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EAST CLEVELAND, Ohio— One of Ohio's poorest cities was dealt another financial blow Wednesday when a federal judge stuck it with a $638,000 judgment in favor of a Rhode Island company that supplied the traffic cameras the cash-strapped city hoped would boost its revenue.
EAST GREENWICH, R.I.— The president of New England Institute of Technology has announced a $120 million expansion project that will add more amenities including the school's first dormitory. The Providence Journal reports that President Richard I. Gouse announced the plans Tuesday.
Jerry Brown on Tuesday signed the nation's first statewide ban on single-use plastic shopping bags, following the lead of more than 100 California cities and counties. The fight between environmentalists and manufacturers is not over, as plastic bag makers vow to take their opposition to the ballot box.
Alex Padilla, D- Los Angeles, credits the momentum for statewide legislation to the more than 100 cities and counties, including Los Angeles and San Francisco, that already have such bans. The law marks a major milestone for environmental activists who have successfully pushed plastic bag bans in cities across the U.S., including Chicago, Austin and Seattle.
NEW YORK— Card data of Supervalu and Albertsons shoppers may be at risk in another hack, the two supermarket companies said Monday. Supervalu said the malware was installed on a network that processes card transactions at several chains, but it believes data was only taken from certain checkout lanes at four Cub Foods stores in Minnesota.
PROVIDENCE, R.I.— The average price of a gallon of gas in Rhode Island has fallen another 2 cents. AAA Southern New England's weekly price survey Monday found the average cost of a gallon of self-serve regular in the state fell to $3.41. Still, the Rhode Island average is 7 cents more than the national per-gallon average.
In the petition released Monday, electronics engineer Bob Ruginis of Bristol, Rhode Island, said a 2010 Corolla driven by his wife, Kathy, surged at low speeds several times, and a dealer couldn't find the cause.
NORTH KINGSTOWN, R.I.— Government, education and business leaders launched a campaign Monday to win voter approval for a bond referendum that would provide $125 million to upgrade the University of Rhode Island's engineering facilities.
DES MOINES, Iowa— The rapidly rising demand for locally grown fruits and vegetables has created a robust new market for refugees who fled violence in their home countries and found peace in farming small plots of land in several U.S. cities.
RIDGEFIELD PARK, N.J.— A fatal crash on a New Jersey interstate near the George Washington Bridge has snarled traffic headed to Manhattan and New England. Trooper Alina Spies with the New Jersey State Police says a tractor-trailer and an SUV crashed on Interstate 95 just before 5 a.m. Friday in the northbound lanes in Ridgefield Park.
The usual autumn decline of the price of gasoline is getting an assist from lower global oil prices. Up to 30 states could see an average price below $3 a gallon by the end of the year. Source: AAA, OPIS and Wright Express.
Silver Spring, Maryland- based Discovery Communications Inc. will have a 60 percent ownership interest in the joint venture, with Hasbro Inc. holding the remaining 40 percent. The Hub Network began as a joint venture between Hasbro and Discovery Communications in 2010, taking over from what was the Discovery Kids channel.
PROVIDENCE, R.I.— The Newport City Council has rejected an agreement with developers of a proposed full-fledged casino at Newport Grand that would have provided an additional $1 million payment to the city. The community agreement would have given preference to Newport residents for hiring and to Newport vendors for purchases of goods and services.
NEW YORK— Shares of Citizens Financial Group rose on their first day of trading joining a broader rally in the markets. The bank, based in Providence, Rhode Island, is the U.S. banking unit of The Royal Bank of Scotland Group. The stock, listed on the New York Stock Exchange under the symbol "CFG," rose $1.58 to close at $23.08.
NEW YORK— The toy wars just got a bit colder thanks to Disney's "Frozen," with Hasbro wrestling the rights for dolls from the hit movie away from its rival Mattel. Hasbro Inc. announced Wednesday that its new deal with Disney Consumer Products will give it global rights— with the exception of Japan— to develop dolls based on "Frozen."
Sept 24- Shares of Citizens Financial Group Inc, the U.S. unit of Royal Bank of Scotland Group Plc, rose as much as 3.5 percent in their market debut, valuing the lender at about $12.5 billion in the biggest U.S. bank IPO since the financial crisis.
The stock for the U.S. banking unit of The Royal Bank of Scotland Group gained $1.58, or 7.4 percent, to $23.08 Wednesday while the broader markets had their best day in more than a month. Citizens Financial Group raised about $3 billion in an initial public offering of 140 million shares.
NEWPORT, R.I.— The Newport Harbor Corp. is selling a portion of its downtown waterfront property, including the Newport Yachting Center entertainment site that's been the subject of noise complaints.
PROVIDENCE, R.I.— The Providence School District and the teachers union are taking their contract dispute to a mediator. The Providence Journal reports that Providence School Board President Keith Oliveira said he believes the contract rejection is related to the union's internal politics.
*Citizens shares priced at $21.50, below $23- 25 predicted range. LONDON, Sept 24- The biggest U.S. bank listing since the financial crisis got a lukewarm reception from investors, forcing Royal Bank of Scotland to cut the price of shares sold in Citizens Financial Group.