Politics
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Taveras outlines economic development plan
At a press conference on Wednesday, Mayor Angel Taveras outlined a 20-step economic development action plan to “put Providence residents back to work and jump-start the economy of Rhode Island’s capital city.” more
| 3/27/13 | 1 comment
Boehner declaring no debt crisis revealed in household loans
The bear market in bonds is being delayed by Americans socking away money at 50 times the rate at which they take on debt to buy houses, cars and other items. more
Hagel pressed to add East Coast missile defense, would aid Raytheon
Defense Secretary Chuck Hagel should include funds in the Pentagon’s next budget request to start work on a U.S. East Coast site for 20 anti-missile interceptors as a defense against Iran, House Republicans said. more
Providence gets 30% bonus curbing $109,000 retirees
Providence was so close to running out of cash a year ago that it couldn’t pay for tires on police cars. This month, Wall Street lined up to lend to Rhode Island’s capital, shrinking … more
U.S. stock futures drop as Cyprus bank levy renews euro concern
U.S. stock-index futures fell as euro-area leaders imposed a levy on Cypriot bank deposits to cut the cost of a bailout, sparking concern the measure may one day be used in the bigger economies of Spain or Italy. more
Judge rules Providence pension settlement fair
Superior Court Associate Justice Sarah Taft-Carter has issued a ruling that Providence’s pension settlement is “fair, reasonable and adequate,” according to a statement released today by Providence Mayor Angel Taveras. more
| 3/11/13
Shooters proposal likely to be decided next month
The future of the former Shooters nightclub property on the Providence waterfront sits delicately poised between the destination performing-arts venue a community group envisions and the sad, vacant lot it is today. more

By Patrick Anderson
PBN Staff Writer | 3/11/13

Cahill will pay $100K to settle ethics claims
BOSTON – Former Treasurer Timothy P. Cahill will pay $100,000 and serve a pre-trial probation period of 18 months to four years after admitting to violating state ethics law, Attorney General Martha Coakley announced. more
3/11/13
Corruption prompts code of ethics
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. more

By Rhonda Miller
PBN Staff Writer | 3/11/13

Chafee nominates 5 for EDC board
Shannon Brawley, Nancy Carriuolo, Roland Fiore, Jason Kelly and George Nee are the latest to be nominated by Gov. Lincoln D. Chafee for the R.I. Economic Development Corporation board of directors, Chafee announced Thursday afternoon. more
| 3/7/13 | 1 comment
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