Government
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Brown to benefit from $127M bond sale
Brown University will use a $127.4 million bond sale to renovate downtown property after agreeing in May to almost double annual payments to the city. more
EDC hires firm to investigate parties in 38 Studios deal
The R.I. Economic Development Corporation has hired Providence law firm Wistow & Barylick to pursue legal action against “third parties” connected with the 38 Studios LLC loan guarantee, Gov. Lincoln D. Chafee announced Tuesday. more
PBS transitioning to community license
The Rhode Island Public Telecommunications Authority voted to begin the process of transitioning Rhode Island PBS from a state licensee to a community licensee. more
| 6/26/12
EDC hires Maine researcher to gauge America’s Cup impact
The Rhode Island Economic Development Corporation has hired Maine-based research and planning firm Planning Decisions, Inc. to conduct an economic impact study of the America’s Cup World Series Event taking place this week in Newport. more
West Warwick, Warwick police land funds from Justice
The town of West Warwick and the Warwick Police Department landed $125,000 and $500,000, respectively, from the U.S. Department of Justice Office of Community Oriented Policing Services. more
U.S. stock futures fall on concern Europe’s crisis will worsen
U.S. stock futures retreated, following last week’s decline, on concern a meeting of European leaders will fail to help contain the region’s debt crisis. more
Schilling: R.I. refused to renegotiate loan
In an interview on the Dennis & Callahan sports radio show on WEEI in Boston, former Red Sox pitcher Curt Schilling said that before his now-defunct videogame company 38 Studios LLC filed for bankruptcy, an investor pledged $15 million if Rhode Island agreed to renegotiate the loan - the state refused, according to The Boston Globe. more
| 6/21/12 | 3 comments
U.S. stocks rise as banks rally after Moody’s downgrades
U.S. stocks rose, after yesterday’s selloff, as the downgrade of global banks by Moody’s Investors Service was followed by rallies in financial shares while the European Central Bank announced changes to its lending program. more
Workforce Board announces $1M in training grants
Gov. Lincoln D. Chafee and Governor’s Workforce Board Chair Constance Howes have awarded more than $1 million in matching training grants to Rhode Island employers. more
| 6/22/12
Langevin to host Innovation Forum at JWU
A forum focused on teaching small businesses how to obtain federal funds for innovative research and development projects has been scheduled for Monday, June 25, 2012, from 10:30 a.m. to noon at the Johnson & Wales University’s Culinary Arts Museum, 315 Harborside Blvd., Providence. more
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