Home Economy

Economy

RHODE ISLAND'S Assistant Secretary for Health and Medicaid Director Patrick M. Tigue will depart his role Feb. 1 for the private sector. / COURTESY EXECUTIVE OFFICE OF HEALTH & HUMAN SERVICES

R.I. Director of Medicaid Tigue to depart in Feb.

PROVIDENCE – R.I. Medicaid Director and Assistant Secretary for Health Patrick M. Tigue will leave state employment for the private sector effective Feb. 1,...
GINA M. RAIMONDO signed an executive order Friday that commits the state to a goal of sourcing electricity from 100% renewable sources by 2030. / PBN FILE PHOTO/
MICHAEL SALERNO

Raimondo signs executive order to commit state to 100% renewable electricity...

PROVIDENCE – Gov. Gina M. Raimondo signed an executive order Friday that directs the Office of Energy Resources to conduct an energy-market analysis and...
U.S. JOB OPENINGS declined 561,000 to 6.8 million in November. / BLOOMBERG NEWS FILE PHOTO/MIKE FUENTES

U.S. job openings decreased in Nov. to almost 2-year low

WASHINGTON – United States job openings fell in November to the lowest level in almost two years, indicating more employers see headcounts sufficient enough...

Foolproof in talks to sell brewery

PAWTUCKET – Foolproof Brewing Co. has received an offer for a sale, with initial terms that would keep the brewery open and in production,...

Waterplace unit sells at top price

PROVIDENCE – A condominium at Waterplace sold recently for $1.2 million at $634 per square foot, the highest price ever paid on a per-square-foot...
MIXED-USE: Pictured in the rendering are an indoor sports center, a 200-room hotel and a conference center at the site of the former Apex building in Pawtucket as part of a $400 million mixed-use development by Fortuitous Partners. The project includes a 7,500-seat soccer stadium, which can be seen at the top right. / COURTESY NEW HARBOR GROUP

Developer behind $400M project in Pawtucket recruiting private investors

Brett Johnson is quickly becoming a household name in Pawtucket, thanks to his development company’s plans for a $400 million mixed-use project anchored by...

Big question in Pawtucket: What to do with McCoy Stadium?

Pawtucket and R.I. Commerce Corp. initially sought proposals for “McCoy Stadium and Pawtucket Downtown Development.” But the winning selection, Fortuitous Partners’ $400 million soccer...
TAX GUIDES: Anthony Scorpio speaks with Judith Giannini at Mullen Scorpio & Cerilli in Providence. The certified public accountants help small businesses apply new tax laws, such as the Qualified Income Business Deduction. / PBN PHOTO/MIKE SKORSKI

Deductions, depreciation are adding up for some small-business owners

Small-business owners in Rhode Island are taking advantage of tax credits and cuts first made available in 2018 but which are becoming more commonly...
WORLD VIEW: Kevin Papa, partner at Piccerelli, Gilstein & Co. LLP in Providence, has performed tax work for numerous foreign companies with interests in the U.S. / PBN PHOTO/ELIZABETH GRAHAM

Federal tax act may be enticing foreign firms

Nearly 2,220 foreign businesses operated in Rhode Island in 2017, according to data from the R.I. Secretary of State’s Office. But after the federal tax...

Be realistic on renewable energy

Gov. Gina M. Raimondo in her State of the State speech said she wants to make Rhode Island the first state in the country...
- Featured Event -

Latest News