Thursday, March 28, 2024

TOPICS

Financial Services

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Limiting the risk of bank deposits

A once little-known nationwide service offered by a few local banks to protect large depositors is starting to attract lots of attention amid the...
AUDITOR GENERAL Ernest Almonte says it is essential for communities to fully fund pension plans. /

Time to ‘be creative, think differently’ on spending

It can’t get much better on a professional level for Ernest Almonte. Rhode Island’s auditor general for the last 14 years, Almonte this month will...

Trade group shares vision for U.S. health care reform

If you could shape U.S. health care reforms in the coming years – and help ensure they happen – what would be your priorities?...
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R.I. to receive $1.3M from auction of carbon permits

The first auction of carbon-emission permits for the Northeast states’ new cap-and-trade system was carried out successfully, but officials and observers say the price...

Car, truck sales drop on credit; GM tops estimates

Ford Motor Co., Toyota Motor Corp. and Honda Motor Co.’s U.S. sales tumbled in September after tighter credit scared off buyers. General Motors Corp.’s...

Industrial firms can thank banks for lower interest

The same credit crunch gripping banks, brokers and insurers is providing industrial companies with the lowest short-term borrowing costs in almost four years. Yields on...

Mass. receives $54M to aid in bailout of foreclosed homes

BOSTON – The U.S. Department of Housing and Urban Development (HUD) last month allocated $54.8 million to Massachusetts to help stabilize neighborhoods hit hard...
MINORITY WHIP Roy Blunt, R-Mo., speaks about the revised rescue plan at the Capitol today. Listening are fellow House Republicans, from left, John Boehner of Ohio, Eric Cantor of Virginia and Adam Putnam of Florida. /

House OKs rescue plan, 263-171

WASHINGTON – The administration’s $700 billion plan to bail out the financial markets was approved today by the U.S. House of Representatives by a...
"THE BEST advice is to establish strong relationships with people at your bank who are experts at working with small businesses," says Erik Doucette,  a Citizens Bank vice president and director of business banking in Rhode Island and Connecticut. /

Five Questions With: Erik Doucette

With the $700 government bailout under consideration last week, there was a lot of talk about a credit crunch. Proponents said the bailout would...

Greenwood marks anniversary with ‘green’ events

WARWICK – The Greenwood Credit Union is marking its 60th anniversary this month with several environmentally related events. On Oct. 18, GCU will hold a...
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