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(PROVIDENCE, RI) Attendance at the Newport mansions has reached a 10 year high.  And expanded hours may make 2013 an even more profitable year.

Admissions to the Newport mansions increased 11 percent in 2012 to a total of 883,000 visitors. The gain was the strongest on record, according to the Preservation Society of Newport County which runs the mansions. Evan Smith, CEO and president of Discover Newport, says the growth is attributable to expanded tours the Preservation Society has been offering.

The Bottom Line: Surging home sales

Jan 4, 2013

(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) It was a busy year in the Ocean State, and Rhode Island Public Radio’s counting down the ten biggest stories of 2012. Topping the list – is the implosion of the 38 Studios deal.

DLT says some data may have been compromised

Jan 1, 2013

(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.

Do you have insight or expertise on this topic?

(PROVIDENCE, RI)
Minimum wage workers in Rhode Island are getting a pay raise Tuesday. The state’s minimum wage is going up for the first time in five years.

Legislation raising the minimum wage in Rhode Island goes back to 1956, when it was $0.90 an hour. State labor numbers find about 10,000 Rhode Islanders earn the minimum wage, and will get a bump in their next pay check. Sydonia  Lary works two hourly wage jobs in Providence. She’s pleased the state’s minimum wage is going up.

RI housing market rebounds

Dec 31, 2012

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.  

Farmers Markets popular in winter

Dec 28, 2012

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.

A survey of recent press:

Gigaom:

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.

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.

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.

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.

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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