Politics
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EDC hires firm to investigate parties in 38 Studios deal
The R.I. Economic Development Corporation has hired Providence law firm Wistow & Barylick to pursue legal action against “third parties” connected with the 38 Studios LLC loan guarantee, Gov. Lincoln D. Chafee announced Tuesday. more
Taveras: Providence is ‘recovering’
When Providence Mayor Angel Taveras delivered his State of the City Address this time last year, the city was $22 million short of closing a $110 million structural deficit, and it needed to find a … more
Defense contractors gain reprieve on cuts without long-term fix
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. more
Chafee announces accelerated regulation review plan
At the sixth annual “We Mean Business Expo” on Tuesday, Gov. Lincoln D. Chafee announced his plans to make it easier for small businesses to be successful in Rhode Island. more
| 9/18/12
Moody’s says U.S. faces Aaa cut without budget deal in 2013
Moody’s Investors Service said it may join Standard & Poor’s in downgrading the U.S.’s credit rating unless Congress next year reduces the percentage of debt-to-gross-domestic-product during budget negotiations. more
CVS joins Best Buy in quitting group backing voter-ID laws
Five more companies are ending their financial support of a public policy group that has worked with state lawmakers to pass pro-gun ownership and voter-identification laws, a civil rights group said Tuesday. more
Are voters ready to bet on gaming?
With Connecticut’s casinos struggling and competition from Massachusetts on the way, Rhode Island gambling opponents say the state should cash in its chips on gaming revenue. more

By Patrick Anderson
PBN Staff Writer | 10/29/12

Missed opportunity on credits
Cornish Associates President and CEO Arnold “Buff” Chase said his company has five historic Providence buildings lined up to buy and restore once Rhode Island brings back its historic tax credit program. more
Gun sales flourish as buyers fear new restrictions
Gun dealers in Rhode Island and across much of the nation have been swamped by customers amid renewed public debate over the need for stricter gun-control laws following the massacre of 26 people at a Connecticut elementary school. more

By Rhonda Miller
PBN Staff Writer | 12/31/12

Providence, workers reach retirement deal
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. more
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