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38 Studios

STANDARD & POOR'S RATING service said that the decision to openly consider defaulting on the bonds associated with 38 Studios LLC has not affected the rating of R.I. Economic Development Corporation revenue bonds.  / BLOOMBERG FILE PHOTO/SCOTT EELLS

Bond rating unaffected by 38 Studios loan debate, says S&P

REUTERS — Standard & Poor’s Rating Services announced Thursday that R.I. Economic Development Corporation revenue bonds issued for 38 Studios LLC, former Red Sox...
MOODY'S INVESTORS SERVICE is considering slashing Rhode Island's credit grade as state lawmakers debate defaulting on the $75 million brought on by the failure of 38 Studios LLC. / BLOOMBERG FILE PHOTO/TONY AVELAR

Rhode Island Schilling default talk spurs Moody’s watch for cut

BOSTON – Rhode Island may have its credit grade cut by Moody’s Investors Service after lawmakers debated defaulting on $75 million in debt that...
BLOOMBERG VIEW SPORTS COLUMNIST Jonathan Mahler talks about Curt Schilling's unfounded confidence in the 38 Studios project. / BLOOMBERG FILE PHOTO/SCOTT EELLS

Schilling’s delusions and Rhode Island’s regret

NEW YORK - The New York Times published an excellent account of how Curt Schilling bilked the taxpayers of Rhode Island out of millions...
ONE EMPIRE PLAZA, the brief home to 38 Studios LLC, could be a potential home for Roger Williams University's new downtown location. The school declined to identify any finalists but said the former 38 Studios building had "the proper square footage." / PBN FILE PHOTO/DAVID LEVESQUE

Roger Williams narrows search for home of new Prov. location

BRISTOL – Roger Williams University leaders have narrowed their search for a new downtown Providence branch to five locations and hope to recommend one...
CURT SCHILLING, founder of now-defunct videogame company 38 Studios LLC, has filed documents with R.I. Superior Court Judge Michael Silverstein asking for dismissal of the case against him and other 38 Studios executives by the R.I. Economic Development Corporation. / BLOOMBERG FILE PHOTO/SCOTT EELLS

Schilling seeks lawsuit dismissal

BOSTON – Former Red Sox pitcher Curt Schilling has filed court documents asking R.I. Superior Court Judge Michael Silverstein to throw out the state...
THREE MORE MEMBERS of the R.I. Economic Development Corporation's Board of Directors - (from left) Cheryl W. Snead, Jack Templin and David M. Dooley - have announced their intention to step down from the board of the quasi-state agency.

Three more EDC board members to step down

(Updated, Feb. 28, 11:45 a.m.) PROVIDENCE – Three more members of the R.I. Economic Development Corporation Board of Directors have announced their intention to step...
FORMER 38 STUDIOS LLC CEO Jen MacLean will start as the head of business development for Cambridge, Mass.-based fertility and pregnancy startup Ovuline next week. / COURTESY 38 STUDIOS

Former 38 Studios CEO to run Ovuline business development

BOSTON – Jen MacLean, the former CEO of now-defunct 38 Studios LLC, has been tapped as the head of business development for Cambridge, Mass.-based...
FORMER RED SOX PITCHER Curt Schilling's infamous bloody sock from the 2004 World Series will head to auction next month. / BLOOMBERG FILE PHOTO/JON MAHONEY

Schilling’s bloodstained 2004 World Series sock to be auctioned

NEW YORK - The bloodstained sock worn by former Boston Red Sox pitcher Curt Schilling during the 2004 World Series will be put up...
AS 2012 ENDS, PROVIDENCE Business News takes a look back on the biggest news stories of the yaer.

The biggest R.I. stories of 2012

PROVIDENCE – It has been an exciting, if tumultuous, year in the Ocean State. As 2012 comes to a close, Providence Business News notes...

Incentives face scrutiny in G.A.

Business incentives and tax breaks were in the spotlight in the past year and will almost certainly be again in 2013. 38 Studios LLC’s failed...
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