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Rhode Island ranks among the worst states for taxes on business, according to the 2014 State Business Tax Climate Index released by the Tax Foundation Wednesday. more
Rhode Island was the only U.S. state to report a decline in middle-wage jobs between 2010 and 2013, according to a new study by CareerBuilder and Economic Modeling Specialists International released Thursday. more
A financial analyst who follows TD Bank Group believes that a possible bid by the Canadian bank for the Royal Bank of Scotland’s U.S. subsidiary could face several roadblocks, the Philadelphia Business Journal reported Tuesday. more
Marcel A. Valois, executive director of the R.I. Economic Development Corporation, believes the agency must earn back its reputation by reaching out to local businesses and focusing on “the nuts and bolts” of economic development, The Associated Press reported Wednesday. more
Oshean Inc., a nonprofit group formed to develop communications infrastructure in Rhode Island and nearby Massachusetts, announced the completion Friday of Beacon 2.0, a high-speed fiber-optic network connecting more than 100 schools, hospitals, libraries and government agencies. more
The U.S. Small Business Administration has revised its size standards for the utilities and construction industries, redefining the maximum size a firm can be and still be considered a small business. more
The land slated for development around T.F. Green Airport and a commuter-rail station has a new name and website to market it. The 95-acre former Warwick Station Development District is now called City Centre Warwick. more
Hasbro Inc. and Brown University will each donate $25,000 to make up for the theft of $50,000 worth of technology from Sophia Academy and to fund the installation of new security equipment at the school. more
(Updated, Feb. 3, 10:42 a.m.) Bryant University President Ronald K. Machtley on Friday said the university will establish a School of Health Sciences within the year that will be anchored by a graduate physician assistant program set to start in January 2015. more
The state of Rhode Island has reached a tentative settlement with the law firm Moses Afonso Ryan Ltd., and one of the firm’s partners, Antonio Afonso Jr., who served as bond counsel to the state on the 38 Studios LLC bond deal. more
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