Business

RI Business
10:59 am
Fri July 20, 2012

The Bottom Line: The state of offshore wind projects

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.

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RI Business
3:13 pm
Fri May 25, 2012

The Bottom Line: The value of 38 Studios

PROVIDENCE, RI – As the 38 Studios situation goes viral, how do people stay on top of this story and other complex financial news?

Joining Rhode Island Public Radio's Dave Fallon on The Bottom Line is Providence Business news editor Mark Murphy, and our guest is Edward Mazze, a professor at the College of Business Administration at the University of Rhode Island.

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RI Business
3:49 pm
Fri May 18, 2012

The Bottom Line: How did 38 Studios happen?

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 Mark and Dave mull over the steps that lead to the state's $75 million guaranteed loan to video game developer 38 Studios. The company is having serious money troubles and has asked the state for more help.

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RI Business
3:13 pm
Mon May 14, 2012

The Bottom Line: A look at business in RI

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.

For this first edition, Dave and Mark sit down with Thomas Dougherty, VP at Nortek Holdings, Inc.

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Economy
8:20 am
Mon June 20, 2011

RI unemployment 3rd highest in nation

Providence, RI – Rhode Island continues to have one of the highest unemployment rates in the country and is one of only a handful of states with a jobless rate still in the double digits.

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Economy
7:59 am
Fri May 20, 2011

State unemployment rate edges below 11 percent.

Providence, RI – Rhode Island's unemployment rate edged down slightly in April. As WRNI's Flo Jonic reports it's currently the lowest it's been in almost two years.

Rhode Island's seasonally adjusted unemployment rate for April was 10.9% - down one tenth of a percentage point from March. It's the first time in 21 months the rate has been below 11%. But it is still two percent higher than the national jobless rate.

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Economy
9:11 am
Fri March 18, 2011

Providence finances on Roundtable

Providence, RI – Providence's budget woes, and critics fire back against Governor Chafee's budget. That's part of the discussion this week on Political Roundtable. Here's our host, WRNI political reporter Ian Donnis.

Do you have insight or expertise on this topic? Please email us, we'd like to hear from you. news@wrni.org.

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Economy
8:53 am
Wed March 16, 2011

Chafee unveils plan to fund transportation projects

I-95 as pictured in Providence. Photo by James Wyman

Providence, RI – Governor Lincoln Chafee used the backdrop of the Pawtucket River Bridge on Interstate 95 Tuesday to make the case for the transit funding plan in his budget.

Chafee wants to steer $12 million from the state general fund for each of the next five years to fund transit improvements. He says creating this regular funding source would allow the state to avoid borrowing and paying interest for costly improvements.

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Economy
7:33 am
Thu March 10, 2011

Increased funding would not stop tuition hikes

An entrance to Rhode Island College is pictured above. Photo by Alex Nunes.

PROVIDENCE, R.I. – Governor Lincoln Chafee has proposed a $10 dollar increase in funding for the state's higher education system. But it won't be enough to prevent tuition increases at two of the three state schools.


Tuition will remain the same next year at the Community College of Rhode Island. But students at the University of Rhode Island and Rhode Island College will have to pay more. Ray DiPasquale, the president of CCRI and the state Commissioner of Higher Education, says it's unclear how much more.

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Economy
10:19 am
Wed March 9, 2011

Chafee calls for sales tax changes in budget proposal

Governor Lincoln Chafee is pictured during his gubernatorial campaign. Photo by Louis Oppenheimer.

PROVIDENCE, R.I. – Governor Lincoln Chafee made his first budget address Tuesday night. For fiscal year 2012, the governor proposed financial aid to cities and towns, supporting the school funding formula, and a boost in higher education.

But Chafee also called for cuts, specifically $60 million to Health and Human Services, which will make up some 40 percent of the next state budget.

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