Rhode Island Business News

Providence Housing Market Sees Surge in Rental Prices

News Summary Providence, Rhode Island, has been identified as the third hottest housing market in the U.S., with a 12.6%…

2 weeks ago

Rhode Island Shelves Bottle Bill; New Recycling Proposal Emerges

News Summary Rhode Island's proposed bottle bill aimed at establishing a refundable deposit system has been shelved this legislative session.…

2 weeks ago

Sky Haneul Kim Wins James Beard Award for Best Chef: Northeast

News Summary Sky Haneul Kim, renowned chef of Gift Horse in Providence, Rhode Island, has been awarded the prestigious James…

2 weeks ago

Vertex Pharmaceuticals Announces Layoffs Amid Program Closure

News Summary Vertex Pharmaceuticals has revealed plans to lay off 125 employees at its Providence site due to the discontinuation…

2 weeks ago

Rhode Island Health Insurance Rate Hikes Proposed for 2026

News Summary Health insurance companies in Rhode Island are seeking significant rate increases for 2026, with proposals ranging from 20%…

2 weeks ago

Rhode Island’s $14.3 Billion State Budget Unveiled with Tax Changes

News Summary Rhode Island lawmakers have proposed a $14.3 billion budget for the fiscal year 2025-26, which includes various tax…

2 weeks ago

Rhode Island Proposes New Tax on High-End Properties

News Summary Rhode Island is considering a new tax targeting non-owner-occupied vacation homes valued over $1 million, dubbed the 'Taylor…

2 weeks ago

Veolia North America Takes Over Jamestown Water Treatment Plant Operations

News Summary Veolia North America has secured a three-year contract to operate the Jamestown Water Treatment Plant in Rhode Island,…

2 weeks ago

Vertex Pharmaceuticals Announces Layoffs in Rhode Island

News Summary Vertex Pharmaceuticals has revealed plans to lay off 125 employees in Rhode Island, effective August 5, as the…

2 weeks ago

Rhode Island Real Estate Market Hits Record High

News Summary Rhode Island's real estate market has seen a remarkable surge, with the median price of single-family homes reaching…

2 weeks ago