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R.I., Calif.: top jobless rates in January
Rhode Island and California posted preliminary, seasonally adjusted unemployment rates of 9.8 percent in January, the highest in the nation and significantly higher than the U.S. figure of 7.9 percent. more
| 3/18/13 | 2 comments
‘Superman’ owner seeks up to $75M in public financing
The owner of the Industrial Trust Tower in downtown Providence is asking for up to $75 million in public financing to transform the historic office building into apartments. more
Will aid revive R.I. fishery?
Ever-wary local fishermen welcome the Sept. 13 U.S. Department of Commerce declaration of the New England groundfish fishery as a national disaster, but they wonder if any federal money that follows to Rhode Island will get to those who need it before it’s too late. more

By Michael Souza
PBN Staff Writer | 9/24/12 | 2 comments

Calls grow for national search for EDC director
The last time Rhode Island went national in its search for a chief economic-development executive, it offered an Arizona business consultant $250,000 per year, plus a car, to lead the state out of the financial crisis. more

By Patrick Anderson
PBN Staff Writer | 2/25/13 | 2 comments

EDC: America’s Cup economic impact tops $38M for R.I. businesses
(Corrected, 2:45 p.m.) The Ocean State is perfectly-positioned and well-prepared to host high-profile marine events based on the success of the America’s Cup races in Newport last summer, according to a report from the R.I. Economic Development Corporation. more
R.I. exports rise 9.1% in November
Exports from the Ocean State rose 9.1 percent in November to $195.9 million on a month-to-month, seasonally adjusted basis after rising 1.4 percent in October, according to an international trade statistics report from e-forecasting.com. more
| 2/1/13 | 1 comment
Report: R.I. small businesses ‘crucial’ to state’s economy
Small businesses in Rhode Island represent 95.9 percent of all employers and employ 55.4 percent of the state’s private sector workforce, according to a report from the U.S. Small Business Administration. more
| 2/15/13 | 1 comment
Fix the EDC for sake of R.I.’s economy
In yet another sign that Rhode Island has driven itself into a ditch, three more members of the board of directors of the R.I. Economic Development Corporation have begged off serving on the board anymore, leaving the 13-member board temporarily with five members, plus the nonvoting Gov. Lincoln D. Chafee. more
3/4/13 | 1 comment
Editorial Cartoon: Branching Out
“One employees tells other employee “Don’t go too far out on a limb – he’11 send you to a branch office.” more
3/4/13 | 1 comment
Three more EDC board members to step down
(Updated, Feb. 28, 11:45 a.m.) Three more members of the R.I. Economic Development Corporation Board of Directors have announced their intention to step down, bringing to eight the number who have left or asked off the board since last spring. more
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