Government

Government
Jun 19

House finance committee approves $8.2B fiscal 2014 budget

The House Finance Committee approved an $8.2 billion Rhode Island budget for fiscal 2014 unveiled by Democratic leaders Tuesday night that forgoes a corporate tax-rate cut sought by Gov. Lincoln D. Chafee, but includes the first state payment for the failed 38 Studios LLC loan guarantee.
Defense Industry
Jun 19

Raytheon wants Pentagon to hold competition for anti-ship missile

Raytheon Co., the world’s largest missile maker, is challenging a Pentagon plan to use a Lockheed Martin Corp. anti-ship weapon and is asking for a chance to offer an alternative.
Economic Indicators
Jun 18

Tax Foundation: Federal assistance is 38% of R.I. revenue

Federal assistance accounts for 38.3 percent of Rhode Island’s general revenue, according to the Tax Foundation, which released a map on Monday depicting federal aid as part of general revenue for all 50 states.

Financial Services
Jun 18

Taveras: Financial Opportunity Centers have helped more than 1,000 Rhode Islanders

The city of Providence’s Financial Opportunity Centers have yielded significant results since their launch in 2011, announced Mayor Angel Taveras.
Transportation
Jun 18

Chafee unveils electric vehicle charging station at RWU

Gov. Lincoln D. Chafee celebrated the launch of a statewide network of electric vehicle charging stations on Roger Williams University campus Tuesday, unveiling one of the first of the charging stations to be installed in Rhode Island.

38 Studios
Jun 18
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Rhode Island Schilling default talk spurs Moody’s watch for cut

Rhode Island may have its credit grade cut by Moody’s Investors Service after lawmakers debated defaulting on $75 million in debt that brought a company started by former Boston Red Sox pitcher Curt Schilling to Providence.
Justice
Jun 18

1st Circuit throws foreclosure process into limbo, orders action

A federal appeals court has sided with lenders challenging an injunction in Rhode Island’s improper foreclosure case, remanding the case back to U.S. District Court for further review.
Calendar
PBN Hosted
Events

The 2nd Annual Healthiest Employers event will recognize employers who have strong, effective Health and Wellness programs in the region. Deadline for enrollment is June 28th.
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