Rhode Island

The Bottom Line
3:56 pm
Fri March 15, 2013

The Bottom Line: Jobs to Take Care of an Aging Population

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 talk with Coastal Medical President Dr. Alan Kurose. Coastal is the state’s largest medical network.  They’re looking at ways the state’s projected aging population will affect the medical care professions and create new job opportunities.

When to Listen

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The Silver Boom: Aging in RI
1:49 am
Fri March 15, 2013

The Silver Boom: Will Entitlements be There for Future Retirees?

What's being done on Capitol Hill to preserve Social Security and Medicare?
Credit US Capitol

A Brown University PhD student in epidemiology, Beth Lacy, is 28 years old. That means she’s a long way from retirement and plans to be working for decades to come. But the debate over the future of Medicare and Social Security is on Lacy’s mind even when she makes one of her regular coffee stops at the Cable Car Café in Providence.

“Is is something I think about,” she says. “It’s not something that necessarily keeps me up at night. But just because of the world I’m in with work – public health – I definitely think a lot more about Medicare than Social Security.”

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Business
3:50 pm
Thu March 14, 2013

Large Data Center to Set Up Shop in Pawtucket Bringing 250 Jobs

A company that makes emergency response devices for the sick and elderly has announced plans to open a major operations center in Pawtucket.  The move means 175 new jobs for the Ocean State.

Tunstall America, a provider of health care communications devices, is closing its Cranston call center and moving it to Pawtucket where it will be expanded from 75 to 250 employees.    Tunstall America company spokeswoman Sarah Turner says they’re re-locating their data center from New York to Rhode Island in the process.

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Housing
10:13 am
Thu March 14, 2013

Better News on Rhode Island Foreclosure Front

Phoenix Affordable Housing
Credit Flo Jonic / RIPR

Rhode Island still has the highest foreclosure rate in New England but the numbers are coming down. According to Housing Works RI, foreclosure filings fell 11 percent in the fourth quarter of 2012.   Filings have fallen 36 percent since 2009, when data was first available.
The Mortgage Bankers Association says Rhode Island continues to lead New England in foreclosures and is tied for 7th nationwide.

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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RI News
4:53 pm
Wed March 13, 2013

Bishop Tobin: New Pope a Game Changer

Bishop Thomas Tobin watches closely as the new pope is introduced to the world.
Credit Flo Jonic / RIPR

The leader of Rhode Island’s Roman Catholics reacted positively to the selection of the first pope from South America. Bishop Thomas Tobin was watching the news when Pope Francis was introduced to the world.

The bells of the Cathedral of Saints Peter and Paul pealed wildly when white smoke emerged from the Sistine Chapel in Rome, indicating a new pope had been elected. Inside the Providence diocesan offices, Bishop Thomas Tobin and several staff members watched on TV as the new pope emerged from St. Peter’s Basilica.

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Closing the Word Gap
12:02 pm
Wed March 13, 2013

Providence Wins $5M Bloomberg Prize to Close the Word Gap

Providence wins $5 million prize from Bloomberg Philanthropies.
Credit File / RIPR

Providence Mayor Angel Taveras says it’s a dream that the city won a $5 million prize to help low-income children boost language skills. The prize money came from a philanthropic organization set up by New York Mayor Michael Bloomberg.

Providence won with a program that will equip low-income children with devices that record conversations and count the words they are exposed to. The children’s parents will then be coached on ways to expose kids to more words. The goal is to close what’s known as “the word gap,” between low-income and more affluent four-year-olds.

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Economy
8:42 pm
Tue March 12, 2013

Rhode Island Workers More Likely to Commute Out of State

Downtown Providence
Credit RIPR file

The US Census Bureau has released information about the commuting habits of Americans.  It finds that Rhode Island residents are among those most likely to work in another state.  Close to 13 percent of those living in the Ocean State work out-of-state.

The Census Bureau figures also show that the average commute in America is 25 minutes each way.

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RI Board of Elections
2:16 pm
Tue March 12, 2013

Board of Elections Director to Keep His Job

Rhode Island elections director Bob Kando gets to keep his job, but he first had to endure a dressing down from his bosses, the Board of Elections. The board felt Kando exceeded his executive authority when he presented lawmakers with a package of elections-related bills.

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RI News
8:04 am
Tue March 12, 2013

Rhode Island Rentals Among Most Expensive in Nation

Credit courtesy RI Housing facebook page

A new national report shows Rhode Island has some of the highest rental costs in the country.  The Ocean State has the 17th highest rental costs according to the report published by the National Low Income Housing Coalition.  In Rhode Island the fair market rent for a two bedroom apartment is $945. In order to afford this level of rent without paying more than 30 percent on housing, a household must earn $37,000 a year or $18 dollars for a full time worker. A minimum wage worker would have to work 94 hours a week all year long.

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The Pulse
12:00 pm
Mon March 11, 2013

The Silver Boom: 1 in 4 Will Be 60+ By 2030

By 2030, a quarter of Rhode Islanders will be 60 or older.

 

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