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THE TYCO FLOW CONTROL division saw operating income for the full year drop 17 percent to $410 million from $496 million in 2009.  /

Tyco announces Q4 results, stake sale; Flow Control division sees declines

MANSFIELD – Tyco International Ltd., the world’s largest maker of security systems, agreed to sell a majority stake in its Electrical and Metal Products...
VIDEO SLOTS PARLOR Twin River emerged from Chapter 11 on Tuesday 17 months after it filed for bankruptcy protection.  /

Twin River leaves bankruptcy protection

LINCOLN - Video slots parlor Twin River emerged from Chapter 11 on Tuesday 17 months after it filed for bankruptcy protection. The R.I. Department of...
METRO-GOLDWYN-MAYER INC. is seeking permission from the bankruptcy judge to keep exit-loan fees confidential. /

MGM seeks permission from bankruptcy judge to keep exit-loan fees confidential

LOS ANGELES - Metro-Goldwyn-Mayer Inc. is seeking permission from the bankruptcy judge not to disclose the fees it will pay for $500 million in...
"OUR NUMBERS prove that there is still a demand for capital by small businesses," said SBA R.I. District Director Mark S. Hayward.   /

Five Questions With: Mark S. Hayward

The U.S Small Business Administration has been busier lately because of the federal Small Business Jobs and Credit Act, a measure designed to spur...

Bank of America extends $173B in credit

CHARLOTTE, N.C. – Bank of America Corp. says it extended more than $173 billion in credit to individuals and businesses during the third quarter,...

TD Bank to open first 3 R.I. ‘stores’

PROVIDENCE – TD Bank’s expansion into Rhode Island officially begins Friday, Nov. 12, when the bank opens its first Ocean State branch. The Barrington “store”...

MLB exec. elected to FM Global board

JOHNSTON – Jonathan Mariner, executive vice president and chief financial officer at Major League Baseball, has been elected to the board of directors of...

Huntington Bank expands auto unit into R.I.

COLUMBUS, Ohio – Huntington Bank, a Midwest bank run by former Citizens Financial Group Inc. President and CEO Stephen D. Steinour, is moving into...
Citizens Financial Group Inc. launched Monday a mobile banking application for commercial customers. /

Citizens Financial Group launches mobile banking application

PROVIDENCE – Citizens Financial Group Inc. launched Monday a mobile banking application for commercial customers, saying it’s a first among banks in Citizens’ 12-state...

Four R.I. mental health centers form partnership as Horizon Health Partners

WARWICK – Four Rhode Island community mental health centers have joined forces as Horizon Healthcare Partners, a nonprofit management services organization. Horizon will be made...
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