Politics
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Report: Minimum wage bump will cost 200 jobs
By raising the state minimum wage from $7.40 to $7.75, the General Assembly will make it even more difficult for teenagers to find jobs, according to a new report from the Rhode Island Center for Freedom and Prosperity. more
| 6/18/12 | 2 comments
38 Studios claims state withheld funds from ‘negotiated deal’
Former Red Sox pitcher Curt Schilling’s bankrupt video game company, 38 Studios LLC, claimed that the state of Rhode Island refused to honor a “fully negotiated deal and agreement” to give the company funding from film tax credits, reported The Boston Globe. more
| 6/18/12 | 1 comment
Budget contains $1M for health information exchange
The state budget passed by the General Assembly contains more than $1 million in funds for currentcare, Rhode Island’s statewide health information exchange being developed under the direction of the Rhode Island Quality Institute. more
CEOs losing optimism on jobs slowdown
U.S. chief executive officers are turning more pessimistic about a second-half recovery as rising unemployment and Europe’s debt turmoil threaten domestic growth prospects. more
Chafee to allow amended hospital bill to become law
Gov. Lincoln D. Chafee announced Friday afternoon that he would allow the legislation changing the Hospital Conversions Act to become law without his signature. more
DLT awarded $1.7 from Labor Department
The U.S. Labor Department awarded the R.I. Department of Labor and Training a $1.7 million grant from the Workforce Innovation Fund, Secretary of Labor Hilda L. Solis announced Thursday. more
| 6/15/12
RBS sues Schilling over 38 Studios loan
RBS Citizens has sued former Red Sox pitcher Curt Schilling for $2.4 million to recover the loans made to Schilling’s defunct video game company, 38 Studios LLC, The Boston Globe reported. more
| 6/14/12
Woonsocket faces receivership
Woonsocket is facing possible receivership after state lawmakers and Gov. Lincoln D. Chafee failed to agree on a supplemental tax package to repair the city’s finances before the end of this year’s legislative session Tuesday night. more
Mattiello is featured SBANE speaker
The Smaller Business Association of New England will be holding its networking breakfast on Wednesday, June 6, 2012, at the Crowne Plaza Hotel Providence-Warwick, Warwick. more
38 Studios is an unwelcome legacy
There are many things that the Ocean State would like to be known for – Newport’s mansions, stuffies, Waterfire, Trinity Rep. But the odds are long against the supposition that we want to be known as the home and final resting place of 38 Studios LLC. And yet, that seems to be Rhode Island’s fate. more
6/11/12
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