economy

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

Mar 3, 2014

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.

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.

New Life For The 'Superman' Building?

Feb 11, 2014
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.

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 Dave and Mark pour over the latest PBN survey of local businesses. PBN has been conducting the survey since 2008, and this one is more optimistic than in years past: it finds more businesses expect to hire in the coming year and capital investment is up.

Ian Donnis / RIPR

Second District Congressman Jim Langevin joins Political Roundtable this week to discuss President Obama's State of the Union address; Clay Pell's entry in the Democratic primary for governor; and his re-election battle with Republican Rhue Reis. 

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