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The iconic Industrial Trust Tower in downtown Providence is empty for the first time in 85 years. Developers want to turn it into luxury apartments — and want the state and city to pay for it. But Providence — like the rest of Rhode Island — faces its own economic problems, as well as a recent failed investment.
The deal for the blogging site is designed to attract younger users to the ailing Web portal. The Wall Street Journal is basing its report on unnamed sources close to the situation.