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Friday, September 25, 2020

Financial Services

Butler workers ratify contract

PROVIDENCE – Butler Hospital’s 300 unionized workers, represented by the New England Healthcare Employees Union / SEIU, District 1199, today ratified a three-year...

Health sector outspends all others on lobbying

WASHINGTON – A new report by the Center for Responsive Politics, which tracks spending in U.S. politics, shows the health care sector spent $444.7...

Medicare seeks to deny payment for 9 more problems

WASHINGTON – New rules proposed a week ago by the U.S. Centers for Medicare and Medicaid Services would add nine conditions to the list...

Stocks rally as 1Q earnings beat expectations

NEW YORK – U.S. stocks rose for the fourth day in a row after Google Inc., Caterpillar Inc. and Citigroup Inc. all posted sunnier-than-expected...

Lehman Bros. to oversee School for Deaf bond issue

PROVIDENCE – Financing for the new R.I. School for the Deaf will be managed by Lehman Brothers Inc., which will serve as lead...

Study: R.I. will fare poorly with foreclosures

WASHINGTON – During the next two years, one in every 31 Rhode Island homeowners is projected to face foreclosure, according to a national study...

Textron sees 1Q profits rise 17.7%

PROVIDENCE – Textron Inc. (NYSE: TXT) today posted a 17.9-percent increase in first-quarter profit, to $231 million from the year-ago $196 million, on revenue...

Concordia Mfg. plans $1.6M R.I. expansion

PROVIDENCE – The R.I. Economic Development Corporation announced today that Concordia Manufacturing LLC will be expanding into Warwick with the help of $500,000 in...

Eric Weiner is R.I. Small Business Person of Year

PROVIDENCE – A Pawtucket transportation company, a historic Federal Hill restaurant and two small business advocates with the Rhode Island Coalition for Minority Investment...

Cranston Print Works wins employee ownership award

WASHINGTON – The Employee Stock Ownership Plans Association has honored Cranston Print Works Co. with a Silver ESOP Award in recognition of its long-running...

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