Rhode Island

Emerging from Chapter 9 bankruptcy without a bond default is a credit positive for Central Falls and other Rhode Island municipalities, according to Moody's.

Rhode Island General Treasurer Gina Raimondo and Attorney General Peter Kilmartin have launched a hotline to report disability fraud abuse.

Whether Central Falls, R.I.'s bankruptcy reorganization could serve as a national model, as its presiding judge suggested, remains an open question.

Keith Stokes, who resigned as executive director of the Rhode Island Economic Development Corp. in the aftermath of the 38 Studios loan default, re-emerged as president of a lobbying organization.

The chief executive of the Rhode Island Public Transit Authority is on paid administrative leave while state police examine the agency's internal records.

A federal court on Thursday afternoon approved the reorganization plan and subsequent bankruptcy exit for Central Falls, R.I., only 13 months after it filed.

Moody's on Tuesday changed its outlook on Woonsocket, R.I. to negative while confirming its B2 general obligation bond rating.

Rhode Island's Economic Development Corp., whose $75 million loan guarantee to company 38 Studios has taxpayers on the hook, took a step toward legal action.

Central Falls, R.I., could exit Chapter 9 next week after a mere 13 months. Its quick march does not surprise the city's bankruptcy attorney, Ted Orson.

In an interview at the state capitol in Providence, Rhode Island Gov. Lincoln Chafee discusses challenges cities and towns face in the nation's smallest state.

Rhode Island will receive more than $3.3 million in federal funds to help replace the Pawtucket River Bridge on Interstate 95 in Pawtucket.

Casino operators, Native American and commercial alike, are scrapping for market share. Competition is keener, discretionary dollars are fewer in a still-down economy and several states are scrambling to snare or preserve gambling revenue.

The bankruptcy case of video game company 38 Studios will move to Rhode Island, after that state's Economic Development Commission and trustee Bank of New York Mellon got Delaware court approval to seize its assets.

A recent analysis of tax data shows that Rhode Island job growth exceeded original estimates for the first quarter of 2012, according to the state's Department of Labor and Training.

The Providence, R.I., City Council on Thursday backed Mayor Angel Taveras' proposed bond referendum on $40 million worth of citywide street and sidewalk paving.

Rhode Island State Sen. James Sheehan, D-Narragansett, called for major changes in the governance structure and responsibilities of the Rhode Island Economic Development Corp.

Rhode Island's Investment Commission on Wednesday chose BNY Mellon as its custodian bank for the state's assets of roughly $8 billion, General Treasurer Gina Raimondo announced.

Gov. Lincoln Chafee sees Peter Marino's hiring as a crucial piece to the Ocean State puzzle.

The former fiscal advisor to the Rhode Island Senate will oversee an office whose creation Gov. Lincoln Chafee sought in his budget proposal.

Gov. Lincoln Chafee's executive order to form a task force on shared services among Central Falls, Pawtucket and East Providence is a credit positive for those stressed Rhode Island cities, according to Moody's Investors Service.