Business

Business
5:00 pm
Fri January 18, 2013

The Bottom Line: Restaurant Week

(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 Robert I. Burke, proprietor of the Pot au Feu restaurant in Providence. They discuss “Restaurant Week”, the value of Johnson & Whales, and how the industry is changing to accommodate younger diners.

When to Listen

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Business
7:08 am
Fri January 18, 2013

RI employment picture improving

(PROVIDENCE, RI)  Governor Lincoln Chafee says the latest jobless data shows Rhode Island’s economy is on the mend.  But the unemployment rate is still in double digits and still the highest in New England.

Rhode Island’s unemployment rate went from 10.4 percent in November to 10.2 percent in December.  But that’s not why the Governor called the news media to his office to  trumpet the data.  He’s energized by five key metrics used to calculate the jobless figure – all of which are moving in the right direction for only the second time in six years.
 

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Business
8:48 pm
Wed January 16, 2013

Providence Chamber pleased with Gov. Chafee's State of the State address

Gov. Lincoln Chafee delivers his State of the State address
Credit Ian Donnis

(PROVIDENCE, RI) The president of the Greater Providence Chamber of Commerce says there was a lot to like in Gov. Lincoln Chafee’s State of the State address.

Chamber President Laurie White says last night’s address showed that the governor is serious about putting forth a pro-economic growth budget. She says she’s encouraged that the address came during a week that brought a new study and a legislative conference focused on the state’s economy.

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Business
9:26 am
Tue January 15, 2013

Report looks at RI business climate

(PROVIDENCE, RI) A report examining why Rhode Island’s business climate ranks poorly in national surveys is slated to be released Tuesday.

Rhode Island has repeatedly placed near the bottom in some national surveys on the business friendliness of different states. The new study – entitled “Moving the Needle” – was produced by the state Senate and the business-backed Rhode Island Public Expenditure Council.

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Business
5:44 pm
Fri January 11, 2013

The Bottom Line: Celebrating the working waterfront

(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 Laura Orleans, director of the ‘Working Waterfront Festival’ in New Bedford. The event will celebrate its 10th anniversary in late September. Leading up to then will be a monthly series of programs that will present major issues facing those who work on the water or in related industries.

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Business
4:32 pm
Wed January 9, 2013

Attendance at Newport mansions jumped last year

The Breakers mansion on Newport's Bellevue Ave

(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.

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Business
5:46 pm
Fri January 4, 2013

The Bottom Line: Surging home sales

(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.

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RI Business
9:18 am
Thu January 3, 2013

2012 News Countdown: The collapse of 38 Studios

(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.

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RI Economy
10:14 am
Tue January 1, 2013

DLT says some data may have been compromised

(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.

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RI Economy
9:48 am
Tue January 1, 2013

Pay raise for RI minimum wage workers

(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.

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