Regulation
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Avedisian signs Warwick’s FY13 budget
Mayor Scott Avedisian signed the city’s fiscal year 2013 budget, which was approved by a City Council majority late Monday. more
| 6/5/12
Report: Eliminating sales tax could foster job growth
Phasing out Rhode Island’s sales tax could create more than 21,000 new jobs, according to a new report by the R.I. Center for Freedom and Prosperity. more
Moody’s upgrades CVS outlook to ‘positive’
Moody’s Investors Service – a globally recognized rating agency – has upgraded the outlook of CVS Caremark Corp. from “stable” to “positive.” more
| 6/4/12
Woonsocket under review for downgrade, says Moody’s
Moody’s Investors Service – a globally recognized rating company – said that Woonsocket, which is currently rated at “B2,” is under review for a potential downgrade. more
NOAA may classify river herring as ‘threatened’
The National Oceanic and Atmospheric Administration is slated to begin a series of hearings later this month to determine if river herring qualify as a threatened species, according to the Gloucester Times. more
| 6/4/12 | 1 comment
Developers flock to Mass. wind farm projects
Ten developers are interested in building wind farms off the coast of Massachusetts. According to the Boston Globe, these farms could generate nearly 10 times more energy than the the long-stalled Cape Wind project. more
| 6/4/12
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
Chafee taps McJennett as new CF receiver
John F. McJennett III will replace Robert G. Flanders Jr. as Central Falls receiver, Gov. Lincoln D. Chafee announced Friday. more
| 6/1/12
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: State should move toward investment as revenue improves
As state revenue improves, Rhode Island should move towards an investment-based agenda, according to a R.I. Public Expenditure Council report released Wednesday. more
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