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Adams tapped as vice chair of EDC board
Gov. Lincoln D. Chafee has nominated Jerauld C. Adams, owner of the Central Falls-based Hemphill Mill, as vice chair to the R.I. Economic Development Corporation board. more
| 6/27/12
Providence Chamber meeting focuses on solutions for small business
Poor unemployment figures and stumbling markets have made it difficult to stay in business in Rhode Island’s private sector, which is why the Greater Providence Chamber of Commerce hosted a brainstorming session with developers, marketing experts, entrepreneurs and academia members. more
R.I. personal income rises 0.8% in 1Q
Personal income in Rhode Island rose 0.8 percent from $46.3 billion during the fourth 2011 to $46.7 billion during the first quarter 2012, according to a new report from the U.S. Bureau of Economic Analysis. more
| 6/27/12
Wage gains prove elusive as U.S. elderly drive competition
About 74 percent of Americans say they plan to work past age 65, according to a May study by economists Jay Bryson and Sarah Watt of Wells Fargo Securities LLC in Charlotte, North Carolina. more
Covidien completes Oridion acquisition
Medical device maker Covidien PLC has completed its acquisition of Oridion Systems Ltd., the company announced Tuesday. more
| 6/27/12
Brown to benefit from $127M bond sale
Brown University will use a $127.4 million bond sale to renovate downtown property after agreeing in May to almost double annual payments to the city. more
EDC hires firm to investigate parties in 38 Studios deal
The R.I. Economic Development Corporation has hired Providence law firm Wistow & Barylick to pursue legal action against “third parties” connected with the 38 Studios LLC loan guarantee, Gov. Lincoln D. Chafee announced Tuesday. more
Construction jobs decline in Providence metro, across U.S.
Year over year in May, construction employment declined in 164 out of 337 metro areas, including the Providence-Fall River-Warwick metro, according to data released Tuesday by the Associated General Contractors of America. more
| 6/26/12
PBN garners award for 25th anniversary publication
Providence Business News took a silver award for its 25th anniversary special edition in the Alliance of Area Business Publications' 2012 Editorial Excellence Award program. more
| 6/26/12
PBS transitioning to community license
The Rhode Island Public Telecommunications Authority voted to begin the process of transitioning Rhode Island PBS from a state licensee to a community licensee. more
| 6/26/12
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