PROVIDENCE, R.I. – It's neither sexy nor sensational, but it touches all of our lives - it's the state budget. And today lawmakers will dip into Rhode Island's finances, and meet for what's called the "revenue estimating conference."
PROVIDENCE, R.I. – A new report finds home prices in the Providence area have declined more than any other area in the region. They're also among the steepest declines nationwide.
The price tracking group Clear Captial says the Providence, New Bedford, Fall River area saw a more than nine percent drop in prices in the last three months and a nearly two percent year over year decline.
PROVIDENCE, R.I. – A new city council has been appointed in the cash strapped city of Central Falls.
The three member council was selected after members of the elected council refused to comply with policies put in place by a state-appointed receiver.
Mark Pfeiffer, the retired superior court judge who was picked to oversee city finances, appointed the new council. It's made up of elected city councilor James Diossa, former city councilor Robert Ferri and former Central Falls finance director Edna Poulin.
Providence, RI – After 17 months, the Twin River slot parlor in Lincoln has finally emerged from bankruptcy. The Rhode Island Division of Lotteries made the transition official when it approved a change of ownership for the slot parlor. Spokeswoman Patti Doyle says this is a great day for the company
PROVIDENCE, R.I. – Last month, in the face of decreasing profits, pharmacy giant CVS Caremark eliminated 300 jobs - half of them in its home city of Woonsocket.
Leo Fontaine, the Mayor of Woonsocket, Frank Switzer, a resident of Woonsocket for 64 years, and John Gregory, the President and CEO of the Northern Rhode Island Chamber of Commerce, all say the lay-offs won't have a huge impact on the community.