Regulation
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Hospital Conversions Act passed in Senate
With the unanimous positive vote by the R.I. Senate on Monday evening, legislation changing the Hospital Conversions Act has been sent to the governor’s desk to be signed. more
Chafee replaces Vareika nomination on EDC board
Gov. Lincoln D. Chafee has nominated Peter Crowley – owner of Newport-based La Forge Casino Restaurant – for the R.I. Economic Development Corporation board of directors. more
| 6/8/12
R.I. sees 63% growth in high-income taxpayers
The number of high-income taxpayers in Rhode Island grew 63 percent from 1999 to 2009, according to a new report from The Tax Foundation. more
| 6/7/12
38 Studios declares bankruptcy as formal investigation begins
(Updated 6:00 p.m.) Former Red Sox pitcher Curt Schilling’s beleaguered video game company 38 Studios LLC has declared bankruptcy as a formal investigation of the company begins. more
| 6/7/12 | 1 comment
RIPEC: Mass. casinos are bad news for R.I. revenue
Casino gaming in the Bay State will likely negatively affect revenue for both Rhode Island’s casino operators and the state of Rhode Island itself, according to a new report from the R.I. Public Expenditure Council. more
| 6/7/12 | 2 comments
Avedisian signs Warwick’s FY13 budget
Mayor Scott Avedisian signed the city’s fiscal year 2013 budget, which was approved by a City Council majority late Monday. more
| 6/5/12
Report: Eliminating sales tax could foster job growth
Phasing out Rhode Island’s sales tax could create more than 21,000 new jobs, according to a new report by the R.I. Center for Freedom and Prosperity. more
Moody’s upgrades CVS outlook to ‘positive’
Moody’s Investors Service – a globally recognized rating agency – has upgraded the outlook of CVS Caremark Corp. from “stable” to “positive.” more
| 6/4/12
Woonsocket under review for downgrade, says Moody’s
Moody’s Investors Service – a globally recognized rating company – said that Woonsocket, which is currently rated at “B2,” is under review for a potential downgrade. more
NOAA may classify river herring as ‘threatened’
The National Oceanic and Atmospheric Administration is slated to begin a series of hearings later this month to determine if river herring qualify as a threatened species, according to the Gloucester Times. more
| 6/4/12 | 1 comment
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