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Critics of the Rhode Island pension system’s growing investment in hedge funds warn that they’ve increased the state’s exposure to risk while subjecting it to the notoriously high fees charged by alternative-investment managers.
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By Patrick Anderson |
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Central Falls Mayor James Diossa is among the new guard of political leaders hoping to step out from the shadow of public corruption that often runs beside issues of taxes, incentives and educating a 21st-century workforce in Rhode Island.
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By Rhonda Miller |
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The share of workers opting to take company medical coverage rather than more take-home pay rose in Massachusetts after the state overhauled its health system in 2006, a result the U.S. Affordable Care Act may replicate, a report suggests.
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By Alex Wayne |
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PROVIDENCE – Legislation that would decriminalize the possession of small amounts of marijuana in Rhode Island passed committees last week and could be heading to full votes soon, The Associated Press reported.
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6/4/12
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While many of Rhode Island’s 91 special districts perform valuable services, their lack of mandated financial controls leaves them open to charges of poor fiscal management, according to a report released by the Rhode Island Public Expenditure Council late Monday.
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By PBN Staff
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PROVIDENCE – The General Assembly has approved bills sponsored by Rep. James N. McLaughlin, D-Cumberland, and Sen. Roger A. Picard, D-Woonsocket, to create a commission that will designate monuments for historical and cultural significance.
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6/25/12
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PROVIDENCE – The General Assembly complied with the state Open Meetings law 96 percent of the time last year, according to Secretary of State’s A. Ralph Mollis’ office.
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2/11/13
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With the economic-development plan that he unveiled last week, Providence Mayor Angel Taveras has sent a message – it’s time to stop playing defense and move forward. Growth is the shot in the arm that cures deficits and starts self-sustaining, virtuous cycles.
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4/1/13
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R.I. Health Insurance Commissioner Christopher F. Koller says there’s enough unfinished business to keep him working right up until the last minute of his scheduled departure at the end of June. That’s when he’s set to begin his new job as president of the Milbank Memorial Fund in New York City.
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By Richard Asinof
Contributing Writer | 5/13/13 |
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In his first year in office, Providence Mayor Angel Taveras just wanted to survive the “category 5 fiscal hurricane” brought about by the recession and years of city policy decisions.
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By Patrick Anderson |