Professional Services
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Unemployment in Rhode Island slid one-tenth of a percentage point in May to a seasonally adjusted 8.2 percent, down from 8.3 percent in April, the R.I. Department of Labor and Training reported Thursday. Last month also represented the first time since April 2013 that the state’s civilian labor force improved on both a month-over-month and year-over-year basis. more
Regional and state unemployment rates changed little in September, according to the U.S. Bureau of Labor Statistics, and Rhode Island is an example, as it has maintained a 7.6 unemployment rate since August. more
Before the Great Recession took hold in 2009, a group known here as Professional Women in Building had 20 members. By 2012, that number had plummeted to seven. more
Economic growth continued in the third quarter, but the pace was not as fast, according to the Rhode Island Current Economic Indicator, which showed growth at 2.3 percent in the third quarter, compared with 3 percent in the second quarter, according to the Rhode Island Current Economic Indicator briefing released Monday. more
Coastway Bankcorp Inc. became a publicly traded commodity on the Nasdaq stock exchange this year, retaining William A. White in the top position as president, director and CEO. Originally organized as a credit union in 1920 and converted to a community bank and mutual holding company in 2009, Coastway has nine local branches in Cranston, Providence, Warwick, East Providence, East Greenwich and Lincoln. more
As Santander Bank’s new commercial markets director for New England, Ken Martin is at the epicenter of intense competition in the financial marketplace. He oversees commercial-business relationships among companies in New England with revenue of up to $500 million. Martin heads commercial teams with a combined 110 banking professionals, about 30 of whom are based in Rhode Island. more
Karisa Tashjian, originally from Chester Springs, Pa., gravitated to work in literacy. After studying at Clark University, she moved to Maryland and volunteered to tutor a Korean woman in English. more
A Northeast college once brought in John V. Carvalho III, president and CEO of Apollo Safety, in the middle of the night after a minor toxic gas leak forced evacuation of a building. more
Restivo Monacelli LLP has acquired Foxboro, Mass.-based certified public accounting firm Kennedy & Associates PC to establish a presence in Massachusetts, according to firm partner Steven E. Monacelli. more
Forum-selection clauses – an agreement between parties that any dispute arising from their contract will be litigated in a specific forum – are often found in commercial contracts. more
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