BUSINESS
May 18, 2012 | Todd Wallack
Rhode Island, which has provided $75 million to former Red Sox pitcher Curt Schilling's troubled video game firm, may be on the hook for millions more in subsidies to the company, Governor Lincoln Chafee revealed Friday. Schilling's firm, 38 Studios LLC, has qualified for state tax credits available to film companies and video game makers, and, Chafee said, Rhode Island may have no choice but to pay them, no matter how shaky the venture's outlook seems. So far 38 Studios has qualified for $2.1 million in credits for 2011 and has applied for another $6.5 million that the state is now...
NEWS
May 12, 2012 | AP National Writer
Rhode Island is honoring veterans of the Vietnam War. A legislative committee has scheduled a Statehouse ceremony Monday to observe the 51st anniversary of the war. Speakers at the event include Gov. Lincoln Chafee (CHAY'-fee), Adjutant General Maj. Gen. Kevin McBride, House Speaker Gordon Fox and others. House Rep. Raymond Gallison says Vietnam veterans endured "agonizing and eternally haunting conditions" during the war and were not properly honored when they returned.
NEWS
May 6, 2012
The cost to Rhode Island taxpayers for free college tuition to several thousand fortunate students has more than doubled over the past five years. The Providence Journal reports ( http://bit.ly/yXauJR) that the cost for the tuition waivers was $10.6 million last year, up from $4.6 million five years ago. The waivers at the University of Rhode Island and other schools for employees in the state college system, spouses and children, covered 2,020 students five years ago and 3,428 students last year.
TRAVEL
May 9, 2012
Warren is a waterfront village in the state's smallest county, tucked between Newport and Providence, and sometimes overlooked because of its proximity to those more recognizable tourist destinations. But with more than 16 miles of shoreline, abundant recreational opportunities, and a downtown bursting with restaurants, boutiques, antique shops, historic buildings, and a thriving arts scene, it's a tiny town with a lot going on and well worth a visit by couples, singles, and families.
BUSINESS
May 18, 2012 | Steven Syre
The photo looked like a snap from the glory days: Retired Red Sox great Curt Schilling surrounded by a swarm of reporters pressing in close with notebooks and cameras. But there was nothing glorious about the scene this week, when Schilling met with Rhode Island economic officials scrambling to keep his 38 Studios computer gaming company afloat. Those state officials were already on the hook for $75 million in business loan guarantees — one of the great bonehead economic development deals of recent history — and publicly questioning whether additional aid Schilling is seeking...
NEWS
May 18, 2012 | Brian McGrory
If hypocrisy had a face, a look, a certain familiar strut, it would be that of old favorite Curt Schilling as he pushed his way through a swirling collection of reporters and photographers in Providence this week with absolutely nothing of consequence to say. Curt Schilling, mute, the one time he actually owed an explanation. Perfect. But that's a minor point, really. There's a larger hypocrisy in his failing video game venture, the one that Rhode Island state officials giddily backed to the tune of $75 million in loan guarantees, which seems to be a fancy financial...