Government
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Mayor Angel Taveras said he is restarting a suspended city program that invested in startup businesses in the annual State of the City address Tuesday. more
State Rep. Jan Malik, D-Warren, owner of Malik’s Fine Wine & Spirits, says the time has come for his fellow Ocean State businesspeople to speak out against Rhode Island’s sales tax. more
The R.I. Division of Taxation on Monday identified the first three projects to sign contracts under the state’s revived historic preservation tax credit program. more
Startup accelerator Betaspring’s use of $1.4 million in federal State Small Business Credit Initiative funds may have violated U.S. Treasury Department requirements, according to an audit conducted by Lyon Park Associates. more
(Updated, Feb. 14, 2:34 p.m.) The State Retirement Board on Friday voted to approve a proposed settlement of the state pension reform lawsuits, according to the R.I. Department of Administration. more
Marcel A. Valois, executive director of the R.I. Economic Development Corporation, believes the agency must earn back its reputation by reaching out to local businesses and focusing on “the nuts and bolts” of economic development, The Associated Press reported Wednesday. more
Rhode Island ranks among the worst states for taxes on business, according to the 2014 State Business Tax Climate Index released by the Tax Foundation Wednesday. more
A partial shutdown of the federal government would cost the U.S. at least $300 million a day in lost economic output at the start, according to IHS Inc. more
The R.I. Division of Taxation has launched a new special investigations unit to crack down on tax fraud. more
Standard & Poor’s recent upgrading of East Providence’s general-obligation debt rating from BB+ to A is giving some members of the local business community reason for optimism after struggling for years with the city’s building fiscal stress. more
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