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 Peter Kadzis, senior editor at WGBH news and formerly and editor for the Boston Phoenix. The Providence Phoenix recently ended its 36 year run as an alternative news weekly. Peter Kadzis provides perspective on the end of the Phoenix and changes in the newspaper industry.

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.

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