Government
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Gov. Lincoln D. Chafee Tuesday rejected 38 Studios LLC founder Curt Schilling’s suggestion that Rhode Island sabotaged the beleaguered video game company and drove potential investors away with public comments about its potential demise. more
Rhode Island was ranked the worst state for business in the U.S. for the second year in a row on CNBC’s America’s Top State for Business 2012 report. more
In an interview on the Dennis & Callahan sports radio show on WEEI in Boston, former Red Sox pitcher Curt Schilling said that before his now-defunct videogame company 38 Studios LLC filed for bankruptcy, an investor pledged $15 million if Rhode Island agreed to renegotiate the loan - the state refused, according to The Boston Globe. more
If a federal minimum wage-hike goes into effect, Rhode Islanders could see a loss of up to 3,466 jobs, according to a report issued by the R.I. Center for Freedom and Prosperity. more
Carpionato Group wants to turn the former Providence Fruit & Produce Warehouse property on Harris Avenue into a surface parking lot, according to an application with city officials. more
Casino gaming in the Bay State will likely negatively affect revenue for both Rhode Island’s casino operators and the state of Rhode Island itself, according to a new report from the R.I. Public Expenditure Council. more
By raising the state minimum wage from $7.40 to $7.75, the General Assembly will make it even more difficult for teenagers to find jobs, according to a new report from the Rhode Island Center for Freedom and Prosperity. more
PBN: What is the No. 1 issue affecting Rhode Island and what would you do specifically to address it? more
(Updated, 4:25 p.m.) Building career pathways for the state’s high-growth industries will be a priority of the Governor’s Workforce Board from its Biennial Employment & Training Plan for fiscal years years 2014 and 2015 after the report found that there is no shortage of workers to fill positions except at the highest skilled occupational levels. more
Providence lawmakers - facing a $1 billion deficit and squeezed for cash - reformed pensions, ending automatic raises and capping annual payouts and joining a national insolvency fight over pensions. more
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