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The Rhode Island Hospitality Association on Wednesday hailed a new restaurant industry forecast from the National Restaurant Association that projects growth of 2.3 percent in sales this year in the Ocean State. more
Gov. Lincoln D. Chafee proposed an $8.5 billion fiscal 2015 budget on Wednesday that freezes tuition at public colleges and extends the state historic-tax-credit program. Chafee delivered the budget proposal along with his final State-of-the-State address that focused on education and infrastructure. more
Rhode Island ranked a dismal 46th on a ranking of the best and worst states for business, according to Forbes. more
Rhode Island Housing has awarded preliminary approval for $1.9 million in tax credits to two development projects that will collectively create 107 new homes in Providence. more
Utilidata Inc. will deploy its AdaptiVolt automated voltage and VAR optimization system on National Grid’s electric distribution circuits in Rhode Island for a pilot test of the technology, the company announced Jan. 22. more
South County Hospital, Blue Cross & Blue Shield of Rhode Island and South County Orthopedics have entered a bundled payment agreement for hip and knee replacements. more
(Updated 2:10 p.m.) A press conference expected to publicize details of a proposed settlement of the state’s pension battle with public employee unions was abruptly canceled early Wednesday morning at the joint request of state and union attorneys, according to the Federal Mediation and Conciliation Service. more
MedMates, a health care technology network created to encourage collaboration within and strengthen Rhode Island’s health-tech ecosystem, will hold its first event of the year on Thursday to bring together early stage startups with industry mentors. more
The Rhode Island Business Plan Competition will offer insights on how to structure a business plan at a Feb. 13 workshop. more
Coastway Bancorp, the parent company of Coastway Community Bank, became a publicly traded company today, listed on the Nasdaq exchange under the symbol CWAY. The bank offering of $48.3 million in stock is listed at $10 per share. more
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