Rhode Island

The Rhode Island Infrastructure Bank closes $6 million in loans for repair projects through the municipal road and bridge revolving fund.

Veteran banker Jeffrey Diehl will direct the nascent Rhode Island Infrastructure Bank, its board of directors announced.

Rhode Island Commerce Corp., whose predecessor agency the SEC charged with defrauding investors in the 38 Studios bond fiasco, says the filing parallels its own clawback attempts.

The Securities and Exchange Commission on Monday charged a Rhode Island agency, its underwriter, and three individuals associated with $75 million of 2010 bonds for a startup video game company with defrauding investors by not revealing the complete financial status of the company or the extent of the compensation arrangement with the underwriter.

Establishing a debt management bureau within his office will make Rhode Island more self-sufficient in that practice, said state Treasurer Seth Magaziner.

Rhode Island Gov. Gina Raimondo named Providence Equity Partners executive Robert S. Hull to lead the Department of Revenue, pending state Senate approval.

Rhode Island Gov, Gina Raimondo signs a sweeping $500 million bridge-and-road improvement bill that includes a controversial tolls for large trucks.

Rhode Island received 27 applications for an initial $25 million in Efficient Building Fund financing, says state General Treasurer Seth Magaziner.

Rhode Island Gov. Gina Raimondo continued her theme of jobs and economic development in submitting her $9 billion budget for fiscal 2017, which includes $230 million in bond requests.

Rhode Island Treasurer Seth Magaziner has been named 2016 financial literacy committee chairman for the National Association of State Treasurers.

Rhode Island Gov. Gina Raimondo is scheduled to deliver her annual budget address with jobs, economic development and truck tolls her expected focus.

Former Providence Mayor ‘Buddy’ Cianci, who oversaw a revival of Rhode Island’s capital city but also served five years in prison, dies at age 74.

Without new growth drivers, Rhode Island's economy will continue to drift, according to a report by think tank Brookings Institution.

Rhode Island Senate Finance Committee Chairman Daniel Da Ponte filed a bill that would require a limit for total bonded debt for state government, quasi-public and municipalities.

A report critical of Gov. Gina Raimondo's plan to toll trucks on Rhode Island's interstate highways stems from a trucking industry agenda, says a Raimondo spokeswoman.

Gov. Gina Raimondo’s plan to impose highway tolls on trucks in Rhode Island is based on faulty revenue projections, said a trucking industry-commissioned study.

Gov. Gina Raimondo named Richard Culatta, a former senior advisor to former U.S. Secretary of Education Arne Duncan, as Rhode Island’s first chief innovation officer.

Former Rhode Island House finance committee chairman Steven Costantino is scheduled to testify before an oversight panel about his role in the passage of the job creation guaranty program that provided a $75 million loan to failed video game company 38 Studios.

State Treasurer Seth Magaziner and revenue official Paul Dion will discuss tax credit programs before Rhode Island’s House Oversight Committee in its latest 38 Studios-related hearing.

Early projections of diminished revenues at Plainridge Park Casino say little about the industry’s long-term viability in Massachusetts, said gaming chief Stephen Crosby.