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Public sector workers digging in to save pensions under assault
Leaders of the largest U.S. union of public-sector workers are vowing to fight efforts by state and local governments to balance their budgets with cuts to employee benefits even as voters have sided with that strategy. more
Factory Five Racing named New Bedford small business of year
Factory Five Racing Inc. was named the 2012 Greater New Bedford Small Business of the Year by the New Bedford Area Chamber of Commerce and BankFive. more
| 6/19/12
Report: R.I.’s pensions, retiree benefits cause for ‘serious concern’
According to the Pew Center report - “The Widening Gap Update” – Rhode Island’s management of its long-term liabilities for pensions and retiree health care were cause for “serious concern.” more
| 5/19/12
Report: Minimum wage bump will cost 200 jobs
By raising the state minimum wage from $7.40 to $7.75, the General Assembly will make it even more difficult for teenagers to find jobs, according to a new report from the Rhode Island Center for Freedom and Prosperity. more
| 6/18/12 | 2 comments
Dillon resigns as RIAC president
(Updated, 11:30 a.m.) Kevin A. Dillon, president of the R.I. Airport Corporation since 2008, is stepping down to take a leadership role at another airport authority, he said Tuesday. more
| 6/19/12 | 2 comments
MetLife wins extension to resubmit Fed capital plan
MetLife Inc., the largest U.S. life insurer, got more time to submit a fresh capital plan to the Federal Reserve after attempts to lift its dividend and resume buybacks were twice thwarted by the regulator. more
Hart named CEO of Narragansett Bay Insurance
Narragansett Bay Insurance Co. has named Todd Hart - right - its new CEO, replacing company founder Nick Steffey - left - who will continue on as executive chairman. more
| 6/19/12
University Medicine expands PCMH model
University Medicine has entered into an agreement with Blue Cross & Blue Shield of Rhode Island to roll out its patient-centered medical home model to six more of its practices, BCBSRI announced Monday. more
| 6/18/12
Labor Dept. cuts state’s extended unemployment benefits
Rhode Island no longer qualifies for the State Extended Benefits unemployment insurance program, the U.S. Department of Labor told the R.I. Department of Labor and Training on Monday. more
Providence entrepreneur named youngest Echoing Green fellow
Khalil Fuller, CEO of NBA Math Hoops, was named the youngest Echoing Green fellow in the fellowship’s history. more
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