Updated February 23 at 10:23am
Investing
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(Updated 11:43 a.m. to reflect corrected information) The state pension investment fund lost approximately $471 million in fiscal 2016, marking a 5.9 percent reduction to $7.5 billion compared with fiscal 2015. more
I spent the first 17 years of my career working in the New York area. In 2003 my wife and I quit our jobs and moved to Rhode Island for the quality of life. My career evolved into working with startups in the data and SaaS space. This led to nearly … more
The majority of small-business owners do not offer a 401(k), and nearly half of them see no value in it, according to the 2016 SurePayroll Small Business Scorecard. more
The fact there are no private venture-capital firms in Rhode Island may not mean much to the business community at-large, but it's important for startups – where ideas live and die with access to early-stage funding. "If you want to … more
The $7.7 billion Rhode Island pension fund will join shareholders of energy companies ConocoPhillips, Exxon Mobil, Chevron and Devon Energy in co-filing proposals requiring the corporations to disclose their lobbying activities, R.I. General Treasurer Seth Magaziner said Monday. more
This year's legislative session once again denied any operating funds for the Slater Technology Fund. Just to review, Slater is a nonprofit that makes seed and early-stage investments in local companies. Since its creation 20 years ago, … more
(Updated, July 1, 5:05 p.m.) Editor's note: This is the second of a four-part series exploring how well Rhode Island cities and towns are funding municipal pension and benefit plans and the public-policy ramifications. Detective James Brady sits outside a … more
TAUNTON, Mass. – The South Eastern Economic Development (SEED) Corporation recently made a micro loan to Newport Potters Guild to enable the small business to start a pottery and clay art gallery and create four new jobs. more
On a fall Saturday four years ago, 330 people mingled and brainstormed at the R.I. Convention Center, floating ideas to boost a sluggish Rhode Island economy – envisioning paths to growth that would "make it happen" here. The "Make It … more
Strong lottery growth in North America and Italy boosted revenue for International Game Technology PLC in the third quarter, the company said Monday. more
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