Business

Rhode Island Secretary of State Ralph Mollis is warning local businesses about a scam.  A letter that appears to come from the state asks businesses to fill out a form and pay a $125 document fee.  The notification claims to be coming from the “Rhode Island Corporate Compliance” office.   Secretary of State Ralph Mollis says this letter is not legitimate.

Do you have insight or expertise on this topic? Please email us, we'd like to hear from you.  news@ripr.org

Cab stand workers at Boston’s Logan Airport are accused of corruption.  Five men are being arraigned Wednesday on charges of taking bribes.

Cabs operating legally at Logan report to a taxi pool where they are dispatched to terminal cab stands in order.  Prosecutors claim the cab stand workers collected between $20 and $40  from any cab driver who wanted to cut in line.  Longer-distance fares would also be steered to some of the cabbies.

Some of the drivers told investigators this system nearly doubled their daily earnings.

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for a weekly business segment we're calling "The Bottom Line." Each Friday it looks at business news and themes that affect local business and the public.

This week Dave and Mark talk with architect and developer Steve Durkee. A RISD grad, Durkee discusses the need to bringing more residential space to downtown Providence.

When to Listen

You can hear The Bottom Line each Friday at 5:50pm.

A group trip is being organized for Rhode Island businesses who are interested in doing business with China, as well as those already doing so.   The Rhode Island Economic Development Corporation is organizing a trip for the last two weeks in April.  

The E-D-C says business appointments with Chinese companies will be arranged and informational briefings will be given to participants.

For more information click here.

What's your job? Really? That's the question Planet Money asked on Twitter yesterday. Here are a few of their favorite answers.