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Most gas stations in Massachusetts meet requirements
BOSTON – Most Massachusetts gas stations are pumping fuel at the proper octane levels and the vast majority of stations are adhering to signage regulations, according to the Mass. Division of Standards. more
6/4/12
Twin River: 18% gaming share adds up for R.I.
Do the numbers add up? Twin River says yes, after legislation introduced in the Statehouse last week outlined that Rhode Island would get 18 percent of the revenue table games there would generate if voters approve full-fledged gambling this November. more
EDC role, leadership in doubt
When the R.I. Economic Development Corporation finally emerges from the turmoil surrounding its $75 million loan guarantee to Curt Schilling’s 38 Studios LLC, the quasi-state agency in charge of growing business activity in the state may be unrecognizable. more
Providence reaches agreement with Care New England, CharterCare
Care New England and CharterCare Health Partners have agreed to pay $1 million and $300,000, respectively, to the city of Providence in a payment-in-lieu-of-taxes agreement, Mayor Angel Taveras announced Friday. more
Chafee, mayors announce $2M for youth employment program
Gov. Lincoln D. Chafee, Providence Mayor Angel Taveras and Cranston Mayor Allan Fung announced a $2 million program designed to provide summer employment to more than 1,300 Rhode Island youth. more
Taunton City Council approves Wampanoag casino plan
The Taunton City Council has approved a deal with the Mashpee Wampanoag tribe that would pay the city more than $13 million a year if the tribe gets the approval it needs to build a casino in the city, according to the Standard-Times. more
| 6/1/12
Chafee taps McJennett as new CF receiver
John F. McJennett III will replace Robert G. Flanders Jr. as Central Falls receiver, Gov. Lincoln D. Chafee announced Friday. more
| 6/1/12
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
Fitch downgrades Woonsocket bonds to ‘B,’ outlook ‘negative’
Fitch Ratings has downgraded Woonsocket’s $118 million general obligation bonds from ‘BB-’ to ‘B’ and rated the outlook ‘negative.’ more
| 6/1/12
RIPEC to examine EDC, as Chafee names 3 to board
The Rhode Island Public Expenditure Council will examine the current structure and operation of the R.I. Economic Development Corporation in light of the recent 38 Studios LLC loan guarantee debacle, Gov. Lincoln D. Chafee announced Thursday. more
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