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RHODE ISLAND plans to sell $118.5 million of general-obligation bonds as fiscal strains have led to downgrades for cities - including Providence. / PBN FILE PHOTO

R.I. sets $118M bond sale with distressed cities

NEW YORK - Rhode Island plans to sell $118.5 million of general-obligation bonds as fiscal strains have led to downgrades for cities - including...

Fitch rates R.I.’s outlook ‘stable’

NEW YORK – Rhode Island landed an “outlook stable” grade from Fitch Ratings.The global rating agency assigned an “AA” rating to $96.35 million...
THE CRITICAL status test for included in Gov. Lincoln D. Chafee's pension reform legislation may be irrelevant. / PBN FILE PHOTO/FRANK MULLIN

All of R.I. may be ‘critical status’

PROVIDENCE – The ‘60 percent critical status’ test for Rhode Island cities and towns that is a part of Gov. Lincoln D. Chafee’s pension...

Municipal pension panel appointments announced

PROVIDENCE – The members of the 14-person panel charged with reviewing and making recommendations for the administration of municipal pensions were named on Friday.Gov....
GATHERING FEEDBACK: Gov. Lincoln D. Chafee has started holding meetings with local leaders, the business community and public-employee unions on a municipal-pension bill. / PBN FILE PHOTO/RUPERT WHITELEY

Mayors look to Assembly for relief

When Central Falls declared bankruptcy last year, Pawtucket Mayor Donald R. Grebien knew those expecting the fiscal illness to spread to other communities in...
GINA M. Raimondo was running a Rhode Island venture-capital firm in Providence when the mother of two read with alarm that a growing fiscal crisis might force cutbacks in library hours and bus service in 2009. / COURTESY TREASURY OFFICE

Gina Raimondo math convinces Rhode Island of America’s prospects

BOSTON - Gina M. Raimondo was running a Rhode Island venture-capital firm in Providence when the mother of two read with alarm that a...
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