Updated May 28 at 12:28pm
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Jamie Dufresne has been named executive director of the North Central Chamber of Commerce. more
Orders for capital equipment rose in April for a second straight month, a sign U.S. business investment could pick up in the second half of the year. more
Rhode Island ranked last among the states and the District of Columbia for employment growth among women-owned businesses between 1997 and 2015, and also ranked second to last for combined economic clout, according to a report from American Express OPEN. more
Citizens Financial Group Inc. last week donated a renovated, mortgage-free house to a Rhode Island combat-wounded military veteran and his family. The house, arranged through the Military Warriors Support Foundation, was renovated by Citizens Bank colleagues and donated as part of the bank’s “ongoing commitment to supporting those served our country.” Retired U.S. Army specialist Joshua Bacon, a combat engineer with the 41st Engineering Company, was awarded the house. Bacon sustained multiple injuries in 2009 while deployed in Afghanistan, according to the release. “First and foremost my family and I would like to say ‘thank you’ to Military Warrior Support Foundation and Citizens Bank for such a generous act of kindness,” Bacon said in a statement. “Receiving a mortgage-free home will create opportunities for my family not just now, but for generations to come.” Brad Conner, vice chairman and head of consumer banking at Citizens Bank, said in a statement the bank was honored to provide the home for Bacon and his family. “At Citizens Bank our colleagues are committed to supporting the communities where we live and work and are truly excited to have helped refurbish this home for Joshua and his family,” Conner said. In addition to the Warwick house, Citizens also gave Bacon $5,000 gift cards to purchase items for the home. Also attending the house-donating ceremony were Citizens Rhode Island president Marc Paulhus, Citizens Rhode Island market executive Barbara Cottam and Warwick Mayor Scott Avedisian, according to the release. more
Newly elected president, CEO and chairman of Centreville Bank discusses his plans for his new role. more
Allstate Insurance Co. is looking to grow the number of its agents in Rhode Island by 18 percent. more
The American Institute of CPAs last week recognized Warwick-based CPA firm DiSanto, Priest & Co. for its community commitment, according to a press release. more
Meeting minutes released last week from April’s Federal Open Market Committee gave weight to widespread reservations that short-term interest rate would increase by midyear. more
Skills typically taught through the humanities and liberal arts are vital for the job hunt in Rhode Island, a new study undertaken by participants in the Collaborative suggests. more
“People with substance use disorders are best served when their overall health is emphasized and evidence-based methods of prevention and treatment are utilized,” said Maria Montanaro, director of BHDDH. more
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