Updated December 7 at 12:07pm
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(Updated 5:18 p.m.) Officials said there will be no criminal charges filed as a result of an investigation into 38 Studios LLC. A press conference was held Friday afternoon at state police headquarters to report findings of the criminal investigation into the failed video game venture by former Boston Red Sox pitcher Curt Schilling that left taxpayers on the hook for a $75 million loan guarantee. more
A R.I. Superior Court judge this week decided to postpone the civil suit regarding 38 Studios LLC, as several pretrial motions are still pending. more
Rhode Island’s $7.7 billion pension fund terminated investments in seven hedge funds, including Brevan Howard Asset Management and Och-Ziff Capital Management Group LLC, after voting last month to cut its allocation in half over two years. more
Nearly 500 attendees at the Northern Rhode Island Chamber of Commerce annual dinner received both a quick pep talk from Gov. Gina M. Raimondo and assurances from Pawtucket Red Sox Chairman Larry Lucchino that the team was re-committing itself to minor league baseball in Pawtucket. more
Stories about lawsuits, free Dunkin’ Donuts coffee, cybersecurity and the Pawtucket Red Sox were among the most-read news stories on PBN.com in 2015, according to Google Analytics. more
New overtime pay requirements take effect Dec. 1, and though they were announced in May by the U.S. Department of Labor, there's still plenty of confusion among local employers about how to apply the changes. According to the agency, … more
(Updated 10:10 a.m. and 12:39 p.m.) The R.I. Commerce Corp. said Tuesday that it has agreed to a $25.6 million settlement with two more defendants in the ongoing 38 Studios LLC civil lawsuit. more
First Southwest Co., a financial planning company, on Monday filed an objection to a $25.6 million settlement between the state and two other defendants in the ongoing civil lawsuit related to 38 Studios LLC. more
PROVIDENCE – The R.I. Commerce Corp. has agreed to a $25.6 million settlement with two more defendants in the ongoing 38 Studios LLC civil lawsuit. The proposed settlement is between Commerce RI, formerly known as the R.I. Economic … more
A first tenant has opened for business at the Marine Commerce Terminal in New Bedford, and it's in the business of exporting something very familiar to Rhode Islanders. Scrap metal: the commodity New England waterfronts can't seem to get … more
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