Updated October 21 at 4:21pm
Local News
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Gov. Gina M. Raimondo is asking the business community to “double down” its investment into the Ocean State economy, saying the state has garnered momentum and indicators are beginning to point in the right direction. more
Providence Business News received first-place honors for Best Mobile Application design and best Transportation Reporting story in the New England Newspaper & Press Association’s 2016 Better Newspaper Competition. more
Thanks largely to general revenue exceeding estimates and state agencies spending under budget in fiscal 2015, Rhode Island has a surplus for the year that is $46.4 million larger than anticipated, bringing the total for the year to $166.4 million, according to an analysis done by the Rhode Island Public Expenditure Council. more
(Updated, 5:12 p.m.) The Securities and Exchange Commission on Monday filed charges against the R.I. Economic Development Corp. and its bond underwriter Wells Fargo Securities, alleging fraud that stems from a 2010 municipal bond offering to finance the now-defunct video game company 38 Studios LLC. more
The U.S. Small Business Administration announced the 2016 Rhode Island small business award winners this week. more
Standard & Poor’s Ratings Services has assigned an A-plus, long-term rating to a series of bonds expected to be executed soon by the R.I. Turnpike and Bridge Authority. more
Cape Air will no longer offer seasonal summer service from T.F. Green to Block Island, the airline announced this week. more
Teespring has closed its Davol Square office, marking the last phase of a restructuring that began over the summer, a company spokeswoman said Monday. more
(Updated 1:32 p.m.) Robin Muksian will serve as the city’s director of administration, overseeing administrative aspects and operations while serving as senior adviser to the mayor. more
Rhode Island again is one of the least tax-friendly states, according to Kiplinger’s. more
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