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INNOVATOR Q&A

5 innovators to watch in R.I.’s life sciences industry

Rhode Island’s life sciences are already starting preclinical spinoffs, creating apps for specific patient populations, and conducting ground-breaking medical research. Here’s a look at a few we’ve featured recently.

Latest R.I. Business Headlines

RI BUSINESS

Prospect Medical takes next step to unload R.I.-based hospitals

The parent company of Roger Williams Medical Center and Our Lady of Fatima Hospital has submitted a proposal to state regulators strike a deal with The Centurion Foundation, an Atlanta-based nonprofit.
RI MEDIA

After tumultuous period, ABC6 sale is off

The development caps a difficult period for the Providence station WLNE-TV, which has long been in third place in the ratings for this market.
RHODE MAP

Could Breeze Airways put the ‘international’ in T.F. Green International Airport?

Breeze Airways president Tom Doxey talked about the airline's arrival in R.I., its plans for international expansion, and ... stuffies.

RI BUSINESS
Tidewater Landing’s Brett Johnson on what went wrong, and how he’s trying to make it right
The founder of Fortuitous Partners and an owner of Rhode Island FC talks about bridging the financial gap for the soccer stadium in Pawtucket, his other business ventures, and stoppage time drama.

TRANSPORTATION
New proposal scales back RIPTA overhaul plan
This afternoon, the Senate Finance Committee is set to hear the original proposal to put RIPTA under RIDOT, as well as a new plan that would make RIDOT’s director chair of RIPTA’s board.

RI COURTS
R.I. sues manufacturers for PFAS ‘forever chemicals’ contamination
“The burden of this enormous cost should be borne by the companies who made, marketed, and sold these products at great profit, while hiding their true dangers,” said Attorney General Peter F. Neronha.

RHODE MAP
Fidelity gives Bryant a building to expand its Smithfield campus
The 250,000-square-foot building and 30 acres will become the new home of the university's College of Business.

More Rhode Island Business Headlines

RI POLITICS

Hospitals in R.I. have tenants that are not exempt from real estate taxes. Lawmakers say it’s time for them to pay.

Up for a vote in the House on Thursday, proposed legislation would require businesses that are not tax exempt – but are renting space in nonprofit buildings – to pay property taxes.

COMMENTARY | KATE TOKARSKI

R.I. Assembly should pass bills to count co-pay assistance toward a patient’s insurance deductible

Medications can be expensive, and the out-of-pocket costs significant. Proposed legislation would require that any third-party assistance count toward a patient’s deductible or maximum out-of-pocket costs.

COURTS

48 states, D.C. file lawsuit against Avid Telecom over billions of illegal robocalls

The complaint alleges that Avid Telecom sent or attempted more than 24.5 billion calls nationwide, among them, 25 million calls to numbers in Rhode Island.

RI BUSINESS

Citizens Financial to pay $9m to settle consumer-protection lawsuit

A consumer watchdog alleged in a 2020 lawsuit that the Providence, R.I.-based bank violated consumer-protection laws, including the Truth in Lending Act.

RHODE MAP

R.I. is bracing for a potential federal default

What would happen in Rhode Island if the debt ceiling fight isn't resolved? State officials are preparing for the worst.

RI BUSINESS

With customers pinched by inflation, Hasbro CEO regards competitors as ‘more Unilever and General Mills’ than toy makers

Almost a year and a half after he took over the company, Hasbro CEO Chris Cocks also said he is doubling down on his focus on gaming products and collectables geared toward older audiences.

RI BUSINESS

Could Rhode Island become New England’s next life sciences hub?

R.I. Speaker Shekarchi introduced legislation this week to create a quasi-public corporate body and agency of the state for the life sciences. R.I. biotech leaders say the building out the infrastructure to grow the industry is much needed.

INNOVATOR Q&A

Will R.I.’s overdose prevention center counter overdose deaths amid the opioid epidemic?

A Brown professor who studies the impact of overdose prevention centers hypothesizes that the nation’s first state-led effort in Providence could be an effective strategy to help mitigate the overdose crisis and save lives.

RI Business Briefs

Rhode Island business news: March 2022