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Providence startup Swipely secures $12M

By Dan McGowan, WPRI.com Reporter — Tue, 21 May 2013 21:04:41 GMT

The payment processing company founded by one of the state’s best-known tech entrepreneurs has secured $12 million in venture capita to help fund its expansion.

Unemployment rate in RI falls to 8.8%

By Ted Nesi, WPRI.com Reporter — Thu, 16 May 2013 18:05:23 GMT

Rhode Island's unemployment rate fell to 8.8% in April, the lowest level in four and a half years, new data released Thursday shows.

5/19: ShapeUp CEO on 'social wellness'

Wed, 15 May 2013 22:06:28 GMT

This week: Dr. Rajiv Kumar, co-founder and CEO of ShapeUp Inc. and founder of Shape Up Rhode Island.

Caprio eyes return, regrets 'shove it'

By Ted Nesi, WPRI.com Reporter — Tue, 14 May 2013 21:32:35 GMT

In his first television interview since losing the 2010 race for governor, the former treasurer said he regrets his infamous comment about President Obama and wants to return to office.

Judge OKs Skechers settlement

Tue, 14 May 2013 16:18:39 GMT

A federal judge approved a $40 million class-action settlement Monday between Skechers USA Inc. and consumers who bought toning shoes after ads made unfounded claims that the footwear would help people lose weight and strengthen muscles.

EngageRI raised $900K over last 2 years

By Ted Nesi, WPRI.com Reporter — Mon, 13 May 2013 19:19:36 GMT

Engage Rhode Island has raised slightly more than $900,000 since it was formed in 2011 to help advocate for Treasurer Gina Raimondo's pension overhaul.

Chafee backs Internet sales tax bill

Wed, 08 May 2013 15:58:05 GMT

Gov. Lincoln Chafee is calling for the U.S. House of Representatives to pass a law that would limit tax-free shopping on the Internet.

5/5: Verizon in RI; a new coffee syrup

Wed, 01 May 2013 21:28:20 GMT

This week: Verizon executive Donna Cupelo discuss its RI presence; Dave's Coffee CEO David Lanning on his new syrup.

Westerly Hospital lays off 45 employees

Wed, 01 May 2013 17:25:54 GMT

Forty-five employees of Westerly Hospital have received layoff notices in advance of the building's sale to Lawrence + Memorial Hospital.

Raimondo campaign war chest hits $1.7M

By Ted Nesi, WPRI.com Reporter — Wed, 01 May 2013 14:19:58 GMT

Treasurer Gina Raimondo continued to raise campaign cash at a rip-roaring pace during the first three months of 2013, far outpacing the other leading candidates for the state's top job.

Kennedy pal is first out gay NBA player

By Ted Nesi, WPRI.com Reporter — Mon, 29 Apr 2013 15:49:17 GMT

A former Boston Celtics player is crediting Congressman Joe Kennedy III with helping him become the first openly gay active athlete in a major U.S. sport.

Bill approved to end airport delays

Fri, 26 Apr 2013 16:21:30 GMT

Congress easily approved legislation Friday ending furloughs of air traffic controllers that have delayed hundreds of flights daily, infuriating travelers and causing political headaches for lawmakers.

RI businesses back internet sales tax

Fri, 26 Apr 2013 11:53:24 GMT

Local businesses says a bill now being considered in Congress that would end tax-free shopping online would help them right here in Rhode Island.

House Dems: Revamp EDC to fix economy

By Ted Nesi, WPRI.com Reporter — Thu, 25 Apr 2013 19:11:04 GMT

House Democrats led by Speaker Fox proposed a major overhaul of state economic agencies as part of a sweeping legislative package to fix the economy.

Landmark same-sex marriage vote at hand

By Ted Nesi, WPRI.com Reporter — Tue, 23 Apr 2013 19:21:55 GMT

Rhode Island moved another step closer to legalizing same-sex marriage on Tuesday as a key legislative panel approved allowing gays and lesbians to wed.

Unemployment in RI inches down to 9.1%

By Ted Nesi, WPRI.com Reporter — Thu, 18 Apr 2013 18:13:55 GMT

Rhode Island's unemployment rate has fallen to the lowest level since late 2008 as the state's work force keeps shrinking, new data shows.

Docs reveal who bought 38 Studios bonds

By Ted Nesi, WPRI.com Reporter — Wed, 17 Apr 2013 21:56:14 GMT

USAA and Transamerica bought more than half the $75 million in bonds Rhode Island backed to benefit Curt Schilling’s 38 Studios, Target 12 has discovered.

Old power plant could be nursing school

By Ted Nesi, WPRI.com Reporter — Thu, 11 Apr 2013 18:58:32 GMT

A long-discussed new state nursing school or Brown University could fill the decaying former Narragansett Electric Co. Lighting House complex in the heart of Providence's Jewelry District.

Brown gets $44M to expand engineering

By Ted Nesi, WPRI.com Reporter — Wed, 10 Apr 2013 16:00:00 GMT

Brown University has received $44 million in new donations as a down payment on construction of a new home for its three-year-old School of Engineering.

4/14: Brown prof's 'austerity' warning

Wed, 10 Apr 2013 09:00:00 GMT

This week: Mark Blyth, author of "Austerity: The History of a Dangerous Idea" and professor of international political economy at Brown University.

Chafee is most unpopular governor in US

By Ted Nesi, WPRI.com Reporter — Tue, 09 Apr 2013 16:55:59 GMT

Political analysts say Chafee still has a chance to win a second term next year despite having the lowest job approval in the country.

4/7: PawSox and baseball as a business

Fri, 05 Apr 2013 21:27:51 GMT

This week: Pawtucket Red Sox executives Mike Tamburro and Lou Schwechheimer discuss the start of a news season.

Fung 'taking a serious look' at gov run

By Ted Nesi, WPRI.com Reporter — Thu, 04 Apr 2013 23:28:16 GMT

"I really enjoy the chief executive's job, and I am taking a serious look at the gubernatorial race," Fung, a Republican, told WPRI 12 in an interview.

EDC: Schilling suit should go ahead

Mon, 01 Apr 2013 20:27:23 GMT

Rhode Island's economic development agency says there is "crushing evidence" that former Boston Red Sox pitcher Curt Schilling and others concealed financial information about his now-defunct video game company and that its suit against them should be allowed to move ahead.

Gas prices drop by a penny in RI

Mon, 01 Apr 2013 19:00:43 GMT

Gasoline prices have dropped by another penny in Rhode Island.

Poll: 46% in Providence 'not religious'

By Ted Nesi, WPRI.com Reporter — Mon, 01 Apr 2013 13:49:52 GMT

A new poll shows religiosity is waning in Southern New England four centuries after the devout pilgrims arrived on the Mayflower.

3/31: N. Grid's plans for RI, 195 land

Wed, 27 Mar 2013 19:06:02 GMT

This week: Timothy Horan, Rhode Island president of National Grid, discusses lessons learned from Tropical Storm Irene and the utility's preparation for redevelopment of the old I-195.

RI Hospital owner may have to cut jobs

By Ted Nesi, WPRI.com Reporter — Fri, 22 Mar 2013 17:05:30 GMT

A Lifespan spokeswoman confirmed Friday that the hospital chain is experiencing a financial shortfall, saying its finances ran "significantly below budget" this year.

RI considers $70M fund for road repairs

By Ted Nesi, WPRI.com Reporter — Thu, 21 Mar 2013 17:17:06 GMT

Speaker Fox and Treasurer Raimondo proposed a new revolving loan fund they say will help municipalities borrow money for less to repair dilapidated roads and bridges.

3/24: O.S. Angels; Cable Car Cinema

Wed, 20 Mar 2013 19:15:38 GMT

This week: Dr. Michael Ehrlich and Timothy Ehrlich, co-founders of the Ocean State Angels; Daniel Kamil, co-owner of the Cable Car Cinema and Cafe in Providence.