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Chris Bergenheim

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THE MEDIAN price of a single-family home in Rhode Island increased 3.3% year over year to $299,500 in June/ BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

R.I. median home price lingers around $300K in June

PROVIDENCE – The median price of a single-family home in Rhode Island increased 3.3% year over year to $299,500 in June, according to the...
RIDOT HAS submitted a "major amendment" to the Statewide Transportation Improvement Program, increasing projected funding by $358.7 million over 10 years, a 6% increase. / COURTESY R.I. DEPARTMENT OF TRANSPORTATION

RIDOT amending transportation plan, expects spending to grow $358.7M over 10...

PROVIDENCE – The R.I. Department of Transportation has submitted an amended Statewide Transportation Improvement Program plan, which includes a projected spending increase of $358.7...
AN AMENDMENT TO flood-prone area zoning laws related to the elevation of homes above flooding projections has reined in potential massive height variances for new homes. It is expected to result in more-resilient homes being built in Rhode Island. This home in North Kingstown along Narragansett Bay was built with the idea that flood waters could flow through the bottom floors without disturbing living space above. / PBN FILE PHOTO/MICHAEL SALERNO

Legislation alters flood-area zoning height exemptions

PROVIDENCE – Among the bills signed into law by Gov. Gina M. Raimondo following the most recent legislative session, one included a zoning ordinance...
A MIXED-USE DEVELOPMENT that includes a deep-water port and an amphitheater has been proposed in East Providence along the Providence River. / COURTESY RI WATERFRONT ENTERPRISES

East Providence plans amphitheater for land next to Bold Point Park

EAST PROVIDENCE – An amphitheater has been proposed for the area next to Bold Point Park. Live Nation Entertainment and RI Waterfront Enterprises LLC,...
THE RHODE ISLAND unemployment rate declined 0.4 percentage points year over year in June to 3.6%. / COURTESY R.I. DEPARTMENT OF LABOR AND TRAINING

R.I. unemployment lowers to 3.6% in June

PROVIDENCE – Unemployment for Rhode Islanders declined 0.4 percentage points year over year to 3.6% in June, according to the R.I. Department of Labor...
TEXTRON, maker of airplanes and helicopters, among other products, reported net income of $217 million in the second quarter of 2019, a 3.1% yearr-over-year decline. / COURTESY TEXTRON

Textron reports $217M in Q2

PROVIDENCE – Textron Inc. reported a profit of $217 million in the second quarter of 2019, or 93 cents per diluted share, a 3.1%...
AHOLD DELHAIZE USA Retail Buisness Services' Infinity Fresh Kitchen has purchased Taylor Farms' yet-to-be-launched food-processing facility and hired Taylor Farms to manage the operation.

Ahold Delhaize company purchases yet-to-be-launched food-processing plant at Quonset

NORTH KINGSTOWN – Infinity Fresh Kitchen, an Ahold Delhaize USA company, has purchased a food-processing facility at Quonset Business Park at 320 Commerce Park...
A RENDERING of a potential redevelopment for the casino property in Kansas City that Twin River has entered into an agreement to acquire. / COURTESY TWIN RIVER WORLDWIDE HOLDINGS

Twin River enters into agreement to purchase casinos in Miss., Mo.

PROVIDENCE – Twin River Worldwide Holdings Inc. announced Thursday that it has entered into a definitive agreement to acquire two casinos for $230 million...
RHODE ISLAND ranked as the No. 27 best state to retire by Bankrate.com this week. / BLOOMBERG NEWS FILE PHOTO/MICHELE LIMINIA

R.I. ranks No. 27 in best and worst states for retirement...

PROVIDENCE – Rhode Island ranked as the No. 27 best state for retirement by BankRate.com on Wednesday.The report considered 11 metrics related to affordability,...
SEVERAL NEW STATE TAX rules are now in effect.

DOR outlines state tax changes now in effect

PROVIDENCE – The R.I. Department of Revenue outlined Wednesday the state tax changes that have gone into effect in 2019.The changes include increases on...
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