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Unemployment rate down in Massachusetts

Amanda Mathias — Thu, 19 Nov 2009 18:18:48 GMT

Massachusetts' monthly unemployment rate has fallen for the first time in two-and-a-half years.

Simon shows interest in local malls

Amanda Mathias — Thu, 19 Nov 2009 18:00:35 GMT

Simon Property Group, Inc., the owner of several shopping malls nationwide, has shown interest in purchasing malls owned by General Growth Properties, Inc.

Nat'l Grid blows off wind energy offer

Thu, 19 Nov 2009 17:17:50 GMT

Power company National Grid has again rejected a proposal to buy clean power from a planned wind farm off the coast of Block Island.

Seasonal employment will not increase

Mon, 16 Nov 2009 23:03:09 GMT

Seasonal employment in RI is not expected to increase for the holidays this year.

Report: RI faces budget disaster

Wed, 11 Nov 2009 19:45:27 GMT

California's ongoing fiscal crisis has attracted national attention, but a study warns that nine other states are barreling toward similar economic disaster.

RI deficit could approach $200 million

Wed, 11 Nov 2009 11:40:57 GMT

Economic woes in Rhode Island could drive the state's budget deficit to nearly $200 million, a gap equivalent to about 6 percent of expected state revenue.

CVS settles lawsuit with New York state

Wed, 11 Nov 2009 09:36:10 GMT

New York officials say they've reached an $875,000 settlement with CVS Pharmacy Inc. to stop sales of expired products -- including food, medicine and baby formula.

Twin River 24/7 gambling starts soon

Nancy Krause — Mon, 09 Nov 2009 16:59:44 GMT

Starting next week, gamers will be able to place their bets at Twin River 24 hours a day, seven days a week.

FTC investigating CVS Caremark Corp.

Fri, 06 Nov 2009 09:07:59 GMT

CVS Caremark Corp. says the Federal Trade Commission is investigating some of the chain's business practices.

Lawmakers to meet on RI economy

Thu, 05 Nov 2009 11:15:09 GMT

Democratic lawmakers will soon meet in private to discuss Rhode Island's failing economy and its budget crisis.

RI unemployment expected to peak at 14%

Mary Abraham — Wed, 04 Nov 2009 15:57:20 GMT

An economist is warning that the unemployment rate in Rhode Island will keep growing before peaking at 13.8% next year.

Citizens Financial Group won't be sold

Tue, 03 Nov 2009 20:52:50 GMT

The head of Citizens Financial Group says it won't be sold by its parent company, the Royal Bank of Scotland, as a condition of the British government pouring billions of dollars into the firm.

RI gas prices up 3rd straight week

Mon, 02 Nov 2009 17:38:34 GMT

Gas prices are up three cents in Rhode Island, the third week in a row of rising prices.

Memorial Hospital affiliation agreement

Tue, 27 Oct 2009 21:34:21 GMT

Pawtucket's Memorial Hospital is teaming up with Brigham & Women's Hospital.

RI home sales climb in September

Tue, 27 Oct 2009 17:54:30 GMT

According to data released by the Rhode Island Association of Realtors on Tuesday, Rhode Island existing single family home sales rose 27.9 percent in September.

FM Global moves 90 jobs to RI

Mon, 26 Oct 2009 21:37:31 GMT

FM Global is moving another 90 jobs to RI.

RI tax incentive benefits questioned

Tue, 20 Oct 2009 16:40:02 GMT

Rhode Island businesses have received $87 million in tax breaks from the state over the past two years, but some are questioning what the state is getting in return.

Hasbro profits up despite sales decline

Mon, 19 Oct 2009 15:45:51 GMT

Hasbro Inc., the nation's second-biggest toymaker, saw profit rise nearly 9 percent in the third quarter as the company trimmed costs amid a slight decline in sales.

RI gas prices jump several cents

Mon, 19 Oct 2009 15:21:03 GMT

Gas prices in Rhode Island have jumped several cents from last week, the first time they've gone up since the summer.

Report: RI spends most on fire aid

Tue, 13 Oct 2009 16:59:40 GMT

Rhode Island spends more money on fire protection than any state in the country.

Twin River drops request to pay bonuses

Thu, 08 Oct 2009 15:31:46 GMT

Twin River has withdrawn a request made to a federal judge for permission to pay about $1.3 million in bonuses to eight of the slot parlor's top executives.

Local fire dept. slated to get funding

Nancy Krause — Wed, 07 Oct 2009 09:36:44 GMT

A beleaguered local fire department is getting a much-needed financial boost from the federal government.

Council 94 approves deal with state

Nancy Krause — Tue, 06 Oct 2009 18:23:22 GMT

By a fairly close margin, members of Council 94 approved a deal with the state to avoid layoffs.

Council 94 vote tally expected Tuesday

Nancy Krause — Tue, 06 Oct 2009 16:41:48 GMT

Tuesday is the day leaders from Council 94 are expected to announce whether their members have decided to accept a deal with the state to avoid layoffs.

RI increasing tuition at 3 colleges

Melissa Sardelli — Tue, 06 Oct 2009 14:11:55 GMT

In state college students will soon be paying more for a higher education. State education officials say deeps cuts to state aid have forced them to increase tuition and fees at Rhode Island's three public colleges.

Dangerous RI road gets new sidewalks

Melissa Sardelli — Mon, 05 Oct 2009 22:39:54 GMT

West Main Road in Middletown has been the scene of serious pedestrian injuries along with some that turned deadly.

Council 94 to tally member votes

Mon, 05 Oct 2009 19:26:57 GMT

Rhode Island's largest state employees' union will soon know whether its members have accepted a deal that would cut pay but save jobs.

RI property tax burden among worst

Nancy Krause — Mon, 05 Oct 2009 19:09:29 GMT

Rhode Island has found itself toward the bottom of yet another economic study. This one puts the Ocean State among those with the heaviest property tax burden in the country.

RI gas prices falling with the leaves

Mon, 05 Oct 2009 15:00:58 GMT

Gas prices have fallen for the fifth straight week in Rhode Island, and are now down to $2.54 a gallon on average by one measure.

RI goes after tax scofflaws

Mon, 05 Oct 2009 14:48:07 GMT

The Rhode Island Department of Revenue is using advanced technology to track down companies and workers who are not paying state taxes.