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

This week Mark and Dave speak with Ted Almon, president and CEO of The Claflin Company, a distributor of medical and surgical products. Almond is also a member of Governor Gina Raimondo's working group tasked with finding ways to reduce healthcare spending.

Ambar Espinoza / RIPR

Deepwater Wind installed the first foundation over the weekend for what is slated to be the first offshore wind farm in the country. Monday morning the company took state and federal officials on a boat trip to see the barge, cranes, and foundations up close.

RIPR file photo

More than six months after the ceremonial ground-breaking for a multi-use plan that includes remaking the South Street Power Station as a new state nursing center, financing has been completed for the $220 million South Street Landing project, according to the developer, CV Properties.

Ambar Espinoza / RIPR

Federal and state officials take a boat trip this morning to check out the start of construction on Deepwater Wind’s Block Island Wind Farm. The project has broad support from environmental groups, fishermen, the Narragansett tribe, and others. But it’s a point of contention for Block Island residents.

John Bender / RIPR

The 56th Newport Folk Festival is in full swing this weekend. Rhode Island Public Radio’s John Bender reports from Fort Adams State Park.

A marching band played as fans waited to enter the Newport Folk Festival. The event sold out well in advance, so thousands turned out before the gates even opened,  eager secure a prime spot on the lawn at Fort Adams State Park.

Rhode Island-based band “Haunt The House” opened the festival with a heart-felt performance before a rapt audience, including family members, and local fans.

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