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It’s a message that’s been stated repeatedly in an effort to drive Rhode Island’s – and the nation’s – economic recovery: a knowledge-based economy, technical retraining and small-business creation are keys on the road to success. And Rhode Island is making some progress, according to Laurie White, executive director of the
By Michael Souza |
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Rhode Island’s $75 million loan guarantee to 38 Studios LLC was already synonymous with bad judgment. The state’s lawsuit against the deal’s participants now attempts to link it with fraud and incompetence.
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By Patrick Anderson |
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Income inequality has grown in the Ocean State in recent decades and the incomes of the state’s richest residents “dwarf” those of its poorest, according to a report from the Economic Policy Institute and the Center on Budget and Policy Priorities.
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By Emily Greenhalgh |
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In a year of double-digit unemployment and 38 Studios LLC’s bankruptcy, economic-development concerns inevitably move to the front of the line.
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By Patrick Anderson |
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Sure, being surrounded by beautiful women is nice, says Bill Oates, founder and co-owner of
By Rebecca Keister |
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The
By Patrick Anderson |
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When city officials explain why they didn’t terminate the Providence Economic Development Partnership’s troubled loan program this year following a damning federal report, they point to businesses such as
By Patrick Anderson |
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Business incentives and tax breaks were in the spotlight in the past year and will almost certainly be again in 2013.
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By Patrick Anderson |
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Since finishing fourth in a 2010 bid for governor, Sympatico Software Systems President and Moderate Party founder Ken Block has remained an active presence in the Rhode Island political arena. This year, Block is working with fellow business leaders in the Smaller Business Association of New England to develop and promote an economic-policy plan for the state. The plan, which Block and other SBANE members are pitching to elected officials this winter, calls for a series of economic-development and education reforms to spur growth. The SBANE plan would redirect state English-as-a-second-language funding to economic development, investigate use patterns in unemployment insurance, potentially eliminate the state temporary-disability insurance program and exempt new investments in Rhode Island companies from capital gains tax. The education ideas include increasing instructional time, reducing teacher absence and moving the start of teacher contracts away from the beginning of the school year.
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By Patrick Anderson |
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Fiscal brinksmanship in Washington and the halting economic recovery in Rhode Island frustrated local business leaders in 2012, but their plans for the year ahead reveal a latent current of optimism running through the region.
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By Patrick Anderson |