Government
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Changes come slowly to EDC
Reforming the state agency at the heart of the 38 Studios LLC loan guarantee has been as deliberate, modest and incremental as the video game company’s collapse was sudden and spectacular. more

By Patrick Anderson
PBN Staff Writer | 4/15/13

Judge approves Providence pension deal
On Friday, Superior Court Judge Sarah Taft-Carter gave final approval over the pension agreement between the city of Providence and its retirees, according to WPRI. more
| 4/12/13
Retail sales in U.S. dropped in March by most in 9 months
Retail sales in the U.S. unexpectedly fell in March by the most in nine months as employment slowed, showing households ended the first quarter on softer footing. more
Tax Foundation report outlines R.I. tax rates, collections
Rhode Island’s tax rates are some of the highest in the United States, according to The Tax Foundation’s 2013 “Facts and Figures” report. more
| 4/11/13
DLT: Private sector saw more job growth in 4Q than estimated
An analysis of Rhode Island’s tax data, released Thursday by the R.I. Department of Labor and Training, shows more growth in the state’s private sector employment during the fourth quarter of 2012 than was originally estimated. more
| 4/11/13
Non-negotiable furloughs increase turnover, hurt firms, says URI
The survey responses of about 200 furloughed state-employed professionals’ who were denied input in managing their time off showed higher emotional exhaustion and lower work performance even after returning to work. more
Chafee nominates 3 more to EDC board
Gov. Lincoln D. Chafee announced on Thursday three more nominees for the R.I. Economic Development Corporation’s board of directors: Lifespan’s Judith Diaz, Elizabeth Francis of the R.I. Council for the Humanities and Atrion Networking Corp.’s president and CEO Tim Hebert. more
| 4/11/13
State lawmakers unveil 9-bill gun safety plan
State lawmakers, Gov. Lincoln D. Chafee and Attorney General Peter F. Kilmartin have unveiled a nine-bill plan to help “improve gun safety and strengthen existing laws dealing with firearm violations.” more
| 4/10/13
Postal Service must halt Saturday delivery cut, board says
The U.S. Postal Service doesn’t have the legal authority to end Saturday mail delivery without authorization from Congress and must halt plans to take that step in August, its board said. more
U.S. stock futures climb as investors await budget, Fed minutes
U.S. stock futures rose, signaling the Standard & Poor’s 500 Index will gain for a third day, before President Barack Obama submits his budget to Congress and the Federal Reserve releases minutes of its March meeting. more
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