About a hundred firefighters protested Monday morning outside a conference focused on distressed municipalities, where state treasurer Gina Raimondo was the keynote speaker. Inside, Raimondo applauded the cooperation it took from organized labor to make the state pension overhaul possible.
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 Coastal Medical President Dr. Alan Kurose. Coastal is the state’s largest medical network. They’re looking at ways the state’s projected aging population will affect the medical care professions and create new job opportunities.
A Brown University PhD student in epidemiology, Beth Lacy, is 28 years old. That means she’s a long way from retirement and plans to be working for decades to come. But the debate over the future of Medicare and Social Security is on Lacy’s mind even when she makes one of her regular coffee stops at the Cable Car Café in Providence.
A company that makes emergency response devices for the sick and elderly has announced plans to open a major operations center in Pawtucket. The move means 175 new jobs for the Ocean State.
Tunstall America, a provider of health care communications devices, is closing its Cranston call center and moving it to Pawtucket where it will be expanded from 75 to 250 employees. Tunstall America company spokeswoman Sarah Turner says they’re re-locating their data center from New York to Rhode Island in the process.
Rhode Island still has the highest foreclosure rate in New England but the numbers are coming down. According to Housing Works RI, foreclosure filings fell 11 percent in the fourth quarter of 2012. Filings have fallen 36 percent since 2009, when data was first available. The Mortgage Bankers Association says Rhode Island continues to lead New England in foreclosures and is tied for 7th nationwide.
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