Business & Economy
Local and national biz, jobs, and the economy
The Hidden Costs of Corporate Layoffs: A Quick Fix with Deep Financial Implications
Recent analysis reveals that corporate layoffs often cost far more than companies anticipate. From productivity losses to increased turnover and legal fees, the true financial impact of workforce reductions extends well beyond initial severance payouts.
How Rhode Island's New Property Tax Legislation Eases Burden on Small Businesses
Rhode Island takes a significant step towards supporting small businesses with new legislation exempting the first $50,000 of business property from tangible personal property tax. This move, while reducing state revenue, aims to stimulate local economy and attract entrepreneurs.
Safety Questions Arise After Incident at Carowinds' Fury 325 Roller Coaster
A crack in the support beam of the Fury 325 roller coaster at Carowinds amusement park prompts a shutdown and raises safety concerns. The ride's manufacturer, Bolliger & Mabillard produced the "Batman: The Dark Knight" roller coaster at Six Flags New England.
RI Cannabis Justice Coalition renews call for economic and racial justice in nascent cannabis industry
"Government officials should remember that repairing the harms of the war on drugs was a central tenet of the state’s efforts to legalize cannabis and that incoming commissioners have a responsibility to work with members of impacted communities to ensure that our state’s cannabis industry follows through on that promise."
Typo for Dunkin' promotion in Cranston offers free offer to "White" residents
That was a mistake, said a corporate spokesperson at the site when Uprise RI arrived. And the company apologizes. It appears that the promotion originally ran in White Plains, NY, and was copy pasted by the corporation for Cranston, RI. Only the person copying, pasting and editing the post accidentally left in the word "White" and only edited the word "Plains" out.
Boardman: Survey sheds light on how Rhode Island employers are responding to COVID-19
As Rhode Island continues to contend with the COVID-19 pandemic, how are employers responding? New data sheds light on this question, offering insights on Rhode Island business activity amid COVID-19 - and how it compares nationwide.
Major Merger: Lifespan, CNE, and Brown merger promises local control of care - threatens price increases
Proponents of the merger argue that consolidation will ensure that the state retains and attracts health care professionals and will lead to substantial investments into cutting-edge research programs. On the other hand, the merger risks an increase in health care costs should the merged entity capitalize on the resulting lack of competition by raising prices.
CVS funded anti-abortion Texas legislators - The Womxn Project calls for boycott
Tell them, “I live in your community. I am calling to say I won’t be spending any money at your store until CVS Health makes a public commitment to stop donating money to anti-women’s health, anti-justice politicians.”
What can be done to improve the outcomes for Black and Brown businesses in Rhode Island?
"Black and Brown businesses have been historically left behind," said Lisa Ranglin. "We're hearing that 50% of minority businesses may not survive COVID… We're talking about people, real families…" "The state of Black and Brown owned bus...
Current status of Black and Brown-owned businesses in Rhode Island? D+
"...RIBBA is looking forward to using the current focus on promoting racial justice to create greater access to capital and more equity in government procurement opportunities in the years and decades to come..." The Rhode Island Black B...