Starting with the Navy shrinking its presence nearly half a century ago, Aquidneck Island has lost more than one-quarter of its population, with Newport and Middletown accounting for the entire decline. And the state expects that trend to continue.
When Providence Equity Partners LLC founder and CEO Jonathan M. Nelson addressed the annual meeting of the Greater Providence Chamber of Commerce before Thanksgiving, he said that "this country is awash in capital and it's all searching for a home."
Tedco Inc. has been awarded a $150,000 Business Affected by Foreign Trade grant to increase productivity throughout its departments by the New England Trade Adjustment Assistance Center in partnership with the U.S. Economic Development Administration.
(Updated 3:20 p.m.)
It was standing room only in the Statehouse’s State Room, where Gov. Gina M. Raimondo and other officials announced Monday that the U.S. Centers for Medicare & Medicaid Services will award $129.5 million to Rhode Island over five years.
The $7.7 billion Rhode Island pension fund will join shareholders of energy companies ConocoPhillips, Exxon Mobil, Chevron and Devon Energy in co-filing proposals requiring the corporations to disclose their lobbying activities, R.I. General Treasurer Seth Magaziner said Monday.
When Dow futures dropped 800 points on election night in anticipation of a Donald J. Trump presidency, many investors regretted not moving more of their investments to cash prior to Nov. 8. But since the day after the U.S. elections the Dow Jones Industrial Average had gained more than 3 percent as of mid-day Monday. What will you do with your investments?
Lowering the corporate tax rate appears to be all the rage. Donald Trump has promised a cut to 15 percent from 35 percent in the U.S., and British Prime Minister Theresa May has pledged to make the U.K.'s corporate tax the lowest in the G-20, which would mean taking it lower than Trump intends to.