Public Policy
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Providence ranked 15th in U.S. for favorable business tax structure
Among a survey of 73 U.S. cities that offer the most favorable tax structures for businesses, Providence ranked 15th overall. more
Koller cuts requested rate increases for commercial health insurers
R.I. Health Insurance Commissioner Christopher F. Koller announced today his decision to “significantly lower “ the average requested 2013 health insurance premiums for Rhode Island’s three commercial insurers – Blue Cross & Blue Shield of Rhode Island, UnitedHealthcare of New England and Tufts Health Plan. more
Report: Minimum wage bump will cost 200 jobs
By raising the state minimum wage from $7.40 to $7.75, the General Assembly will make it even more difficult for teenagers to find jobs, according to a new report from the Rhode Island Center for Freedom and Prosperity. more
| 6/18/12 | 2 comments
Brown to benefit from $127M bond sale
Brown University will use a $127.4 million bond sale to renovate downtown property after agreeing in May to almost double annual payments to the city. more
Chafee names chief digital officer
After a three-month national search, Woonsocket native Thom Guertin has been selected as Rhode Island’s first chief digital officer, Gov. Lincoln D. Chafee announced Wednesday. more
| 10/10/12
Deloitte to audit 38 Studios’ books
The R.I. Economic Development Corporation has commissioned a forensic audit of 38 Studios LLC to learn how Curt Schilling’s beleaguered video game company ran out of money and how much the former pitcher has put into it. more
Providence reaches agreement with Care New England, CharterCare
Care New England and CharterCare Health Partners have agreed to pay $1 million and $300,000, respectively, to the city of Providence in a payment-in-lieu-of-taxes agreement, Mayor Angel Taveras announced Friday. 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
West Warwick, Warwick police land funds from Justice
The town of West Warwick and the Warwick Police Department landed $125,000 and $500,000, respectively, from the U.S. Department of Justice Office of Community Oriented Policing Services. more
EPA approves New Bedford terminal project
The U.S. Environmental Protection Agency has approved the $100 million, 28.5-acre marine terminal project in New Bedford. more
| 11/20/12 | 1 comment
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