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RI BUSINESS

The success of Ocean State Job Lot endures, as some retailers struggle

The troubles of retailers like Christmas Tree Shops and Bed Bath & Beyond can be a boon for Ocean State Job Lot, a closeout operation. “The amount of closeouts that seem to be available today is extraordinary,” CEO Marc Perlman said.

Latest R.I. Business Headlines

Digital finances were a boon for the legal adult industry. Now, they’re shutting out sex workers.

In an industry with a history of exploitation, access to banking can help workers build a life. But banks and digital payment platforms are excluding sex workers at a rapid clip.
RI FOOD & DINING

A modern Asian noodle bar replaces Fortnight in downtown Providence

Providence Noodle Bar is intimate, with a specific and focused menu -- and very nice prices.
RI POLITICS

Hospitals in R.I. have tenants that are not exempt from real estate taxes. Lawmakers say it’s time for them to pay.

Many tax-exempt institutions rent out a portion of their buildings to businesses, such as coffee shops, restaurants, or other for-profits that have business ties to their nonprofit landlords. But in many cases, according to the bill’s sponsors, these businesses are evading property tax payments.

RHODE MAP
5 things we learned from our interview in LA with Rhode Island FC’s Brett Johnson
Here are more details about the stadium's private financing gap, a possible development partner, the final cost, and Johnson himself.

INNOVATOR Q&A
5 innovators to watch in R.I.’s life sciences industry
Rhode Island’s life sciences are already starting preclinical spinoffs, creating apps for specific patient populations, and conducting ground-breaking medical research. Here’s a look at a few we’ve featured recently.

RI BUSINESS
Prospect Medical takes next step to unload R.I.-based hospitals
The parent company of Roger Williams Medical Center and Our Lady of Fatima Hospital has submitted a proposal to state regulators strike a deal with The Centurion Foundation, an Atlanta-based nonprofit.

RI MEDIAAfter tumultuous period, ABC6 sale is off
The development caps a difficult period for the Providence station WLNE-TV, which has long been in third place in the ratings for this market.

More Rhode Island Business Headlines

RHODE MAP

Could Breeze Airways put the ‘international’ in T.F. Green International Airport?

Breeze Airways president Tom Doxey talked about the airline's arrival in R.I., its plans for international expansion, and ... stuffies.

RI BUSINESS

Tidewater Landing’s Brett Johnson on what went wrong, and how he’s trying to make it right

The founder of Fortuitous Partners and an owner of Rhode Island FC talks about bridging the financial gap for the soccer stadium in Pawtucket, his other business ventures, and stoppage time drama.

TRANSPORTATION

New proposal scales back RIPTA overhaul plan

This afternoon, the Senate Finance Committee is set to hear the original proposal to put RIPTA under RIDOT, as well as a new plan that would make RIDOT’s director chair of RIPTA’s board.

RI COURTS

R.I. sues manufacturers for PFAS ‘forever chemicals’ contamination

“The burden of this enormous cost should be borne by the companies who made, marketed, and sold these products at great profit, while hiding their true dangers,” said Attorney General Peter F. Neronha.

RHODE MAP

Fidelity gives Bryant a building to expand its Smithfield campus

The 250,000-square-foot building and 30 acres will become the new home of the university's College of Business.

COMMENTARY | KATE TOKARSKI

R.I. Assembly should pass bills to count co-pay assistance toward a patient’s insurance deductible

Medications can be expensive, and the out-of-pocket costs significant. Proposed legislation would require that any third-party assistance count toward a patient’s deductible or maximum out-of-pocket costs.

COURTS

48 states, D.C. file lawsuit against Avid Telecom over billions of illegal robocalls

The complaint alleges that Avid Telecom sent or attempted more than 24.5 billion calls nationwide, among them, 25 million calls to numbers in Rhode Island.

RI BUSINESS

Citizens Financial to pay $9m to settle consumer-protection lawsuit

A consumer watchdog alleged in a 2020 lawsuit that the Providence, R.I.-based bank violated consumer-protection laws, including the Truth in Lending Act.

RI Business Briefs

Rhode Island business news: March 2022