AGP Executive Report
Last update: 2 hours agoHasbro’s Exit: The toymaker is moving its headquarters from Pawtucket to Boston. CEO Chris Cocks cited the talent pool and mocked Pawtucket’s lack of places to eat, drawing criticism as Rhode Island leaders’ efforts to keep the company fell short. On the Ballot: Rhode Island voters will decide whether to approve a $120 million housing bond, with projects expected to start in 2028. The treasurer’s race is also focused on whether the state should restore pension benefits cut in a 2011 overhaul. Medicaid Fraud Case: Seven people were indicted in an alleged scheme to bill Medicaid for about $2 million. Prosecutors say patient notes were generated with AI months after services were supposedly provided; the charges have not been proven. Meta Lawsuit: Rhode Island is the first state to sue Meta, alleging scam ads on its platforms exposed users to fraud and generated revenue for the company. State Economy: A URI economist says Rhode Island is still making progress out of recession, while the R.I. Infrastructure Bank has secured $38.7 million for lead-pipe replacement.
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