Local News
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(Updated, Aug. 4, 3:45 p.m.) GateHouse Media will not honor the collective bargaining agreements negotiated between the Providence Journal and A.H. Belo Corp. and may lay off as many as 40 Journal employees upon its purchase of the paper who will be covered by Belo’s severance policy, according to an asset purchase agreement filing with the U.S. Securities and Exchange Commission. more
Having invested all of its existing capital, Betaspring has decided to wait until spring 2015 to launch its next startup accelerator session as it seeks to raise new funding and focus on its current portfolio. more
The Lifespan health system announced a new tobacco use policy on Monday under which its employees who use tobacco products will pay a $600 annual surcharge to their medical benefits. more
Rhode Island’s capital city has it all – culture, attractive and quirky hipsters, good hamburgers, cool buildings, plenty of art … more
The Hotel Viking may soon have a new owner. LaSalle Hotel Properties, based in Maryland, announced this week that it has entered into a contract to sell the hotel for $77 million. more
WalletHub, the personal finance social network, released a study looking at the rates at which S&P 100 companies are taxed at the state, federal and international levels. more
Rhode Island added 1,200 more jobs than first reported for the second quarter of the year, according to revised figures put out by the R.I. Department of Labor and Training Thursday afternoon. more
Former Mayor Vincent A. “Buddy” Cianci Jr. said Wednesday he will run for the city’s top office again, this time as an independent. more
It’s back to square one for Rhode Island’s redevelopment of the former Shooters nightclub property in Providence. The R.I. Department of Environmental Management officially broke off talks May 1 with Bowl Arts LLC, the community group that had been hoping to build a concert and performing arts venue on the site. more
A total of more than $14.8 million in Rhode Island tax credits were granted in fiscal year 2014, according to the recently published Tax Credit and Incentive Report. more
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