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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
Fitch affirms RIAC bonds as ‘A-’ but ‘outlook negative’
The R.I. Airport Corporation's $261 million in general airport revenue bonds were labeled “A-” and given a negative outlook by Fitch Ratings. more
| 5/25/12 | 1 comment
State would get 18% of Twin River table game revenue
Rhode Island would receive 18 percent of revenue from proposed table games at Twin River Casino if voters this November approve allowing the facility to open them there. more
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
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
38 Studios declares bankruptcy as formal investigation begins
(Updated 6:00 p.m.) Former Red Sox pitcher Curt Schilling’s beleaguered video game company 38 Studios LLC has declared bankruptcy as a formal investigation of the company begins. more
| 6/7/12 | 1 comment
Primack: Lessons to learn from 38 Studios
There are four important lessons to learn from Rhode Island’s 38 Studios disaster, according to Fortune Magazine Senior Editor Dan Primack. more
| 6/15/12 | 1 comment
Labor Dept. cuts state’s extended unemployment benefits
Rhode Island no longer qualifies for the State Extended Benefits unemployment insurance program, the U.S. Department of Labor told the R.I. Department of Labor and Training on Monday. more
38 Studios claims state withheld funds from ‘negotiated deal’
Former Red Sox pitcher Curt Schilling’s bankrupt video game company, 38 Studios LLC, claimed that the state of Rhode Island refused to honor a “fully negotiated deal and agreement” to give the company funding from film tax credits, reported The Boston Globe. more
| 6/18/12 | 1 comment
Supreme Court upholds health care reform law
The U.S. Supreme Court issued its much-anticipated ruling this morning on the Patient Protection and Affordable Care Act, upholding the law, saying in a 5-4 decision that the law, with its mandate requiring health insurance coverage, was constitutional. more
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