With critics calling for radical change to the R.I. Economic Development Corporation in the wake of the 38 Studios disaster, Gov. Lincoln D. Chafee turned to Marcel A. Valois, a trusted name who had run the quasi-state agency 16 years earlier. And within weeks, the choice seemed to have a calming effect on the organization, which had just been overhauled and seen the departure of a large portion of management. more
Direct state and local government spending in Rhode Island increased 1.1 percent between fiscal 2010 and fiscal 2011, less than the 1.7 percent increase nationally, according to a report from the Rhode Island Public Expenditure Council released Tuesday.
PROVIDENCE – U.S. Rep. James R. Langevin said he unwittingly made a profit on an investment scheme that preyed on terminally ill people and that he has since donated the money to charity, The Associated Press reported last week.
House Republican leaders proposed a short-term increase in the debt ceiling that would continue the government shutdown and reduce the prospects for a U.S. default while extending the partisan fiscal fight.
By Roxana Tiron, Richard Rubin and Phil Mattingly Bloomberg News
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.