PROVIDENCE, RI – General Treasurer Gina Raimondo is giving Rhode Island residents the chance to buy state bonds before they're available to large investment institutions. The state's selling $145 million in bonds, and on Monday and Tuesday residents can buy some of them in $1,000 and $5,000 increments.
Providence, RI – By MEGAN HALL Rhode Island Public Radio, the Wheeler School, and Latino Public Radio are nearing a deal that would reshuffle their spots on the AM and FM dials.
The yet-to-be signed 10 year lease allows Rhode Island Public Radio to broadcast on Wheeler's 88.1FM signal. In turn, Rhode Island Public Radio would lease its 1290AM signal to Latino Public Radio for the next five years.
PROVIDENCE, RI – Businessman and former Republican candidate Jim Bennett is Providence's new director of economic development. Bennett says his ideas for creating jobs include streamlining zoning and building on existing technology companies in Rhode Island.
Mayor Angel Taveras says Bennett has the right stuff for the job.
PROVIDENCE, RI – The U.S. Coast Guard says it's talking with the state, boaters and Tiverton officials to gauge the impact of a month-long boating ban around construction of the new Sakonnet River Bridge.
The ban would let construction crews work on two piers in the middle of the river. Those piers require crews to hike huge steel planks into the air off barges.
PROVIDENCE, RI – President Obama's plan to cut nearly by half funds for LIHEAP, the Low Income Home Energy Assistance Program, may not hurt Rhode Island too badly.
Last year, Rhode Island received $29 million for LIHEAP but spent only $23 million. The President's proposal would reduce federal funding this year to roughly $13 million. But with the $6 million rollover from last year the Ocean State should be in good shape says Kenneth Payne, administrator of the state Office of Energy Resources.