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Former Red Sox pitcher Curt Schilling’s bankrupt video game company, 38 Studios LLC, claimed that the state of Rhode Island refused to honor a “fully negotiated deal and agreement” to give the company funding from film tax credits, reported The Boston Globe.
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The U.S. Supreme Court issued its much-anticipated ruling this morning on the Patient Protection and Affordable Care Act, upholding the law, saying in a 5-4 decision that the law, with its mandate requiring health insurance coverage, was constitutional.
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By Richard Asinof |
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Gov. Lincoln D. Chafee, the country’s only independent governor, is slated to speak at the 2012 Democratic National Convention in Charlotte, N.C.
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PBN: What do you think the No. 1 issue is in this election and how do you plan to approach it?
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By Michael Souza |
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(Updated, 5:00 p.m.) The state and R.I. Economic Development Corporation sued 38 Studios LLC founder Curt Schilling and 13 other institutions or individuals connected with the failed $75 million loan guarantee to the video company for allegedly misleading state officials about the deal’s risks.
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By Patrick Anderson |
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Gov. Lincoln D. Chafee Monday night said he expects to nominate new members to the depleted R.I. Economic Development Corporation Board of Directors by the end of the week, but acknowledged finding candidates has been difficult.
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By Patrick Anderson |
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Top executives from 18 large U.S. companies, including FedEx Corp., CVS Caremark Corp. and Boeing Co., are trying to keep up pressure on Congress to cut corporate tax rates.
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By Richard Rubin |
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I think that, in many ways, the R.I. Economic Development Corporation is getting a bad rap. We, as taxpayers, look to the EDC to help jump-start our economy, and it always seems to come up short.
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The extension of wind energy tax credits is included in the passage of the bill to avert the “fiscal cliff” late New Year’s Day. The bill now moves to President Barack Obama for his expected signature, according to a release from the American Wind Energy Association.
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By Rhonda Miller |
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Defense contractors led by Lockheed Martin Corp., General Dynamics Corp. and Raytheon Co. gained a reprieve from U.S. spending cuts that may prove short-lived.
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By Gopal Ratnam and Nick Taborek |
