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PBN FILE PHOTO/K. CURTIS[/caption]
1. As travel season heats up, R.I.’s vacation rental market cools POSTED ONLINE: JUNE 26
After a string of lucrative summers post-2019, short-term vacation owners are experiencing a cooler rental market in 2023, with their listings staying open longer and renting at lowered rates. tinyurl.com/y4z623yu
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COURTESY PROVIDENCE WARWICK CONVENTION & VISITORS BUREAU[/caption]
2. R.I. Sports Commission executive director dead at age 63 POSTED ONLINE: JUNE 12
John Gibbons, the longtime executive director of the Rhode Island Sports Commission, died at the age of 63. Gibbons, who had more than four decades of experience in the travel and hospitality industry, joined the Providence Warwick Convention & Visitors Bureau in 2006 and became the Rhode Island Sports Commission executive director in 2010. tinyurl.com/54x2sby9
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COURTESY JEREMY SAVAGE/J. WESSEL PHOTOGRAPHY[/caption]
3. 2 Rhode Island nursing homes file for receivership, citing ‘inability to pay debts’ POSTED ONLINE: JUNE 28
Two Rhode Island nursing homes have filed for receivership, declaring their “inability to pay debts as they come due.” Trinity Health and Rehabilitation Center in Woonsocket and Hebert Nursing Home in Smithfield filed requests on June 20 citing financial difficulties. Both facilities are held by JBF Healthcare Management Inc., which is jointly owned by Jeffrey A. Barnhill and James V. Flanagan. tinyurl.com/ud9cym75
4. Dighton police chief charged with insider trading POSTED ONLINE: JUNE 29
Dighton Police Chief Sean Cronin was charged on June 29 with insider trading that reaped $72,000 for himself and an additional $1.6 million for his friends and their associates. The U.S. Securities and Exchange Commission accused Cronin and four associates of allegedly trading on nonpublic information in May 2020 that involved a bid by Alexion Pharmaceuticals Inc., of Boston, in its acquisition of Portola Pharmaceuticals Inc., of San Francisco. tinyurl.com/2p998xwv
5. Nursing home chain owners charged with stealing $83M in Medicaid money POSTED ONLINE: JUNE 29
The owners of Centers Health Care were charged in a fraud scheme that allegedly siphoned off $83 million of Medicaid money for personal gain. The multistate chain operates 47 facilities throughout the Northeast, with three in Rhode Island: the Bannister Center for Rehabilitation and Health Care in Providence, the Kingston Center in South Kingstown and the Oak Hill Center in Pawtucket. tinyurl.com/2ehjb8wx
6. Mass. cannabis manufacturer expands into R.I. POSTED ONLINE: JUNE 19
tinyurl.com/yckz5xet
7. Alex & Ani closes 20 stores, vacates R.I. headquarters POSTED ONLINE: JUNE 30
tinyurl.com/3wctn5e3
8. Report: R.I. electric vehicle policies rank 19th out of top 33 in nation POSTED ONLINE: JUNE 28
tinyurl.com/nhzpwxx7
9. Supreme Court strikes down affirmative action in college admissions POSTED ONLINE: JUNE 29
tinyurl.com/5hevbszm
10. R.I. adopts Juneteenth as state holiday beginning in 2024 POSTED ONLINE: JUNE 16
tinyurl.com/yhyrrzc