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RHODE MAPMcKee starts to shake up the convention center board
His first two targets are the father of Helena Foulkes, his political rival last fall, and someone who supported her campaign.
Latest R.I. Business Headlines
RI BUSINESS‘I have a lot of faith’: McKee still believes Tidewater stadium project will happen
R.I. Governor Dan McKee said Thursday he remains optimistic about the Tidewater Landing soccer stadium project in Pawtucket, even after news that Pawtucket had not yet gone out for financing on a big chunk of the public’s support for it.
PROVIDENCEProvidence towing contract dispute drags up old feuds, new accusations
In a lawsuit filed in Superior Court, State Towing Service, Inc. says Providence wouldn’t pay its invoices, then awarded lucrative towing work to another company — illegally.
RI BUSINESSSuperman building developer still does not have a timeline for construction
Nearly a year after plans to fill the long-vacant Industrial National Bank building in Providence were unveiled, required agreements with state entities still have not been signed.
DEVELOPMENT
‘Bureaucratic blinders and lack of alignment with state housing goals’ are derailing housing construction in R.I., developers say
Rhode Island is an outlier in the region, some developers say, in its approach to whether the impact of the pandemic warrants extending historic tax credit contract deadlines.
RHODE MAP
A Rhode Island political power player is retiring
Armand E. Sabitoni, the general secretary-treasurer of the Laborers' International Union of North America, is stepping away after nearly 22 years.
BRIAN MCGRORY
Gannett’s CEO is getting rich by gutting a newspaper near you
Mike Reed didn’t cause the collapse of the newspaper business, but he has managed to accelerate it.
RI BUSINESS
Market challenges complicate Tidewater Landing financing
The City of Pawtucket says that it has not yet gone out for the tens of millions in bonds that will make up the bulk of the public’s portion of the support for the project. City officials had originally said that would happen months ago.

More Rhode Island Business Headlines

RI HOUSING

R.I. housing secretary says ‘all options are on the table’ for Memorial Hospital

The former Memorial Hospital in Pawtucket is still being considered to house families who are homeless, Stefan Pryor said Tuesday, though questions remain about its ownership and connection to R.I. businessman Michael Mota.

COMMENTARY | MARTHA L. WOFFORD

Colorectal cancer is highly preventable and treatable: Don’t put off getting screened

We have the tools to fight colorectal cancer, writes the CEO of Blue Cross & Blue Shield of Rhode Island, who urges all Rhode Islanders to get screened.

RI FOOD & DINING NEWSLETTER

🍳 Learn how to make this delicious Portuguese breakfast

Get tips from a pro on how to prepare a beloved breakfast: ovos com molho de tomate e cebola.

INNOVATOR Q&A

What are the health consequences astronauts face when launching into space?

A University of Rhode Island researcher is working on easing the havoc the lack of gravity has on the muscular, skeletal, and metabolic systems in space.

RI ENERGY

R.I. utility request yields single bid for offshore wind power

The sole bidder, Revolution Wind 2 — an 884-megawatt proposal from wind power developer Ørsted and utility Eversource that would be south of Martha’s Vineyard — is far from a done deal.

BUSINESS

Layoffs hit UPS facility in Warwick

The union said about 100 to 150 jobs out of around 1,500 at the facility have been affected through cuts, moves to other roles, and unrelated changes in Warwick due to a new UPS facility in Franklin, Mass.

INVESTIGATION

Mike Mota and the art of the Virtual Con

The secret behind this businessman’s success? Tireless networking, great timing — and some smoke and mirrors.

COMMENTARY | DAVID PRESTON

In the wake of the Silicon Valley Bank collapse, banks must get a lot better at transparency, and social media

The run on deposits that led to the Rhode Island Credit Union crisis bubbled quietly below the surface for weeks before exploding in 1991. The run that left the wreckage of Silicon Valley Bank in its wake a week ago was over in hours.

RI Business Briefs

Rhode Island business news: March 2022