Bankrupt G.M. to close new Norton plant
NORTON – A General Motors parts distribution center in the Norton Commerce Center is among the early casualties of the automaker’s Chapter 11 bankruptcy...
Morgan Keegan buys Spectrum Group
BRISTOL – Local investment and merchant banking firm The Spectrum Capital Group has been acquired by Morgan Keegan & Company Inc., the brokerage and...
Rockland Trust subsidiary approved to sell tax credits
ROCKLAND, Mass. – Rockland Trust Community Development Corporation has been approved by the U.S. Treasury to sell $50 million in tax credits that will...
Playboy approaches Providence Equity about sale
PROVIDENCE – Playboy Enterprises (NYSE: PLA) has reportedly approached Providence Equity Partners and other private equity firms in a search of a buyer.
The asking...
Amica Storm Center to aid hurricane protection
LINCOLN – With hurricane season officially beginning yesterday, Amica Mutual Insurance Co. is launching the Amica Storm Center that will provide information for people...
Independent awards management $1.83M in stocks
ROCKLAND, Mass. – Independent Bank Corp. disclosed last week that it has awarded its senior management team restricted common stock worth about $1.83 million.
The...
Five Questions With: Eric Saunders
Eric Saunders is an accountant with Boston-based Braver PC, which has offices in Providence. He specializes in accounting and tax issues with nonprofit organizations....
Slater invests $500K in medical startup
PROVIDENCE – The Slater Technology Fund has invested $500,000 in RxVantage, a Providence-based startup firm that develops software for use in medical offices.
RxVantage was...
Nursing homes continue to draw the state’s shortest funding straw
To the Editor:
You recently reported on a Genworth Financial Inc. study showing sharp increases in the cost of long-term care in our state (“R.I....
Public health plan needed for balance
In Rhode Island in 2007, the top two insurers, Blue Cross & Blue Shield of Rhode Island and UnitedHealthcare of New England, held a...