% Tufts rate hike

PROVIDENCE – Attorney General Patrick C. Lynch on Wednesday sharply rebuked R.I. Health Commissioner Christopher F. Koller for granting his approval to 8.5 percent...
FINANCE COMMITTEE Chairman Max Baucus, left, wants the federal government pick up the tab for the first five years of Medicaid expansion in Rhode Island and three other states. Senate Majority Leader Harry Reid, center, first requested the aid. /

Feds may pay for R.I. Medicaid expansion

WASHINGTON — The federal government would pick up the full cost of expanding Medicaid coverage in Rhode Island for five years under a special...
FDIC statistics released Thursday show that Rhode Island banks and their counterparts nationwide are having a stellar year, boosting collective profits by 25 percent. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

FDIC asks banks to prepay 3 years of fees

WASHINGTON — With its reserve fund dwindling, the Federal Deposit Insurance Corp. on Tuesday proposed that banks prepay their next three years of premiums...
GOV. DEVAL PATRICK says Massachusetts is benefitting from its strengths in the technology and financial sectors and its emphasis on life sciences and clean energy. /

Mass. economy seen recovering sooner

BOSTON — Massachusetts appears set to bounce back from the recession more quickly than the rest of the country, The Boston Globe reported Sunday. The...

VCs paid to succeed, but we’re paid to fail, too

Failing is not fun – not for entrepreneurs, not for investors. As an early-stage investor, I’m paid to fail. For every 10 investments I...

M&A boom signaled for S&P 500 on record cash

Never before have U.S. companies piled up cash faster compared with interest costs than they are now, setting the stage for a surge in...
BUILDING HOMES: Citizens Bank’s Mark Noble says R.I. Housing must focus on finding investors and other funding sources while advocating for more government support. /

In sour economy, R.I. Housing has crucial lending role

Gov. Donald L. Carcieri in June appointed Citizens Bank Vice President Mark Noble to serve as chairman of Rhode Island Housing’s Board of Commissioners....

A public option will not impact insurers as much as they...

To the Editor: As far as I’m concerned, private citizens should be free to pay whatever they want for private coverage (“Is a public option...
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