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Block Island wind power completion being pushed back
The target date for completing Deepwater Wind’s proposed Block Island Wind Farm is slipping into 2015, CEO Jeff Grybowski said. more
House Finance Committee approves $8.1B 2013 budget
The House Finance Committee unveiled and then approved an $8.1 billion fiscal 2013 state budget late Thursday night, which scraps controversial meals, hotel and sales tax expansions more
Immigrant-owned U.S. companies said to generate $775B
Immigrant-owned businesses employ one in 10 U.S. workers in private companies and inject more than $775 billion of revenue into the U.S. economy, according to the Partnership for a New American Economy. more
The top supply-chain issues keeping U.S. executives awake
Just getting back from South Korea has made me realize how amazing it is that we live in a world sustained by global trade. The stark difference between North and South Korea prompts a lot of reflection about the benefits of global trade. America’s longest-serving Secretary of State, Cordell Hull, reportedly said, “If goods cannot cross borders, armies will.” But business faces its own struggles in its own trenches trying to make goods cross borders, whether these are company, state or international borders. Here is a list of 10 challenges businesses face today in trying to make trade work better. more
Guest Column: Ted Farris and Michael J. Gravier | 8/20/12
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
EpiVax lands $300K from NIH
EpiVax Inc., led by founder and CEO Dr. Anne S. De Groot, has been awarded an additional $300,000 Small Business Innovation Research grant from the National Institutes of Health’s National Institute of Allergy and Infectious Diseases, the company announced Friday. more
Providence ranked 15th in U.S. for favorable business tax structure
Among a survey of 73 U.S. cities that offer the most favorable tax structures for businesses, Providence ranked 15th overall. more
Koller cuts requested rate increases for commercial health insurers
R.I. Health Insurance Commissioner Christopher F. Koller announced today his decision to “significantly lower “ the average requested 2013 health insurance premiums for Rhode Island’s three commercial insurers – Blue Cross & Blue Shield of Rhode Island, UnitedHealthcare of New England and Tufts Health Plan. more
NOAA may classify river herring as ‘threatened’
The National Oceanic and Atmospheric Administration is slated to begin a series of hearings later this month to determine if river herring qualify as a threatened species, according to the Gloucester Times. more
| 6/4/12 | 1 comment
Northeast groundfish fishery named a ‘disaster’
Acting U.S. Secretary of Commerce Rebecca Blank declared a commercial fishery failure in the Northeast groundfish fishery for the May 1, 2013 fishing season, the National Oceanic Atmospheric Administration announced Thursday. more
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