Business

The Bottom Line
5:10 pm
Fri August 29, 2014

The Bottom Line: How The Next Governor Can Jump Start RI’s Economy

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

This week news director Catherine Welch and Mark talk with Rhode Island Public Radio political analyst Scott MacKay. They discuss what Gov. Lincoln Chafee has hit and missed to boost the state’s economy and what the next governor will need to do to lift the state out of its economic doldrums.

When to Listen

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

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The Bottom Line
5:50 pm
Fri August 15, 2014

The Bottom Line: Bringing Designers Together

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for a weekly business segment we're calling "The Bottom Line." Each Friday they look at business news and themes that affect local business and the public.

This week, Lynne McCormack, director of the Department of Art, Culture, and Tourism for the City of Providence, joins Dave and Mark to talk about Design Week RI, an event that links firms, designers, and the community together. 

When to Listen

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

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Business
8:46 am
Tue August 12, 2014

Rhode Island Based CVS Launches In The Pacific Northwest

CVS Caremark, has begun opening stores in Washington State.
Credit RIPR FILE

The Rhode Island-based pharmacy chain CVS has opened its very first store in Washington State. 

The pharmacy is located in the city Renton, which is about 10 miles outside Seattle.  It’s the first of three pharmacies CVS hopes to open in the Seattle area this year.

The store is the first in the country to open, tobacco-free, since the company’s announcement it would phase out tobacco products at all stores by this fall.

Do you have insight or expertise on this topic?  Please email us, we'd like to hear from you. news@ripr.org

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Business
11:27 am
Tue August 5, 2014

CVS 2nd Qtr. Results Up Thanks To Specialty Drugs, MinuteClinics

CVS has opened more than 30 MinuteClinics over the past few months, with 150 more planned by year's end.
Credit CVS Caremark

Second quarter financial results from the Woonsocket-based pharmacy chain CVS Caremark have beat analyst expectations. That’s due in part to new specialty pharmacy business and the opening of more in-store clinics.

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Local Features
5:50 pm
Fri August 1, 2014

The Bottom Line: Tourism Dollars Flowing In RI

Rhode  Island hotels and restaurants are doing more  business lately. And that's good news for their businesses and state coffers.

That's the subject of this week's Bottom Line. The Providence and Warwick Visitors Bureau's Martha Sheridan joins Rhode Island Public Radio's Dave Fallon, along with Providence Business News editor Mark Murphy to do the numbers.

When to Listen

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

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The Bottom Line
2:39 pm
Fri July 11, 2014

The Bottom Line: Feroce Moves From Alex + Ani To BENRUS

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 Giovanni Feroce formerly of Alex + Ani and now starting a new lifestyle product line by reviving the BENRUS brand. They discuss the new product line: how it was started, its immediate future and the potential for manufacturing products in Rhode Island.

When to Listen

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

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Business
1:47 pm
Tue July 8, 2014

Defense Sector Represents 7.1% of RI GDP

Electric Boat plans to double its workforce by 2028 to build a new class of submarines.
Credit File / RIPR

A new report finds defense workers are being paid the highest wages in Rhode Island. The state’s Defense Economy Planning Commission released the report, which focused on the industry’s economic impact last year.

It finds there are 16,000 defense workers in the state. Commission co-chair Senator Louis DiPalma said those jobs support other jobs.  “The 1.5 multiplier. So for every one job, there’s 1.5 additional jobs that can be multiplied by that. That’s a big deal,” said DiPalma.

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The Bottom Line
1:39 pm
Fri June 27, 2014

The Bottom Line: When Historic Tax Credits Are Off The Table

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 Grow Smart Rhode Island Executive Director Scott Wolf. They discuss the future of the historic tax credit and how projects waiting in the wings may never come to fruition.

When to Listen

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

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Local Features
5:50 pm
Fri June 20, 2014

The Bottom Line: Where Can RIPTA Take You This Summer?

It's nearly summer, and that means changes are coming to RIPTA schedules - including a new "super route" and summer beach routes.

On this week's Bottom Line, Rhode Island Public Transit Authority's Amy Pettine joins host Dave Fallon to sort out what's new, what's changed, and what's gone from the summer schedules.

When to Listen

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

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Business
2:42 pm
Mon June 16, 2014

Alex And Ani To Add 250 Jobs; New Leadership Named

Rhode Island retailer Alex and Ani has announced a new management team and a major expansion.

The jewelry maker says it expects to add 250 jobs over the next six months. Those jobs would be spread across the corporate and retail levels.

Alex and Ani also announced the addition of several new executives to its management team. Jayne Fitzpatrick-Conway has been named Chief Financial Officer. And the company added several new leadership positions, including heads of ecommerce, information technology, and marketing.

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