Politics
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38 Studios is an unwelcome legacy
There are many things that the Ocean State would like to be known for – Newport’s mansions, stuffies, Waterfire, Trinity Rep. But the odds are long against the supposition that we want to be known as the home and final resting place of 38 Studios LLC. And yet, that seems to be Rhode Island’s fate. more
6/11/12
State budget sticks to status quo, takes few risks
For many Rhode Island business groups, the $8 billion state budget lawmakers have begun debating and are expected to pass this week was notable for what it did not include: more
38 Studios declares bankruptcy as formal investigation begins
(Updated 6:00 p.m.) Former Red Sox pitcher Curt Schilling’s beleaguered video game company 38 Studios LLC has declared bankruptcy as a formal investigation of the company begins. more
| 6/7/12 | 1 comment
Chamber pulls out of EDC marketing deal
The Greater Providence Chamber of Commerce has pulled out of a planned partnership with the R.I. Economic Development Corporation to lure out-of-state, knowledge-based companies to … more
Chafee appoints 3 to EDC board, names ‘special adviser’
A construction materials company president, bank executive and union business manager are Gov. Lincoln D. Chafee’s latest nominees to the R.I. Economic Development Corporation board of directors. more
DOT targets seat belts in urban communities
PROVIDENCE – The R.I. Department of Transportation and the Rhode Island Legislative Black and Latino Caucus will seek proposals from community-based organizations for seat belt education campaigns. more
6/4/12
Pot decriminalization bills headed to votes
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. more
6/4/12
EDC role, leadership in doubt
When the R.I. Economic Development Corporation finally emerges from the turmoil surrounding its $75 million loan guarantee to Curt Schilling’s 38 Studios LLC, the quasi-state agency in charge of growing business activity in the state may be unrecognizable. more
House Finance Committee approves $8.1B 2013 budget
The House Finance Committee unveiled and then approved an $8.1 billion fiscal 2013 state budget late Thursday night, which scraps controversial meals, hotel and sales tax expansions more
RIPEC to examine EDC, as Chafee names 3 to board
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. more
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