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GOV. GINA M RAIMONDO will propose a $30 million increase in school funding and expanded job training in a budget she will release later this week. / PBN FILE PHOTO/MICHAEL SALERNO

Raimondo proposes funding boost for education, job training; expansion of tuition-free...

Government
PROVIDENCE – Gov. Gina M. Raimondo says she will propose a budget this week that boosts support for education and teacher training from pre-school through...
OWNERS OF SO-CALLED pass-through entities such as partnerships and limited liability companies have to file their businesses’ returns by March 15 - and still don’t have the final word from the Internal Revenue Service about who, exactly, qualifies for the 20 percent deduction on business income. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

Big tax break for business owners at risk as shutdown drags...

Government
NEW YORK - The longest government shutdown in United States history could cause tens of thousands of businesses to make a tough choice about whether...
REP. DAVID N. CICILLINE told Bloomberg News Friday that the antitrust laws and standards in the United States need modernization. / COURTESY DAVID N. CICILLINE

Cicilline: Antitrust standards need modernization

Government
NEW YORK - When Rep. David N. Cicilline, D-R.I., was approached at the beginning of the last Congress about becoming the ranking member of the...
A LAWSUIT in Superior Court seeks to overturn newly approved zoning that would allow the Hope Point Tower in Providence./COURTESY THE FANE ORGANIZATION.

Lawsuit filed over Hope Point Tower

Government
PROVIDENCE – A lawsuit has been filed against the City Council of Providence, the I-195 Redevelopment District Commission and developer Jason Fane that challenges...
S&P GLOBAL RATINGS has upgraded R.I. Commerce Corp.’s general airport revenue bonds issued for the R.I. Airport Corp. from BBB+ to A. / COURTESY R.I. AIRPORT CORP.

S&P upgrades bond ratings for RIAC

Government
PROVIDENCE – Standard & Poor’s Global Ratings has upgraded R.I. Commerce Corp.’s general airport revenue bonds issued for the R.I. Airport Corp. from BBB+...
THE IMPACT OF the partial government shutdown is expected to expand exponentially the longer the shutdown extends as federal agencies, without intervention, will run out of cash on hand or lose unpaid employees to staff integral positions. / BLOOMBERG NEWS FILE PHOTO/ELIJAH NOUVELAGE

The shutdown’s bad. Buckle up because it could get much worse

Government
NEW YORK - Airport security screeners could quit en masse, grounding flights. The federal courts could stop hearing civil cases. City buses could stop running.And...
R.I. HOUSING CEO and Executive Director Barbara Fields will exit her role following the expiration of her contract on March 1 to explore opportunities at a national level. / PBN FILE PHOTO/RUPERT WHITELEY

Barbara Fields to leave ED role at R.I. Housing in March

People
PROVIDENCE – R.I. Housing CEO and Executive Director Barbara Fields will step down from her role in March when her contract expires, R.I. Housing...

Federal Reserve System reports annual net income exceeding $63B

Government
PROVIDENCE – The Federal Reserve System’s estimated net income for 2018 is $63.1 billion, the Fed announced. The figure represents the combined profit of...
GENERAL DYNAMICS ELECTRIC BOAT plans to increasing staffing and suppliers in Rhode Island for the company's work on the U.S. Navy's next generation of nuclear-powered submarines./COURTESY GENERAL DYNAMICS ELECTRIC BOAT

General Dynamics Electric Boat: Full speed ahead on submarine work

Government
WARWICK – General Dynamics Electric Boat plans to add between 1,000 and 1,500 jobs in Rhode Island and grow its local network of suppliers...
THE SHUTDOWN of the Small Business Administration has paused approval of roughly $200 million in SBA-guaranteed loans per day since the agency was furloughed on Dec. 22, according to the Washington Post.

WaPo: Furlough of SBA affects over $200M in loans for small...

Government
PROVIDENCE – The partial federal shutdown has paused approvals of new U.S. Small Business Administration-backed loans, the Washington Post reported Friday.The Post said that...
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