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Defense spending in R.I. up 37% since 2003
Federal defense and homeland security contracts in Rhode Island have grown 37 percent to $472 million since 2003, according to a new report from the University of Massachusetts’ Donahue Institute. more
38 Studios tells court it missed sales goal
In a reversal of public statements made in the wake of the revelations of its financial difficulties, executives of 38 Studios LLC told U.S. Bankruptcy Court in Delaware that its its first product, the video game “Kingdoms of Amalur: Reckoning,” did not meet its sales expectations. more
| 7/10/12
PBN names Healthiest Employers winners
Providence Business News has announced the winners of its newest event, Healthiest Employers, which recognizes companies – large and small – that have health and wellness initiatives and believe in encouraging employees to adapt healthy lifestyles. more
| 6/29/12
PBN honors Fastest-Growing & Innovative Companies
Providence Business News has announced the winners of its newest event, Fastest-Growing & Innovative Companies. The top five fastest-growing companies in three size categories have been announced, as have the most innovative companies in each of nine industry categories. more
| 8/24/12
38 Studios declares bankruptcy as formal investigation begins
(Updated 6:00 p.m.) Former Red Sox pitcher Curt Schilling’s beleaguered video game company 38 Studios LLC has declared bankruptcy as a formal investigation of the company begins. more
| 6/7/12 | 1 comment
Chamber pulls out of EDC marketing deal
The Greater Providence Chamber of Commerce has pulled out of a planned partnership with the R.I. Economic Development Corporation to lure out-of-state, knowledge-based companies to … more
GoGo Cast acquires mobile developer, to add jobs in R.I.
GoGo Cast Inc., provider of digital signage and branded content in public spaces, has acquired the assets of Dingo Mobile Inc., a Canadian developer of social media-based applications for marketing purposes. more
| 7/23/12 | 1 comment
Warwick reaches agreement with Fire, Police
The city of Warwick has reached new, three-year contracts with the city’s fire and police unions, Mayor Scott Avedisian announced Monday. more
| 7/3/12
RIPEC: Mass. casinos are bad news for R.I. revenue
Casino gaming in the Bay State will likely negatively affect revenue for both Rhode Island’s casino operators and the state of Rhode Island itself, according to a new report from the R.I. Public Expenditure Council. more
| 6/7/12 | 2 comments
Providence breaks $700,000 pension link joining nationwide insolvency fight
Providence lawmakers - facing a $1 billion deficit and squeezed for cash - reformed pensions, ending automatic raises and capping annual payouts and joining a national insolvency fight over pensions. more
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