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Providence lawmakers - facing a $1 billion deficit and squeezed for cash - reformed pensions, ending automatic raises and capping annual payouts and joining a national insolvency fight over pensions.
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By Michael McDonald |
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Gov. Lincoln D. Chafee Tuesday rejected 38 Studios LLC founder Curt Schilling’s suggestion that Rhode Island sabotaged the beleaguered video game company and drove potential investors away with public comments about its potential demise.
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By Patrick Anderson |
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(Updated, 4:30 p.m.)With more than 110,000 still without power, Rhode Islanders are working to repair the damage inflicted by Hurricane Sandy.
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By Emily Greenhalgh |
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Former Red Sox pitcher Curt Schilling’s bankrupt video game company, 38 Studios LLC, claimed that the state of Rhode Island refused to honor a “fully negotiated deal and agreement” to give the company funding from film tax credits, reported The Boston Globe.
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Secretary of the Interior Ken Salazar announced the completion of a critical environmental assessment today, advancing plans for offshore wind development in the Ocean State.
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By Dana Reilly |
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The University of Rhode Island plans to increase its presence in the state’s capital city, according to President David M. Dooley, as part of a strategy to better prepare its students for success as well as help Rhode Island’s economy grow out of the hole it is in.
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By PBN Staff
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Nine Rhode Island hospitals will be penalized by the government starting in October because many of their patients are re-admitted soon after discharge. The Rhode Island institutions will lose a total of $1.6 million in Medicare funds, with Rhode Island Hospital losing the most at $699,765.
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By Richard Asinof |
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(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.
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By Patrick Anderson |
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Medical records, credit card data, your Social Security number – all that information is stored in computers. Passwords and firewalls protect that information, and today the law does as well.
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By John Larrabee
Contributing Writer | 5/28/12 |
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There are four important lessons to learn from Rhode Island’s 38 Studios disaster, according to Fortune Magazine Senior Editor Dan Primack.
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