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BankRI parent sets aside $4.2M for losses tied to 38 Studios
Brookline Bancorp Inc., the parent company of Bank Rhode Island announced on Thursday it has set aside $4.2 million to cover possible losses from two business loans BankRI issued shortly after Brookline bought the bank in January. more
R.I. awarded $624K for food, shelter assistance
Rhode Island was awarded $624,045 in federal funding to supplement the state’s emergency food and shelter programs. more
| 8/17/12 | 1 comment
Gist to undergo surgery for brain tumor
R.I. Department of Education Commissioner Deborah A. Gist will undergo surgery to remove a believed benign brain tumor next month and will take an approximate two-month leave of absence for recovery, the department announced Tuesday. more
Chafee to speak at DNC
Gov. Lincoln D. Chafee, the country’s only independent governor, is slated to speak at the 2012 Democratic National Convention in Charlotte, N.C. more
| 8/31/12 | 1 comment
R.I. Hospital awarded $10.8M from NIH
(Updated, 1:30 p.m.) Rhode Island Hospital was awarded $10.8 million in funding from the National Institutes of Health for research into joint health. more
Whitehouse awarded inaugural ocean service award
U.S. Sen. Sheldon Whitehouse will receive the inaugural Admiral James D. Watkins Award for dedication to the oceans and ocean science from the Consortium for Ocean Leadership. more
Grossman proposes online sales tax in Mass.
Massachusetts State Treasurer Steve Grossman said the Bay State could generate as much as $339 million in new revenue by collecting state sales taxes on online transactions, reported the Statehouse News Service. more
| 9/28/12 | 1 comment
Business tax climate in R.I. is one of the worst, says Tax Foundation
Rhode Island again ranked among the worst states on the Tax Foundation’s 2013 State Business Tax Climate report. more
| 10/11/12 | 1 comment
State must do more to train unemployed to fill jobs
PBN: What do you think the No. 1 issue is in this election and how do you plan to approach it? more

By Michael Souza
PBN Staff Writer | 10/22/12 | 1 comment

R.I., EDC sue Schilling, Stokes and 12 others on 38 Studios
(Updated, 5:00 p.m.) The state and R.I. Economic Development Corporation sued 38 Studios LLC founder Curt Schilling and 13 other institutions or individuals connected with the failed $75 million loan guarantee to the video company for allegedly misleading state officials about the deal’s risks. more
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