Updated July 30 at 11:27am
Government
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An employee of The Providence Plan was fired Wednesday on allegations of embezzlement, the company announced Friday. more
(Updated 5:18 p.m.) Officials said there will be no criminal charges filed as a result of an investigation into 38 Studios LLC. A press conference was held Friday afternoon at state police headquarters to report findings of the criminal investigation into the failed video game venture by former Boston Red Sox pitcher Curt Schilling that left taxpayers on the hook for a $75 million loan guarantee. more
A U.S. District Court judge sided with plaintiffs who want to stop the Mashpee Wampanoag Tribe from building its $1 billion First Light Resort and Casino here. more
Consumer confidence slid in July from the prior month on dimmer views of the U.S. economy’s prospects and lingering concerns among higher-income earners about global market conditions. more
The U.S. economy expanded less than forecast in the second quarter after a weaker start to the year than previously estimated as companies slimmed down inventories and remained wary of investing amid shaky global demand. more
A weekly feature in Providence Business News, Spotlight, directs readers to a small business in the Ocean State that is making a go of it. This week's Spotlight, Vanquish Boats LLC in Newport and Bristol, is just such a business. Less than … more
Gov. Lincoln D. Chafee was a true believer in creating a level – and better – playing field for all business, and that that approach would bring companies to Rhode Island and grow jobs here, not tax incentives and the like. But with … more
Wilder Arboleda has been named community development manager of Central Falls. He serves on the Juvenile Hearing Board in Pawtucket and holds a bachelor's and master's degree in business administration from Providence College. more
Andres Taborda has been named business outreach and public relations coordinator for the Central Falls Planning Department. He previously served as head page in the R.I. House of Representatives and as program officer for campus recruitment for … more
Joe Rando, CEO and president of a small tech company, doesn't hesitate to describe the importance of public incentives in encouraging his company to move less than 20 miles, over the Massachusetts line, to Providence. Without the $521,000 … more
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