Economy & Business

Schilling Company Can’t Make Payment; R.I. Loan Official Resigns

May 17, 2012, 10:12 AM

BOSTON — The head of the Rhode Island agency that handed out a $75 million loan guarantee to Curt Schilling’s now-financially troubled company has resigned.

Mass. Added 2,500 Jobs In April; Rate Drops To 6.3 Percent

May 17, 2012, 9:30 AM

The Massachusetts economy added 2,500 jobs last month, and the state’s unemployment rate dropped to 6.3 percent.

Schilling’s Video Game Company Facing Financial Troubles

May 17, 2012, 8:57 AM

BOSTON — Schilling met with the board of Rhode Island’s Economic Development Corporation Wednesday to discuss his company’s money problems after failing to make a $1 million loan payment to the state.

Foreclosures Again Rise In Mass.

May 17, 2012, 8:29 AM

Home foreclosures continue to rise across Massachusetts, even as they fall nationally.

Schilling’s Video Game Co. Asks R.I. For More Help

May 16, 2012, 3:28 PM

PROVIDENCE, R.I. — Former Red Sox pitcher Curt Schilling asked Rhode Island for additional help to save his video game company Wednesday, prompting state leaders to consider whether the firm is viable enough to justify further investment.

DeLeo To Facebook: ‘A Renewed Presence In Mass. Makes Sense’

May 16, 2012, 2:59 PM
Facebook founder Mark Zuckerberg at MIT in November 2011 (WBUR File)

BOSTON — House Speaker Robert DeLeo has penned an open letter to Facebook founder Mark Zuckerberg.

Boston’s WFNX-FM To Be Sold To Clear Channel

May 16, 2012, 11:54 AM

BOSTON — Independent Boston rock station WFNX-FM may soon have a new owner.

Mass. Breaks Ground On Biomanufacturing Center In Fall River

May 16, 2012, 10:10 AM

BOSTON — The Fall River center aims to help pharmaceutical startups test their production at small scale.

R.I. Officials Studying Finances Of Schilling Company

May 15, 2012, 12:00 PM
At right, former Red Sox pitcher and 38 Studios founder Curt Schilling shakes hands with a fan at Comic-Con in July 2010 in San Diego. (AP/Electronic Arts)

BOSTON — The former Red Sox pitcher moved 38 Studios to Providence from Massachusetts in 2010 after Rhode Island offered the company a $75 million loan guarantee.

Mass. House Leaders Tie Jobs Bill To Innovation Economy

May 14, 2012, 5:20 PM

BOSTON — The bill includes a new $50 million innovation investment fund to support research and development at universities and research centers where House leaders say the state’s economic strengths lie.

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