Updated April 1 at 8:01am
Government
1082 results total, viewing 1011 - 1020
The negative outlook on the U.S.’s AAA credit-ranking was changed to stable by DBRS Inc. amid declining federal budget deficits and after Congress suspended the nation’s debt limit earlier this year until 2015. more
The public may never know what proposals the Interstate 195 Redevelopment District Commission turns down for the 20 acres of former highway land under its control, known as The Link. more
Moody’s Investors Service issued a warning on April 17 regarding Rhode Island’s failure to reach a settlement with public employee unions over the state’s pension lawsuit, which will go trial on Sept. 15 following the breakdown in renewed mediation talks earlier this month. more
The R.I. Department of Revenue collected $10 million more in March than during the same month last year, driven by increased public utility and insurance company tax receipts as well as estate and transfer taxes, the department reported Monday. more
Bank of America Corp. and the New York Stock Exchange were among dozens of exchanges, brokerages and traders sued over high-frequency trading by the city of Providence over claims they rigged securities markets to divert billions of dollars from buyers and sellers of shares. more
Middletown-based Rite Solutions has an issue with companies that are no longer small being “grandfathered” in when it comes to competing for U.S. Department of Defense contracts. The 14-year-old company has 125 employees and specializes in submarine-combat-systems software development and does work mainly for the U.S. Navy. more
Providence is encouraging transit-oriented development in two neighborhoods most residents may not associate with transportation or potential growth. more
The Rhode Island taxi and car service markets were already in upheaval when pink mustaches began appearing on the grills of sedans weaving through Providence, signaling another new competitor for local transportation dollars. more
With her denial last week on the motion to dismiss the state-worker lawsuit filed to overturn changes made to public-employee pension plans, Superior Court Judge Sarah Taft-Carter has tipped her hand as to how the trial itself will go once it begins in September (hint: it looks like she will rule in favor of the unions). But more importantly, she has added fuel to the argument that the case should be shifted to federal court. more
General Treasurer Gina Raimondo said last week that it would be “catastrophic” for Rhode Island to lose the legal challenge over the state’s pension overhaul, The Associated Press reported. However, she has a ‘‘high degree of confidence’’ that won’t happen. more
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