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.
A civil engineer and private pilot will be the next president and CEO of the Rhode Island Airport Corporation. Kelly Fredericks is currently overseeing expansion at the airport in Fort Lauderdale, FL.
Fredericks has held leadership positions at airports in Pittsburgh, Harrisburg and Erie Pennsylvania. He’s currently with a consulting group managing the construction of a new terminal down at the Fort Lauderdale-Hollywood International Airport.
Gov. Lincoln Chafee says the findings in a new report are part of the process of improving Rhode Island’s economy.
The report centers on the state’s business climate and found Rhode Island has made some progress in cutting taxes but they’re still perceived as being a potential roadblock to attracting new business. It also found gaps in funding for start ups.
Chafee says the process is part of what he calls a methodical approach his administration is using to target a better economy.
It was ten years ago Wednesday when the Station Nightclub went up in flames. One hundred people lost their lives and more than 200 were injured in the West Warwick tragedy. It led to sweeping changes in the state fire code.
A new analysis of labor data shows Rhode Island had a much stronger 3rd quarter than initially reported.
The state Department of labor and Training says there were 4900 more jobs during July, August and September of last year than previously estimated.
The number of Rhode Island-based jobs stood at 464,000, up 4900 from the official September 2012 estimate. The new estimate is basesd on the analysis of tax data from 32,000 businesses. The earlier estimate was based on a survey of businesses.
The Rhode Island Public Transit Authority is considering changes to its bus service and wants the public to weigh in. The transit authority is considering two alternatives to how it’s running now.
RIPTA marketing director Amy Pettine says the changes won’t add costs to running the transit system, but could expand service in some much-needed parts of the state. She says this includes a new route proposed for Woonsocket and better coordination with commuter rail.
Drivers keeping track of prices at the pump may have noticed that the average gallon of regular unleaded will cost a nickel more than it did last week.
That extra nickel now puts the average price of regular unleaded at $3.79 a gallon. That’s higher than the national average. AAA Southern New England urges Rhode Islanders to shop around since the range in price spans 26-cents.
Across the border in Massachusetts the average price went up by four cents to $3.72 a gallon, just a penny shy of the national average of $3.73.
Rhode Island has released test scores that show 73 percent of public school students are proficient in reading and just 57 percent are proficient in Math. The numbers were relatively flat compared to previous years, so for more analysis we turned to State Education Commissioner Deborah Gist. She spoke with Rhode Island Public Radio’s Education Reporter Elisabeth Harrison.
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Just about every good government group in Rhode Island is pushing for an end to the so-called master lever option on state ballots. RIPR political analyst Scott MacKay explains why this is not a panacea for what ails our state’s political culture.
It has become an article of faith in Rhode Island among the self-styled government reform groups, most statewide elected politicians and the chattering pundit classes that our state needs to get rid of that relic of urban machine politics, the master lever.