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The Rhode Island Public Expenditure Council will examine the current structure and operation of the R.I. Economic Development Corporation in light of the recent 38 Studios LLC loan guarantee debacle, Gov. Lincoln D. Chafee announced Thursday.
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By Emily Greenhalgh |
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Providence has reached a tentative agreement with its current and retired workers on a package of benefit cuts large enough to keep Providence out of bankruptcy and end a high-stakes court fight.
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By Patrick Anderson |
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Gov. Lincoln D. Chafee said Friday afternoon that 38 Studios LLC was back in default on its $75 million loan guarantee deal with the state for violating labor laws governing mass layoffs.
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By Patrick Anderson |