Home Economy Hot Topics

Hot Topics

THE R.I. SUPREME COURT has ruled that materials related to the grand jury investigation of the 38 Studios debacle shall remain sealed.

R.I. Supreme Court rules 38 Studios grand jury materials to remain...

PROVIDENCE – The R.I. Supreme Court ruled that grand jury materials in the 38 Studios investigation should remain sealed in a decision issued on...
A RENDERING of a proposed soccer stadium and related developments around Pawtucket's waterfront. / COURTESY R.I. GOVERNOR'S OFFICE

Is professional soccer popular enough in this area to support a...

A $400 million Pawtucket development project that includes a soccer stadium has the backing of state and city political leaders, in part due to...

WJAR: McCoy Stadium plans to be announced Monday

PROVIDENCE — State and local officials are expected to announce Monday afternoon plans regarding the future of McCoy Stadium, WJAR-TV NBC 10 reported Wednesday. While...
NOT WORKING: Democratic Gov. Gina M. Raimondo’s Oct. 22 lawsuit over marijuana regulatory power was the latest example of her fractured relationship with legislative leaders from her own political party. 
 / PBN FILE PHOTO/ARTISTIC IMAGES

Raimondo, GA leaders must stop sniping, find common ground

The fractured working relationship between Gov. Gina M. Raimondo and legislative leaders from her own party in the Democrat-controlled General Assembly is again on...
BAYCOAST BANK, one of its Rhode Island branches shown here, is one of the few banks in the area that openly court deposits from marijuana-related businesses. The Swansea, Mass.-based community bank decided to take the step nearly a year ago as more marijuana-related businesses were opening after Massachusetts began licensing recreational marijuana dispensaries, in addition to medical marijuana dispensaries previously legalized in Massachusetts and Rhode Island./COURTESY/BAYCOAST BANK

BayCoast accepts marijuana-industry deposits

Legalizing marijuana is one thing, banking on it is another. At least one bank in the area, however, is venturing into those waters –...

WPRI: Pawtucket mayor says McCoy developer could be selected ‘within the...

PAWTUCKET — The city and R.I. Commerce Corp. are working together to choose a preferred developer for McCoy Stadium, and Mayor Donald R. Grebien...
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...

Stay up to date with PBN's Morning Call & Daily Edition newsletters.

- Featured Event -

Latest News