Rhode Island

While calling an $11.4 million general fund shortfall in Providence, R.I., a credit negative, Moody's praised officials for whittling down a $110 million gap.

Rhode Island Gov. Lincoln Chafee's proposed $8.2 billion budget includes a corporate tax cut and a $20 million local package to help distressed communities.

The capital markets reacted favorably when the U.S. Justice Department let two Rhode Island communities use Google settlement money to replenish pension funds.

Rhode Island Gov. Lincoln Chafee announced a transparency and accountability initiative, the goal of which, he said in an executive order, is to make more information about government operations and management available to the public.

The challenge to Rhode Island's pension overhaul law, for now, is in the hands of an independent federal mediation agency.

Gov. Lincoln Chafee appointed John "J.R." Pagliarini chief of staff to the Rhode Island Economic Development Corp., the agency under fire over its $75 million loan guarantee to 38 Studios.

Providence's agreement with police unions for pension benefit reductions is a credit positive for Rhode Island's struggling capital city, according to Moody's.

Rhode Island General Treasurer Gina Raimondo announced the hiring of Anne-Marie Fink as the state's chief investment officer and deputy treasurer of finance.

Court officials have rescheduled the sentencing date for the former mayor of Central Falls, R.I., who pleaded guilty last month to corruption charges.

Whether Rhode Island's pension law withstands a legal challenge is still uncertain, but one thing's clear: Judge Sarah Taft-Carter intends to hear the case.

Gov. Lincoln Chafee suggests settlement talks with unions over the landmark pension overhaul law, while Treasurer Gina Raimondo wants the state to stand firm.

Standard & Poor's raised its rating on Central Falls, R.I.'s general obligation debt to BB from C. The outlook is stable.

City Council member James Diossa and former police Chief James Moran advanced in a five-way special nonpartisan mayoral primary in recently bankrupt Central Falls, R.I.

Rhode Island General Treasurer Gina Raimondo has been named by Northeast Women in Public Finance as the winner of the group's annual Freda Johnson Award.

Rhode Island is suing the owner of failed video-game company 38 Studios over a $75 million loan guarantee the state's economic commission provided the company.

Rhode Island officials, speaking after Moody's Investors Service elevated the bond rating of Central Falls, envision brighter days for the once-bankrupt city.

Gov. Lincoln Chafee and the Rhode Island Economic Development Corp. approved a measure to lower the corporate income tax rate for Alexion Pharmaceuticals Inc.

Cranston, R.I., Mayor Allan Fung conveyed a sense of urgency in advance of a special City Council meeting on his proposal to reduce pension benefits for retirees.

The second scheduled auction of property belonging to Curt Schilling's failed video-game company 38 Studios will be held in Providence Tuesday.

Rhode Island's $81.4 million GO bond sale priced at the lowest cost-of-capital ever for the state, said Treasurer Gina Raimondo and lead underwriter Barclays.