(PROVIDENCE, RI) Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for a weekly business segment we're calling "The Bottom Line." Each Friday it looks at business news and themes that affect local business and the public.
(PROVIDENCE, RI) The State Department of Labor and Training says a malfunctioning telephone system may have allowed the unauthorized sharing of some clients’ personal information, including social security numbers. The problem happened Christmas Eve. A departmental review shows up to 700 people’s information may have been compromised. The department is notifying all customers who may have been impacted and is providing them with free credit monitoring services for three months.
There is some good news for Rhode Island’s housing market. The Rhode Island Association of Realtors reports that single family home sales increased by 43% last month as compared to a year ago. The median price of 195-thousand-dollars is 1% higher than November 2011. November’s numbers also show an even balance between the supply of houses for sale and the number of potential buyers according to the RIAR.
The popularity of Farmers Markets in Rhode Island is growing and you can find them during the winter months, in addition to summer months. Chief of the Division of Agriculture of the Department of Environmental Management, Ken Ayers says the markets move indoors during the cold weather. Ayers says Farmers Markets are important to local farms.
PROVIDENCE, RI - A powerful winter storm headed for New England has power company workers on standby to respond to outages. That's because high winds expected with this storm could down trees and power lines. National Grid spokeswoman Debbie Drew says the company is on alert for any problems.
"We've activated our emergency response system. And we're watching the storm track very closely," said Drew. "That helps us determine where best to deploy crews so we can get them to hard hit areas quickly."
While the meltdown of 38 Studios is certainly Rhode Island's top story for 2013, Swipely -- the company started by Angus Davis -- is showing how a smart entrepreneurial company can thrive in the Ocean State.
PROVIDENCE, RI – The recent numbers for hotel use in Providence were very encouraging. Hotel occupancies in Providence were up in June, as room rates approached pre-recession levels. "The Bottom Line" this week looks behind those numbers and attracting local convention business. This week's guest on "The Bottom Line" is Providence/Warwick Convention and Visitors Bureau CEO Martha Sheridan. Also joining the discussion is "Providence Business News" editor Mark Murphy. When to Listen You can hear The Bottom Line each Friday at 5:50pm.
PROVIDENCE, RI – Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for a weekly business segment we're calling "The Bottom Line." Each Friday it looks at business news and themes that affect local business and the public.
This week, Dave and Mark talk with Jeffrey Grybowski, chief administrative officer of Providence-based Deepwater Wind.