Politics
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Chafee picks Valois for second go-round to lead EDC
Gov. Lincoln D. Chafee Monday nominated Marcel A. Valois, former executive director of the R.I. Economic Development Corporation, to take over leadership of the quasi-state agency again. Valois previously led the EDC under then Gov. Lincoln Almond in the 1990s. more
| 4/8/13
Raimondo scored on investing, transparency by Forbes blogger
NEW YORK – General Treasurer Gina M. Raimondo is taking heat from a new source for her efforts related to the state workers’ pension system, but the criticism is not coming from a local source. … more
| 4/5/13
Report: Minimum wage hike would cost R.I. jobs
If a federal minimum wage-hike goes into effect, Rhode Islanders could see a loss of up to 3,466 jobs, according to a report issued by the R.I. Center for Freedom and Prosperity. more
| 4/4/13 | 2 comments
FedEx joins CVS in pressing Congress for corporate tax cut
Top executives from 18 large U.S. companies, including FedEx Corp., CVS Caremark Corp. and Boeing Co., are trying to keep up pressure on Congress to cut corporate tax rates. more
Taveras outlines economic development plan
At a press conference on Wednesday, Mayor Angel Taveras outlined a 20-step economic development action plan to “put Providence residents back to work and jump-start the economy of Rhode Island’s capital city.” more
| 3/27/13 | 1 comment
Boehner declaring no debt crisis revealed in household loans
The bear market in bonds is being delayed by Americans socking away money at 50 times the rate at which they take on debt to buy houses, cars and other items. more
Hagel pressed to add East Coast missile defense, would aid Raytheon
Defense Secretary Chuck Hagel should include funds in the Pentagon’s next budget request to start work on a U.S. East Coast site for 20 anti-missile interceptors as a defense against Iran, House Republicans said. more
Providence gets 30% bonus curbing $109,000 retirees
Providence was so close to running out of cash a year ago that it couldn’t pay for tires on police cars. This month, Wall Street lined up to lend to Rhode Island’s capital, shrinking … more
U.S. stock futures drop as Cyprus bank levy renews euro concern
U.S. stock-index futures fell as euro-area leaders imposed a levy on Cypriot bank deposits to cut the cost of a bailout, sparking concern the measure may one day be used in the bigger economies of Spain or Italy. more
Judge rules Providence pension settlement fair
Superior Court Associate Justice Sarah Taft-Carter has issued a ruling that Providence’s pension settlement is “fair, reasonable and adequate,” according to a statement released today by Providence Mayor Angel Taveras. more
| 3/11/13
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