Updated April 25 at 4:56pm
Government
1085 results total, viewing 971 - 980
In the hoopla over whether Thomas Piketty’s data on growing global inequality are correct, an important question about how to address the problem has been obscured. Piketty describes his own global wealth-tax idea as more of a “useful utopia” than a practical policy suggestion. Is there anything more plausible that can be done? more
WaterFire Providence will be able to request that the Army Corps of Engineers close the Fox Point Hurricane Barrier during WaterFire events in exchange for reimbursement of the costs, after the passage of a $12 billion U.S. water infrastructure bill on May 22. more
The General Assembly on Wednesday passed the Renewable Energy Growth Program bill, establishing a 160-megawatt, five-year program to finance solar and other distributed generation projects and earning praise from the New England Clean Energy Council. more
The House Finance Committee late Thursday night passed an $8.7 billion state budget bill unveiled by Democratic leadership that would lower the state’s corporate tax rate and cut estate taxes, while raising the gas tax and motor vehicle fees. more
The R.I. General Assembly on Tuesday passed two new laws to streamline the state’s regulatory reform process and eliminate statutes exempting certain rules and regulations from review. more
Siemens AG is in talks with Mitsubishi Heavy Industries Ltd. about a joint bid to buy Alstom SA’s energy business and counter a $17 billion offer by General Electric Co. more
Standard & Poor’s Ratings Services has upgraded Providence’s “BBB” credit outlook from stable to positive to reflect Mayor Angel Taveras’ efforts to improve the city’s fiscal management practices and general fund balance, Taveras’ administration announced Friday. more
General Electric Co., which is working to refine its offer for Alstom SA’s energy assets, will present new terms on Thursday as it seeks to thwart a counter bid by Siemens AG, said two people familiar with the matter. more
Wal-Mart Stores Inc. and Costco Wholesale Corp. are among six major retailers that reached an agreement with New York’s attorney general to add information to websites and mobile applications that will allow shoppers to compare prices by unit. more
Providence’s summer jobs program has helped 650 city youth find employment this summer, Mayor Angel Taveras announced Thursday. more
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