economy

On Politics
4:10 pm
Mon April 14, 2014

Raimondo: State Needs to Streamline, Modernize Regulations

Credit Ian Donnis / RIPR

Democratic gubernatorial candidate Gina Raimondo says the state needs to streamline and modernize regulations to encourage entrepreneurs.

Speaking at Foolproof Brewing in Pawtucket, Raimondo cited the company as part of Rhode Island’s growing craft-brewing sector. But Raimondo says startups like Foolproof are succeeding in spite of excessive and antiquated regulations. She says entrepreneurs are sometimes left feeling like they’ve done something wrong after filling out government applications and permits.

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Economy
8:54 am
Wed April 2, 2014

Local Think Tank Calls For Millions In Cuts To State Spending

The Center for Freedom and Prosperity recommends more than $200 million dollars in cuts state spending.
Credit RIPR FILE

A conservative-leaning think tank says Rhode Island spends more than 220 million dollars each year on what it calls non-essential state services.  The Rhode Island Center for Freedom and Prosperity says cutting this spending would improve Rhode Island’s economy.

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Economy
9:14 am
Tue April 1, 2014

Bill To Increase Apprenticeships Slated For Review In House Committee

The House Labor Committee looks at a bill that would increase the use of apprentices on publicly contracted projects.
Credit RIPR FILE

The House Labor Committee is slated to review a bill Tuesday that could increase the use of apprentices on state public works contracts. But critics say that mandating more work by apprentices could increase costs for municipal and state projects.

A union-backed bill sponsored by Providence Representative John Carnevale would require companies bidding on public projects worth more than $1 million to have an apprenticeship program. The legislation would apply only to contractors and subcontractors with five or more employees.

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Economy
9:58 am
Mon March 31, 2014

Hondas Come To Rhode Island Through The Port Of Davisville In Quonset

The Quonset Business Park welcomes ships carrying Honda vehicles to the Port of Davisville Monday. This is the first time Honda has shipped products to Rhode Island shores.  Quonset Development Corporation spokesman David Preston says he hopes the addition of Honda will help to build economic growth in Rhode Island.

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Political Roundtable
4:00 am
Fri March 14, 2014

Political Roundtable: Raimondo on Her Jobs Plan, I-195 Development, High-Stakes Testing & More

Democratic gubernatorial candidate Gina Raimondo joins Political Roundtable this week to discuss her plan meant to add manufacturing jobs; high-stakes testing; tax policy; the slow start to redeveloping former I-195 land; and other issues.

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On Politics
1:33 pm
Tue March 11, 2014

Taveras Unveils Plan to Match Unemployed With Job Skills

Democratic gubernatorial candidate Angel Taveras on Tuesday unveiled a plan to help provide unemployed Rhode Islanders with the skills needed to find jobs. 

Taveras says even though tens of thousands of Rhode Islanders are out of work, Rhode Island lacks a comprehensive job training program. If elected governor, he says he’d implement an initiative so that unemployed residents obtain the right skills through CCRI to get hired.

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The Bottom Line
3:11 pm
Fri March 7, 2014

The Bottom Line: Why More Homes Are Selling For More In RI

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

This week Dave and Mark talk with Bruce Lane, president-elect of the Rhode Island Association of Realtors. They discuss rising home prices in the state, the impact this bad winter has had on home sales and how the housing market affects the local economy.

 

 

When to Listen

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

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The Bottom Line
10:25 am
Mon March 3, 2014

The Bottom Line: What Will It Take To Pump Life Into RI's Economy?

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

This week Chuck Hinman fills in for Dave, he and Mark talk with Dean of Providence College's School of Business, Dr. Sylvia Maxfield. They discuss efforts to pump life into the state's economy, such as the Make It Happen project, and what needs to be done to improve Rhode Island's business climate.

When to Listen

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

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Politics
8:54 am
Wed February 26, 2014

GOP Candidate Ken Block Presents Plan To “Fix Rhode Island”

Block's plan calls for ambitious tax reforms, some of which have been brought up, and failed in previous legislative sessions.
Credit Flo Jonic / RIPR

Republican gubernatorial candidate Ken Block announced his “Block Plan” to “fix Rhode Island,” should he be elected governor.

Block outlined a series of major tax reforms he would pursue, including reducing the corporate sales tax from 9 percent to 7 percent.  That would make it the lowest in New England.

He also called for eliminating a $500 minimum tax for new businesses. Block said the current tax policy makes Rhode Island an uninviting place for businesses and entrepreneurs.

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Providence
8:40 am
Tue February 11, 2014

New Life For The 'Superman' Building?

The 'Superman building' in downtown Providence has sat vacant since last April.
Credit RIPR FILE

There may be new hope for the tallest building in Rhode Island.  But efforts to rehab the so-called Superman building, in downtown Providence, failed just last year.

The 26 story building, built in 1928 went dark in April of last year, when its tenants, Bank of America, moved out. The owner, Massachusetts-based High Rock Development, proposed a plan to turn the office space into residences.

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