Hot Topics
61 results total, viewing 51 - 60
Gov. Lincoln D. Chafee said Friday afternoon that 38 Studios LLC was back in default on its $75 million loan guarantee deal with the state for violating labor laws governing mass layoffs. more
At least one Rhode Island company is trying to find a landing place for laid off 38 Studios workers, as a recruiter from Atrion Networking Corp. of Warwick is at the troubled video game developer talking to former employees about openings at the IT services company. more
(Updated, 7:19 p.m.) Former Red Sox pitcher Curt Schilling's video game company has laid off its entire staff in the wake of financial difficulties, according to multiple media reports. more
CVS Caremark Corp. Executive Vice President Helena B. Foulkes resigned as vice chairwoman of the R.I. Economic Development Corporation Board of Directors Thursday as continued controversy over the handling of 38 Studios LLC’s $75 million loan guarantee wracks the quasi state agency. more
Moody’s Investors Service – a globally recognized rating company – affirmed the ‘A2’ rating on 38 Studios’s bonds since the bonds’ “stable” outlook is based on the state’s moral obligation pledge, which high-ranking Rhode Island officials say they intend to honor. more
38 Studios LLC, the teetering video game company of former Red Sox pitcher Curt Schilling, could be ineligible for million in state tax credits because the firm is incorporated in Delaware, not Rhode Island. 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
(Updated, 6:30 p.m.) Gov. Lincoln D. Chafee on Wednesday said the apparent departure of two of 38 Studios’ top executives – CEO Jen MacLean and Senior Vice President of Product Development John Blakely – "is not good news" for the struggling video game company. more
Michael Pachter, managing director of equity research at Los Angeles-based Wedbuch Securities told gaming-publication Joystiq that 38 Studios' intellectual property is worth only $20 million. more
Several 38 Studios employees attended a Providence recruiting event by video game-creator Turbine Inc., according to WPRI-TV CBS 12. more
« Prev | 1 | 2 | 3 | 4 | 5 | 6 | 7 Next »
Calendar
PBN Hosted
Events
Advertisement
National
Local
Latest News