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BEST INTEREST: From left, Merrill Lynch Wealth Management officials Diane Fiore, senior client associate; Brendan McCarthy, senior vice president, wealth management; and Edythe M. DeMarco, managing director of wealth management, meet at their Providence office. DeMarco says her firm acts in the best interest of clients and is in favor of the fiduciary rule that would require the same. / PBN FILE PHOTO/­RUPERT WHITELEY

Wealth managers divided on delay of fiduciary rule implementation

The decision to once again delay full implementation of the so-called fiduciary rule comes with a sigh of relief to some financial planners not...
TENTATIVE DETAILS have emerged on THE GOP's consensus tax plan. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Changes seen costing $200B in revenue: Tax debate update

NEW YORK - Congressional leaders worked quickly to finalize compromise legislation for floor votes next week in an all-out effort to provide themselves and President...
SURVEY RESULTS show bankers largely attribute recent success in the industry to President Donald Trump, although most of them are not fans of him personally. / COURTESY BANK DIRECTOR

Survey: While not loved by bankers, Trump is good for business

PROVIDENCE – A recent survey shows more than half of banking executives and directors say President Donald Trump has been good for the industry. Indeed,...
MICHAEL FLYNN will plead guilty to lying to the FBI about his contacts with a Russian ambassador. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Flynn admits to lying, says Trump team knew of his Russia...

NEW YORK - Former national security adviser Michael Flynn pleaded guilty to lying to federal agents and is providing cooperation that promises to take...
MAJOR U.S. COMPANIES, including Coca-Cola Co., say they’ll turn over most gains from proposed corporate tax cuts to their shareholders instead of raising wages or increasing new hires. / BLOOMBERG FILE PHOTO/LUKE SHARRETT

Trump’s tax promises undercut by CEO plans to help investors

NEW YORK - Major companies including Cisco Systems Inc., Pfizer Inc. and Coca-Cola Co. say they’ll turn over most gains from proposed corporate tax cuts...
FORMER NATIONAL SECURITY adviser Michael Flynn. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Flynn lawyers are said to stop cooperation with Trump legal team

NEW YORK - The legal team for former National Security Adviser Michael Flynn has stopped sharing information with President Donald Trump’s lawyers about the...

Will the tax reform proposal being put forth by the U.S....

The U.S. tax reform proposal being put forth by the U.S. House of Representatives has both proponents and opponents, and the final version is...
ENROLLMENT FOR OBAMACARE increased more than 30 percent compared to the first five days of signup in 2016.. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Affordable Care Act enrollment starts stronger than 2016 in first 4...

NEW YORK - Americans signed up for Obamacare plans at a brisk pace early in this year’s open-enrollment period, despite repeated White House efforts...
U.S. REP. DAVID N. CICILLINE

Cicilline: Working families deserve trade deals that work for them

Last year, anxieties about the outsourcing of American jobs, slow growth of wages, and rapid increases in everyday expenses helped propel President Trump to...
THE FIRST ITERATION OF A TAX overhaul bill in the House of Representatives proposed reducing and cutting tax breaks for renewable energy companies. / BLOOMBERG FILE PHOTO/KEN JAMES

Fossil-fuel friendly tax plan spares oil, not solar, wind or Tesla

NEW YORK - The tax overhaul proposed in the U.S. House looks like a better bet for oil and natural gas companies than solar...
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