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House leaders on Thursday unveiled a package of economic-development bills designed to improve the state’s business climate by replacing the Rhode Island Economic Development Corporation, creating an Executive Office of Commerce to coordinate state business services and bringing back a tax-credit program designed to develop historic properties. more
PROVIDENCE – Property-tax rates for homeowners would rise with rates for businesses holding flat under a $663 million fiscal 2014 budget proposed by Mayor Angel Taveras Thursday. The spending … more
Capital Properties Inc. reported a 33.5 percent drop in profit to $340,000, or 5 cents per share, during the first quarter of 2013 compared with earnings of $511,000, or 8 cents per share, during 2012. more
Joseph L. Dowling III has been named the new chief investment officer at Brown University effective June 2013, the school announced Thursday. more
In partnership with the National Association of Community Health Centers, CVS Caremark Corp.’s CVS Caremark Charitable Trust has announced the 21 recipients of the “Innovations in Community Health” grants. more
The New York Times published an excellent account of how Curt Schilling bilked the taxpayers of Rhode Island out of millions of dollars to subsidize his now-defunct company, 38 Studios LLC. Unfortunately, there was something missing from the story: Schilling himself, who declined to speak to the reporter. more
Brookline Bancorp Inc. – the parent company of Bank Rhode Island – saw its bottom line rise 38.8 percent during the first quarter of 2013, the bank announced Thursday. more
Rhode Island local private nonprofits in need of a U.S. Small Business Administration loan to cover physical damages from Feb. 8 - 9 snowstorms must apply before the May 21 deadline, according to the SBA. more
Passenger traffic at T.F. Green Airport rose 4.6 percent in March compared with March 2012 to 335,578, according to numbers released Thursday by the R.I. Airport Corporation. more
Three Brown University Professors – David Cane, Rose McDermott and Walter Strauss – have been elected to the American Academy of Arts and Sciences, the school announced Wednesday. more
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