Purported budget savings from RIte Care changes based on incorrect numbers
PROVIDENCE – Numbers provided to the House Finance Committee in a staff presentation about potential savings to be achieved by reducing eligibility for adults and parents under the RIte Care program appear not to be accurate, according to Mark Reynolds, president and CEO of Neighborhood Health Plan of Rhode Island.
Source: Providence Business News
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Harleysville Savings Bank wins contest
The Pennsylvania Association of Community Bankers (PACB) celebrates its annual Community Banking Week with a contest for member banks who are “Making a Difference on Main Street.” Harleysville Savings...
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Wall Street futures and FTSE fall after shock US job numbers
A shocking low US employment number has sent shares tumbling as the world's biggest economy shows no signs of recovery despite all the financial stimulus sent in its direction. Dow Jones futures - up...
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Upper Moreland Township proposes tax change
A proposal to change the Local Services Tax in Upper Moreland in 2012 from $10 to $52 annually for people working in the township making more than $12,000 was discussed by the finance and administrative...
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FSA regulator says financial sector is failing to accept need to change
If supermarkets behaved like financial firms, how long would they last? asks Margaret Cole One of the City's most senior regulators has hit out at the bosses of financial firms for failing to embrace...
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Lower Merion sees savings with bond refinancing
Lower Merion Township commissioners may have viewed a new financial forecast through different lenses, but there was some positive news on which they could agree this week.
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Lloyds Cutting 15,000 Jobs for 1.5B Pound Savings
Lloyds Banking Group Plc (LLOY) , Britain’s biggest mortgage lender, will cut 15,000 jobs and make savings of 1.5 billion pounds ($2.4 billion) by 2014, raising the efficiency savings following its...
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Oneida Savings Bank opening second branch in Rome
ROME – Ground was broken Thursday morning as construction begins on the 12th banking office of Oneida Savings Bank.