Updated March 29 at 12:28am
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Nationwide, a new report says that state public employee pension plans are underfunded by nearly $5.6 trillion. At $18.6 billion, Rhode Island’s unfunded liability is one of the smallest among the 50 states, thanks to its size and fewer employed workers. more
Accountants, actuaries, politicians and union leaders are scheduled to meet on Friday to discuss the looming Rhode Island crisis related to public pensions and other post-employment benefits at a seminar dubbed “The Gathering Storm.” more
The House Minority Caucus wants documents related to the 38 Studios LLC criminal investigation released. more
Former Boston Red Sox pitcher and failed video game entrepreneur Curt Schilling took to the Facebook streets this weekend to announce plans to enter the political arena, including an eventual run for president. more
(Updated 5:18 p.m.) Officials said there will be no criminal charges filed as a result of an investigation into 38 Studios LLC. A press conference was held Friday afternoon at state police headquarters to report findings of the criminal investigation into the failed video game venture by former Boston Red Sox pitcher Curt Schilling that left taxpayers on the hook for a $75 million loan guarantee. more
A R.I. Superior Court judge this week decided to postpone the civil suit regarding 38 Studios LLC, as several pretrial motions are still pending. more
Restoration of American manufacturing has occupied a prominent space in President Donald Trump's speeches, commentary and tweets. But a mixed message was conveyed by the new president when he released a broad overview of his 2018 budget … more
Rhode Island’s $7.7 billion pension fund terminated investments in seven hedge funds, including Brevan Howard Asset Management and Och-Ziff Capital Management Group LLC, after voting last month to cut its allocation in half over two years. more
New overtime pay requirements take effect Dec. 1, and though they were announced in May by the U.S. Department of Labor, there's still plenty of confusion among local employers about how to apply the changes. According to the agency, … more
(Updated 10:10 a.m. and 12:39 p.m.) The R.I. Commerce Corp. said Tuesday that it has agreed to a $25.6 million settlement with two more defendants in the ongoing 38 Studios LLC civil lawsuit. more
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