Government
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State, federal and local officials marked the groundbreaking of a $29.9 million project that will overhaul Warwick’s historic Apponaug Village last week. more
The U.S. budget deficit will narrow less than forecast this year even as it falls to the lowest level since 2007 as a share of the economy, according to the Congressional Budget Office. more
The R.I. Department of Labor and Training has recovered more than $4.6 million so far this calendar year from individuals or employers trying to “game the system,” Director Charles J. Fogarty said in a department email newsletter. more
Capital Good Fund has been awarded a $125,000 Community Development Financial Institutions Fund grant from the U.S. Department of Treasury to provide micro-loans and financial coaching to low-income residents and communities across Rhode Island. more
Citing a number of concerns, including community opposition to the location of large wind turbines near the city’s Point neighborhood, the U.S. Navy has shelved its proposed wind energy project in Newport. more
The Slater Technology Fund is seeking $3 million from the state Renewable Energy Fund to seed a new $8 million investment vehicle for Rhode Island early-stage energy companies. more
The R.I. Department of Revenue collected $297,158 more than expected in July, resulting in a monthly total general revenue surplus of one-tenth of 1 percent compared with the state’s original revenue projections. more
Sellers of bonds backed by mortgages and auto loans would have to give investors details including the borrowers’ income and credit scores under rules the U.S. Securities and Exchange is poised to consider this week. more
Gov. Lincoln D. Chafee has trumpeted the potential of Canadian hydropower to supply so-called clean electricity to the New England, and he is not alone. Solar and wind power also have been targeted for growth. But no matter the source, the region needs more than renewable energy to meet its needs. more
Rhode Island’s landfill has about 24 more years of life left in it, but a new push to recycle stained, worn and damaged clothes and other textiles may help stretch out that life a little longer. more
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