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RIAC bond rating is lowered; outlook stable
Fitch Ratings announced last week that it has downgraded the R.I. Economic Development Corporation’s approximately $243 million in outstanding R.I. Airport Corporation senior-lien general airport revenue bonds to “BBB+” from “A-.” Fitch revised the rating outlook to stable. more
6/17/13
Coakley urging funding for fishery research
BOSTON – Calling scientific research “critical” to the future of the state’s fishing industry, Attorney General Martha Coakley is urging the legislature to keep funding for fisheries research within the proposed fiscal 2014 budget. more
6/17/13
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. more
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. more
| 6/18/13
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. more
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. more
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