Business

Business news

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for our weekly business segment The Bottom Line.

This week Dave and Mark talk with Providence’s Economic Development Director Jim Bennet. As part of our series One Square Mile, they discuss the role of moveable cranes and where business can grow at the port.

When to Listen

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

The Department of Labor and Training has stepped in to help the more than 70 workers laid off from the Osram Sylvania plant in Central Falls. The plant shut its doors last Friday.

Those former plant workers are now receiving benefits from a federal program that provides career counseling and helps them pay for amongst other things the commute to job training or to relocate. DLT spokesman Mike Healey said this federal program is more generous because it targets factory workers who tend to be older and have worked most of their lives in the plant.

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for our weekly business segment The Bottom Line.

This week Dave and Mark talk with Hope and Main’s president and founder Lisa Raiola. They discuss what kinds of startups will be cooking at the incubator, how long until the businesses launch on their own, and how this is a jobs generator.

When to Listen

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

The Rhode Island Association of Realtors says home sales dropped again in August. 

The average price for a single family home was $218,ooo, down 3 percent from last year.  Condominium sales also slowed, but multi-family homes were a bright spot.  Prices have climbed 25 percent from last August.  Realtors Association President Robert Martin says foreclosures, and short sales have dropped significantly from a year ago.  He says that's likely to drive home prices higher in the long term.

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for our weekly business segment The Bottom Line.

This week Catherine Welch sits in for Dave, she and Mark talk with the CEO of International Tennis Hall of Fame and Museum, Todd Martin. They discuss the Hall of Fame’s expansion and what it’s doing to bring the facility to a global audience.

When to Listen

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

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for our weekly business segment The Bottom Line.

This week Dave and Mark talk with the CEO of Deepwater Wind Jeff Grybowski. They discuss the five-turbine wind farm’s timeline and how it’s on track to becoming the nation’s first offshore wind farm.

When to Listen

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

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for our weekly business segment The Bottom Line.

This week Dave and Mark talk with director of the Rhode Island Department of Labor and Training Charles Fogarty. They discuss new rules in place requiring the unemployed to place their resumes online, how to train and get people back to work and the state’s labor market.

When to Listen

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

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for our weekly business segment The Bottom Line.

This week news director Catherine Welch and Mark talk with Rhode Island Public Radio political analyst Scott MacKay. They discuss what Gov. Lincoln Chafee has hit and missed to boost the state’s economy and what the next governor will need to do to lift the state out of its economic doldrums.

When to Listen

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

The Bottom Line: Bringing Designers Together

Aug 15, 2014

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 they look at business news and themes that affect local business and the public.

This week, Lynne McCormack, director of the Department of Art, Culture, and Tourism for the City of Providence, joins Dave and Mark to talk about Design Week RI, an event that links firms, designers, and the community together. 

When to Listen

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

RIPR FILE

The Rhode Island-based pharmacy chain CVS has opened its very first store in Washington State. 

The pharmacy is located in the city Renton, which is about 10 miles outside Seattle.  It’s the first of three pharmacies CVS hopes to open in the Seattle area this year.

The store is the first in the country to open, tobacco-free, since the company’s announcement it would phase out tobacco products at all stores by this fall.

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

CVS Health

Second quarter financial results from the Woonsocket-based pharmacy chain CVS Caremark have beat analyst expectations. That’s due in part to new specialty pharmacy business and the opening of more in-store clinics.

Rhode  Island hotels and restaurants are doing more  business lately. And that's good news for their businesses and state coffers.

That's the subject of this week's Bottom Line. The Providence and Warwick Visitors Bureau's Martha Sheridan joins Rhode Island Public Radio's Dave Fallon, along with Providence Business News editor Mark Murphy to do the numbers.

When to Listen

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

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for our weekly business segment The Bottom Line.

This week Dave and Mark talk with Giovanni Feroce formerly of Alex + Ani and now starting a new lifestyle product line by reviving the BENRUS brand. They discuss the new product line: how it was started, its immediate future and the potential for manufacturing products in Rhode Island.

When to Listen

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

File / RIPR

A new report finds defense workers are being paid the highest wages in Rhode Island. The state’s Defense Economy Planning Commission released the report, which focused on the industry’s economic impact last year.

It finds there are 16,000 defense workers in the state. Commission co-chair Senator Louis DiPalma said those jobs support other jobs.  “The 1.5 multiplier. So for every one job, there’s 1.5 additional jobs that can be multiplied by that. That’s a big deal,” said DiPalma.

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for our weekly business segment The Bottom Line.

This week Dave and Mark talk with Grow Smart Rhode Island Executive Director Scott Wolf. They discuss the future of the historic tax credit and how projects waiting in the wings may never come to fruition.

When to Listen

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

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