EDC

Political Roundtable
8:37 am
Fri July 19, 2013

Political Roundtable: Fox on Sakonnet River Tolls, 38 Studios, and Same-Sex Marriage

Speaker of the House Gordon Fox
Credit John Bender / RIPR

Same sex marriage. Tolling the Sakonnet River Bridge. The 38 Studios taxpayer bailout. Those are some of the topics we touch on this morning. Our regular host, Ian Donnis, is out, Rhode Island Public Radio’s Flo Jonic is filling it.

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The Bottom Line
3:18 pm
Fri July 12, 2013

The Bottom Line: Legislative Recap

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 mull over the recent legislative session. They discuss attempts to restructure the state’s Economic Development Corporation, historic tax credits and the new health insurance commissioner.

When to Listen

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

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38 Studios
2:54 pm
Wed May 22, 2013

38 Studios Lawyers: Curt Schilling Hid Nothing From RI

Video game company 38 Studios went bankrupt after receiving a $75-million loan from the state.
Credit RIPR

Lawyers for the defunct 38 Studios video game company were back in court Wednesday, asking a judge to dismiss a lawsuit brought against them by the Rhode Island Economic Development Corporation. The suit alleges that executives of the defunct Curt Schilling enterprise deliberately misled state officials about the financial viability of the company to gain a $75 million state-backed loan.

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Politics
2:28 pm
Tue May 14, 2013

Gov. Chafee's Pick for EDC up for Committee Vote

Gov. Lincoln Chafee’s choice to lead the state Economic Development Corporation faces approval by a state Senate committee Tuesday. The vote comes amid debate over whether to reorganize the EDC.

Chafee’s choice, Marcel Valois led the EDC back in the 1990’s during Lincoln Almond’s tenure as governor. Valois is the vice president of an economic foundation. He was previously chief operating officer of the Penske Automotive Group.

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The Bottom Line
3:32 pm
Fri March 8, 2013

The Bottom Line: Reshaping the EDC

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 it looks at business news and themes that affect local business and the public.

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RI Economic Development
2:59 pm
Tue March 5, 2013

Gov. Chafee: Having Trouble Filling EDC Board

Gov. Lincoln Chafee says he’s having some trouble getting people to serve on the board of the Rhode Island Economic Development Corporation. Seven of the 13 board seats are empty and the agency has no director.  

Chafee says people he’s approached are reluctant to serve because of the high-profile nature of the troubled agency.

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Economic Development
2:53 pm
Tue February 26, 2013

Two More EDC Board Members Step Down

There’s more turmoil at the top of the Rhode Island Economic Development Corporation as two more board members have stepped down.

EDC board members Jack Templin and Cheryl Watkins Snead have tendered their resignations, leaving just seven members on a 13 member board.  Templin is quitting halfway through a four year term to focus on his business interests. Watkins Snead is finishing up a three year term.

Remaining EDC board member Karl Wadensten says he’s sad to see them go but sees opportunity in the chance to appoint new members.

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The Bottom Line
1:34 pm
Fri February 22, 2013

The Bottom Line: Why the EDC is Sitting on $3.5M for Small Business

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 it looks at business news and themes that affect local business and the public.

This week Dave and Mark take a look into why it’s been a problem for the Rhode Island Economic Development Corporation to find local companies to share what’s ballooned into a $3.5 million grant for small businesses.

When to Listen

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

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