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SPURRING REDEVELOPMENT: Pictured above is the former Apex department store in Pawtucket. The city could benefit from a new law that aligns tax-increment financing authority in the city to newly created federal opportunity zones, which would allow the city to finance public infrastructure improvements to facilitate ­redevelopment.
 / PBN FILE PHOTO/ARTISTIC IMAGES

TIF expanded to Pawtucket opportunity zones

A new law that aligns tax-increment financing authority in Pawtucket to newly created federal opportunity zones is seen by lawmakers as having the potential...

Lining up for next windfall

In November 1998, Rhode Island was part of a historic settlement with the tobacco industry to pay for the health care costs of smoking...
ONLINE PRESENCE: Auctioneer Travis Landry takes bids from the crowd, as well as online, during an auction at the Bruneau & Co. Auctioneers gallery in Cranston. Gallery owner and President Kevin Bruneau said most of their auctions feature online bidders from around the world competing with live audiences, pulling in up to 10,000 additional bidders who check in on auctions periodically. / PBN PHOTO/MICHAEL SALERNO

Auctions cater to changing ages, tastes

There were a few empty chairs at the June 8 antiques and fine arts auction at Bruneau & Co. Auctioneers gallery in Cranston, which...
A JUDGE HAS cleared Peter M. Cannava, Wells Fargo lead banker on the $75 million in bonds for the video game company 38 Studios, of all charges related to an SEC complaint arguing that the R.I. Economic Development Corp. (predecessor to the R.I. Commerce Corp.), EDC officials, Wells Fargo and Cannava defrauded investors in the issuance of the bonds. Cannava was the only defendant not to settle with the SEC.

Judge rules in favor of Wells Fargo banker in 38 Studios...

PROVIDENCE – Peter M. Cannava, the lead banker on the bonds for 38 Studios at Wells Fargo, has had claims alleging that he aided...
A FEDERAL JUDGE issued preliminary approval to a settlement between the St. Joseph Health Services of Rhode Island Retirement Plan and CharterCARE Community Board, St. Joseph Health Services of Rhode Island and Roger Williams Hospital. Attorney Stephen Del Sesto is the court-appointed receiver for the St. Joseph pension plan. / PBN FILE PHOTO/MICHAEL SALERNO

St. Joseph pension plan $12M settlement with some defendants get preliminary...

PROVIDENCE – A settlement between Stephen Del Sesto, receiver and administrator of the St. Joseph Health Services of Rhode Island Retirement plan, and CharterCARE...
THE R.I. SUPREME COURT affirmed a decision that upheld Cranston Mayor Allan W. Fung's pension reforms for public safety workers. The city had settled with most members of the pension plan, but a group of pension members opted out and continued litigation against the city. / PBN FILE PHOTO/MICHAEL SALERNO

Was the R.I. Supreme Court right to side with Cranston in...

Nearly three years after R.I. Superior Court ruled in favor of Cranston in its bid to sharply curtailed cost-of-living adjustments for police and firefighter...
THE R.I. SUPREME COURT affirmed a decision that upheld Cranston Mayor Allan W. Fung's pension reforms for public safety workers. The city had settled with most members of the pension plan, but a group of pension members opted out and continued litigation against the city. / PBN FILE PHOTO/MICHAEL SALERNO

R.I. Supreme Court sides with Cranston over public safety retirees in...

PROVIDENCE – The R.I. Supreme Court ruled in favor of Cranston in a long-standing legal battle over frozen pension benefits filed by a group...
LEGISLATIVE RECEPTION: Lobbyist George Zainyeh, left, speaks with Northern Rhode Island Chamber of Commerce President and CEO John Gregory, center, and Robert Wheeler, owner of dog day care center Friends of Toto in Pawtucket, during the Rhode Island Chamber of Commerce Coalition’s annual legislative reception at the Statehouse on March 26.  
 / PBN PHOTO/MICHAEL SALERNO

Does Rhode Island have too many chambers of commerce?

Perhaps all you need to know to answer the question is that in a state of 1 million people and 39 municipalities, there are...

Legislation shows a lack of courage in General Assembly

As they say, timing is everything. And in this case, it’s just a little scary.On April 29 General Treasurer Seth Magaziner issued a report...
THERE WERE SIX responses to an RFP for the redevelopment of McCoy Stadium and development of downtown Pawtucket. / COURTESY R.I. COMMERCE CORP.

Commerce receives 6 proposals for McCoy redevelopment/downtown Pawtucket

PAWTUCKET – The R.I. Commerce Corp. received six proposals for the reuse of McCoy Stadium and the redevelopment of downtown Pawtucket, Commerce RI announced...
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