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PIER 1 IMPORTS has filed for bankruptcy. / BLOOMBERG NEWS /LUKE SHARRETT

Pier 1 files for bankruptcy, seeking time to sell troubled chain

NEW YORK – Pier 1 Imports Inc. filed for Chapter 11 bankruptcy protection to facilitate a company sale after the retailer of eclectic home...
A NEW REPORT found that Rhode Island's forest supported businesses that employed 4,800 workers in the state in 2016. / COURTESY AUDUBON SOCIETY OF RHODE ISLAND

Report highlights value of R.I. forests, proposes more conservation

PROVIDENCE – Rhode Island’s forests support 500 firms and 4,800 jobs in the forestry and woods-products sectors and generated an economic impact of $715...
THE AVERAGE PRICE of regular gas in Rhode Island declined 3 cents from last week to $2.46 per gallon. / BLOOMBERG FILE PHOTO/PAUL THOMAS

R.I., Mass. gas prices tick down 3 cents from last...

PROVIDENCE – The average price of self-serve, regular unleaded gasoline declined 3 cents to $2.46 per gallon, 3 cents above the United States average...
THE CONDOMINIUM at 426 Spring St., Unit 204, in Newport has sold for $815,000. / COURTESY HOGAN ASSOCIATES

Newport condo sells for $815K

NEWPORT – A Spring Street condominium has sold for $815,000, Hogan Associates announced on Monday. The sale of Unit 204 at 426 Spring St. was...

Bill would add R.I. to group of states willing to pay...

PROVIDENCE – Legislation filed at the end of January would add Rhode Island to a proposed multistate compact that aims to offer large sums...
REP. MARVIN L. ABNEY, at left, has proposed a bill, recently passed by the House, that wold broaden the state’s motion picture tax credit program, in an effort to attract larger films and documentary productions. At right is Speaker Nicholas A. Mattiello. / PBN FILE PHOTO ELI SHERMAN.

Motion picture tax credit changes proposed to attract larger films

PROVIDENCE – The R.I. House has approved a bill that would broaden the state’s motion picture tax credit program, in an effort to attract...
LOS ANDES LLC has been ordered to pay $775,000 related to a Department of Labor complaint alleging that the company failed to pay overtime wages between October, 2013 and October 2016.

Los Andes ordered to pay $775K over alleged overtime pay violations

PROVIDENCE – Los Andes LLC, doing business as Los Andes Restaurant, must pay $775,000 to the U.S. Department of Labor for violations of overtime...
THE UNEMPLOYMENT RATE among Americans aged between 22 and 27 who recently earned a Bachelor’s degree or higher was 3.9% in December - about 0.3 percentage point above the rate for all workers. / AP FILE PHOTO/SETH WENIG

In hot U.S. jobs market, half of college grads are missing...

WASHINGTON – Millions of Americans are seeing little return from their expensive college degrees - even in today’s hot jobs market. For the first time...
VOTING WILL begin in Rhode Island for the 2018 primary election on Wednesday. / BLOOMBERG NEWS FILE PHOTO/PATRICK T. FALLON

Are you engaged in the 2020 presidential primaries and caucuses?

The Iowa caucuses and New Hampshire presidential primaries are in the books. Up next is Nevada’s Democratic caucus on Feb. 22. Massachusetts primaries are on...

The 903 Residences now 50% sold

PROVIDENCE – The transformation of the 903 Residences from apartment to condo building is at its halfway point. Mott & Chace Sotheby’s International Realty, the...
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