Politics
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MBTA needs more funding to stave off fare hikes, service cuts
Officials from the Massachusetts Bay Transit Authority need to balance their budget, but they plan to wait until at least March before increasing fares and establishing service cuts in hopes of an increase in funding, reported Boston.com. more
| 12/27/12
The biggest R.I. stories of 2012
It has been an exciting, if tumultuous, year in the Ocean State. As 2012 comes to a close, Providence Business News looks back on the biggest news stories of the year. more
Nonunion employers can’t ignore Obama’s NLRB
Most nonunion employers understandably pay relatively little attention to the National Labor Relations Board’s decisions and regulations. The NLRB administers the National Labor Relations Act and most often decides cases involving attempts to form a union or conduct of an employer dealing with its employees’ union. more
1/7/13
Pawtucket to form charter review commission
The city of Pawtucket is planning to form a Charter Review Commission, which will review the governing document of the city and make recommendations for potential changes, Mayor Donald R. Grebien announced. more
| 12/31/12
Pension Reform
1/7/12
Taveras: Providence is ‘recovering’
When Providence Mayor Angel Taveras delivered his State of the City Address this time last year, the city was $22 million short of closing a $110 million structural deficit, and it needed to find a … more
U.S. stocks little changed after S&P 500 reaches 5-year high
U.S. stocks were little changed, after the Standard & Poor’s 500 Index climbed to a five-year high, as European leaders met to discuss the region’s crisis and investors awaited President Barack Obama’s speech on his legislative priorities. more
U.S. stock futures decline on China data, federal spending cuts
U.S. stock-index futures declined as growth slowed in China’s services industry and American lawmakers signaled federal spending cuts will continue for weeks before they can reach a budget resolution. more
Schilling seeks lawsuit dismissal
Former Red Sox pitcher Curt Schilling has filed court documents asking R.I. Superior Court Judge Michael Silverstein to throw out the state of Rhode Island’s lawsuit against him and others at now-defunct videogame company 38 Studios LLC, reported The Boston Globe. more
| 3/5/13
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
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