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Despite rising office vacancies in downtown Providence over the past year, CB Richard Ellis-New England executives described a healthy overall Rhode Island commercial real estate market in the firm’s annual market outlook Tuesday. more
Newport Hospital recently received the American Nurses Credentialing Center’s Magnet Recognition, nursing’s highest distinction, for the third time. more
The Ocean House at Watch Hill has once again earned a AAA Five Diamond rating, its fourth consecutive year receiving the designation. more
The Rhode Island Hospitality Association on Wednesday hailed a new restaurant industry forecast from the National Restaurant Association that projects growth of 2.3 percent in sales this year in the Ocean State. more
Gov. Lincoln D. Chafee proposed an $8.5 billion fiscal 2015 budget on Wednesday that freezes tuition at public colleges and extends the state historic-tax-credit program. Chafee delivered the budget proposal along with his final State-of-the-State address that focused on education and infrastructure. more
Rhode Island ranked a dismal 46th on a ranking of the best and worst states for business, according to Forbes. more
Rhode Island Housing has awarded preliminary approval for $1.9 million in tax credits to two development projects that will collectively create 107 new homes in Providence. more
Utilidata Inc. will deploy its AdaptiVolt automated voltage and VAR optimization system on National Grid’s electric distribution circuits in Rhode Island for a pilot test of the technology, the company announced Jan. 22. more
South County Hospital, Blue Cross & Blue Shield of Rhode Island and South County Orthopedics have entered a bundled payment agreement for hip and knee replacements. more
(Updated 2:10 p.m.) A press conference expected to publicize details of a proposed settlement of the state’s pension battle with public employee unions was abruptly canceled early Wednesday morning at the joint request of state and union attorneys, according to the Federal Mediation and Conciliation Service. more
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