Rhode Island

Public pension benefit improvements could put credit pressure on states that enact them, the rating agency said this week.

Seven out of nine ballot questions voters will face in Tuesday special election in Rhode Island are seeking funds for the development of local schools.

The Tidewater Landing project, situated on both sides of the city's waterfront, is said to be the largest development project in Pawtucket's history.

Officials in Connecticut, Massachusetts and Rhode Island say a multi-state coalition will help address the challenges of the new wind energy industry.

The oil companies had petitioned the justices to have climate change lawsuits brought by state and local governments heard in federal courts instead of state courts.

Moody's GO and issuer default rating upgrade to A3 from Baa1 follows a similar action taken by Fitch in November.

The ruling striking down Rhode Island's tolling program constrains states' efforts to solve complex infrastructure problems, the state says.

The largest of the three tranches is the $75 million Series 79-A, which are tax-exempt and carry a social bonds designation not verified by an outside party.

Debt placed through conduit Rhode Island Health and Educational Building Corp. will accelerate repairs at the Paul Cuffee School, a high school in Providence.

Democrats Erick Russell in Connecticut, James Diossa in Rhode Island and Mike Pieciak in Vermont won open-seat races for state treasurer.

Blackstone Valley Preparatory will use proceeds of the $12.7 million deal to purchase and renovate school buildings.

A Rhode Island GO deal pricing next week includes $100 million for public schools; a measure on the ballot in November would authorize $250 million more.

The Rhode Island Health and Educational Building Corporation closed an $85 million deal for schools in Johnston.

The ruling "sends a strong signal to other states that trucking is not to be targeted as a piggy bank," said the president of the Rhode Island trucking association.

The former two-term mayor of Central Falls will face Republican James Lantrop, finance director for the town of North Kingstown, in the state's Nov. 8 general election.

The referendum passed Tuesday by a 70% to 30% margin an an election with miniscule turnout.

Mayor Jorge Elorza said the reworked bond proposal was better than the larger one put before the state Legislature last year.

The pandemic, and now the spreading of the omicron variant, exposed nationwide disparities in Internet access with the transition to remote work and learning.

ICI reported $704 million of inflows, a $1.1 billion drop from the week prior, bringing the total to $76 billion year to date.

The firm’s distribution capabilities across major and mid-size institutional accounts, professionally managed retail accounts, and high net worth individual accounts is a throwback to founder Archibald Bullock Roosevelt’s vision.