Business

Business
8:11 am
Wed February 13, 2013

Charges of alleged corruption at Logan cab stands

Cab stand workers at Boston’s Logan Airport are accused of corruption.  Five men are being arraigned Wednesday on charges of taking bribes.

Cabs operating legally at Logan report to a taxi pool where they are dispatched to terminal cab stands in order.  Prosecutors claim the cab stand workers collected between $20 and $40  from any cab driver who wanted to cut in line.  Longer-distance fares would also be steered to some of the cabbies.

Some of the drivers told investigators this system nearly doubled their daily earnings.

The Bottom Line
2:36 pm
Mon February 11, 2013

The Bottom Line: Living in downtown Providence

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 architect and developer Steve Durkee. A RISD grad, Durkee discusses the need to bringing more residential space to downtown Providence.

When to Listen

You can hear The Bottom Line each Friday at 5:50pm.

Read more
Business
8:47 am
Mon February 11, 2013

RI and Chinese companies to meet

A group trip is being organized for Rhode Island businesses who are interested in doing business with China, as well as those already doing so.   The Rhode Island Economic Development Corporation is organizing a trip for the last two weeks in April.  

The E-D-C says business appointments with Chinese companies will be arranged and informational briefings will be given to participants.

For more information click here.

Planet Money
4:40 pm
Wed February 6, 2013

#honestjobdescription

What's your job? Really? That's the question Planet Money asked on Twitter yesterday. Here are a few of their favorite answers.

Business
3:25 pm
Wed February 6, 2013

Monopoly: the cat wins by more than a whisker

Meet the Scottie dog's new nemesis - Photo via Hasbro

Monopoly has a new token. Fans of the board game say it’s a purr-fect addition to the classic game. (Sorry).

Read more
Business
3:49 pm
Fri February 1, 2013

The Bottom Line: Will RI's health insurance exchange be ready in time?

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 Donald Nokes, founder of NetCenergy. He is past vice-chair of the State Health Exchange Board and is currently president of the Rhode Island Business Group on Health.

Read more
Business
11:00 am
Fri February 1, 2013

RIEDC overestimated America's Cup haul

Credit PHOTO: RIPR FILE

The Rhode Island Economic Development Corporation estimated this summer’s America’s Cup sailing event would pump more than $70 million into the state’s economy. But the actual haul was much less.

Read more
Business
8:03 am
Fri February 1, 2013

2012 was good to Providence's hotels

Front door of Biltmore Hotel
Credit RIPR file

2012 was a banner year for the Providence hotel industry.  Both occupancy and room rates exceeded the national and regional averages.

Read more
Business
3:07 pm
Fri January 25, 2013

The Bottom Line: Confidence returning to RI business community

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 about a new business survey in the Providence Business News that finds more local companies are feeling better about their prospects. They’re feeling more confident about hiring new employees and expanding business.  

When to Listen

Read more
Business
1:40 pm
Fri January 25, 2013

Hasbro to cut 10% of workforce, consolidate facilities

Hasbro offices downtown Providence
Credit Photo by: Catherine Welch / RIPR

Pawtucket-based toy maker Hasbro says it will lay off about 10 percent of its workforce and consolidate some facilities to offset lower than expected revenue growth.

Read more

Pages