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Superior Court Associate Justice Sarah Taft-Carter has ordered the parties involved in the state pension reform litigation into mediation, the R.I. Judiciary announced Tuesday. more
The R.I. Economic Development Corporation, plagued by inefficiency and lack of direction, should be brought under direct control of the governor’s office and a new state commerce agency, the Rhode Island Public Expenditure Council recommended in a report on the quasi-state agency released Tuesday. more
It has been an exciting, if tumultuous, year in the Ocean State. As 2012 comes to a close, Providence Business News looks back on the biggest news stories of the year. more
Monday evening, the Warwick City Council unanimously approved three contracts with the city’s municipal employee, police and firefighters’ unions. more
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
Bargain hunters spent $180,000 scooping up office furnishings and video-game equipment formerly belonging to 38 Studios LLC at the company’s Maryland bankruptcy auction last week, the court-appointed receiver in the case announced Thursday. more
The R.I. Economic Development Corporation and Bank of New York Mellon Trust Co. won court approval to take possession of assets of 38 Studios LLC, the bankrupt video-game maker founded by former Boston Red Sox pitcher Curt Schilling. more
Former R.I. Economic Development Corporation Executive Director Keith W. Stokes has joined The Mayforth Group, the Providence-based consulting firm announced Wednesday. more
According to the Pew Center report - “The Widening Gap Update” – Rhode Island’s management of its long-term liabilities for pensions and retiree health care were cause for “serious concern.” more
Richard J. Land, an attorney with Chase Ruttenberg & Freedman LLP, has been appointed state receiver in the 38 Studios LLC bankruptcy case, Gov. Lincoln D. Chafee announced Thursday. more
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