Updated August 24 at 4:39pm
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Reporting its 24th consecutive quarter with year-over-year revenue growth, Webster Financial Corp., parent of Webster Bank NA, on Thursday announced its third-quarter earnings, which included net income of $51.5 million, a 2.1 percent increase. Earnings per diluted share increased 1 cent to 54 cents. more
Four separate restaurants in Newport have closed or will be closing their doors. more
As construction continues on the former power station that will make up one part of the South Street Landing project, the city of Providence is reviewing two tax stabilization … more
A groundbreaking ceremony was held recently for the College Street Apartments, a 93-unit apartment building designed by Northeast Collaborative Architects of Providence. more
PROVIDENCE – The R.I. Division of Taxation has approved final regulations that offer guidance to companies on the requirements and process for requesting three kinds of tax incentives or tax … more
Lila Delman Real Estate International recently completed the sale of 15 Freeman Parkway, on the East Side of Providence. more
Kurt Ehlers, managing director of Corvias Campus Living, spoke with Providence Business News about Corvias' partnership with Gilbane Building Co. to construct student apartment projects nationwide. more
Home Care & Hospice of New England is affiliating with Hyannis, Mass.-based HopeHealth to create what it’s calling the largest nonprofit hospice and palliative care provider in New England. more
Bank of America Corp. showed it could follow through on its plans to cut costs. Shares of the Charlotte, N.C.-based firm rose 0.8 percent to $15.64, the only gain in the 24-company KBW Bank Index. more
A 96-unit development in Burrillville is among the initial beneficiaries of a commitment by the nonprofit organization Local Initiatives Support Corp. to direct $25 million to grants, loans and equity investments in affordable housing. more
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