Latest R.I. Business Headlines
RI BUSINESS‘I have a lot of faith’: McKee still believes Tidewater stadium project will happenR.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.
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Providence 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.
Superman 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.
‘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.
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.
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.
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.
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.