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Report: R.I. awarded $34M in tax credits in FY2012
In fiscal year 2012, Rhode Island awarded more than $34 million in five tax credit programs, including those offered through the motion picture tax credit and the Jobs Development Act. more
| 8/16/12
Heavy rains flood Fall River hospital
For the second time in a week, heavy rains and flash floods left the emergency room of Fall River’s St. Anne’s Hospital underwater, according to The Herald News. more
| 8/16/12
Housing starts in U.S. fall as permits reach 4-year high
New-home construction in the U.S. fell in July, while the number of building permits jumped to the highest level in four years, indicating the industry will keep improving in the second half of the year. more
Inc. Magazine releases 2012 fastest-growing private companies list
Sixteen Rhode Island companies - including VMS Alarms - and three from neighboring Bristol County, Mass., were named as some of the fastest-growing private companies in the United States on an Inc. Magazine 2012 list. more
| 8/16/12
Regional consumer prices rise 1.1% in July
The Consumer Price Index was essentially unchanged in the Northeast over the last 12 months, rising 1.1 percent to 244.98, the U.S. Bureau of Labor Statistics reported Wednesday. more
| 8/15/12
Immigrant-owned U.S. companies said to generate $775B
Immigrant-owned businesses employ one in 10 U.S. workers in private companies and inject more than $775 billion of revenue into the U.S. economy, according to the Partnership for a New American Economy. more
Study: R.I. iPhone users are third clumsiest in U.S.
SquareTrade, the world’s largest independent warranty provider, ranked Rhode Island third clumsiest state regarding iPhone damages. more
| 8/15/12
Textron named a ‘top air polluter’
(Updated Fri, Aug. 17, 4:30 p.m. with comments from Textron) Textron Inc. – the Providence-based company that includes Bell Helicopter and Cessna Aircraft – was named the No. 2 corporate air polluter in America by researchers at the Political Economy Research Institute at the University of Massachusetts Amherst. more
| 8/15/12
Report: R.I. economic recovery is slowing
The Rhode Island Current Economic Indicator for the second quarter of 2012 grew 0.4 percent, indicating that the Ocean State’s economic growth has slowed significantly in the first half of 2012, according to a report by Bryant University and the Rhode Island Public Expenditure Council. more
| 8/15/12
EPA awards $200K to clean up N.B. location
The U.S. Environmental Protection Agency has awarded a $200,0000 brownfields cleanup grant to the city of New Bedford. more
| 8/14/12
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