Saturday, January 28, 2023

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Featured Story

McKee’s sales tax cut too small to matter much, some observers...

Gov. Daniel J. McKee's proposal to cut the state's sales tax from 7% to 6.85% is getting a tepid reception from policy analysts and...

PBN Weekly Update

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HASBRO INC. announced Thursday that it is laying off 1,000 people, a process that is expected to start in several weeks. / PBN FILE PHOTO

Hasbro to lay off 1,000 people; impact in R.I. unclear

PAWTUCKET – Toymaker Hasbro Inc. announced Thursday that it is cutting about 1,000 jobs as part of moves announced last year to save up...
GERARD CATALA, former Providence City Council candidate and the president of the Providence NAACP, was arraigned Thursday on two charges of failing to file campaign finance reports during election season last year. / PBN FILE PHOTO

NAACP Providence president charged with campaign finance violations

PROVIDENCE – A former Providence City Council candidate and newly elected president of the city’s chapter of the NAACP has been charged with violating...

U.S. News: R.I. 2nd most-at-risk state for identity theft

PROVIDENCE – Rhode Island ranked second in the nation for highest risk of identity theft crimes, according to a new U.S. News and World...

Average long-term mortgage rate at lowest level in 4 months

The average long-term U.S. mortgage rate fell to its lowest level in more than four months, giving some relief to homebuyers faced with higher...
KARL WADENSTEN, second from left, CEO and president of VIBCO Inc., makes a point during the panel discussion at Providence Business News' 2023 Economic Trends Summit in Providence on Thursday. Also on the panel is, from left, Thomas Tzitouris, head of fixed income research at Stratgas; Peter R. Phillips, senior vice president and chief investment officer at Washington Trust Wealth Management; Julietta Georgakis, chief of staff for the R.I. Executive Office of Commerce; and Kevin Casey, vice president of sales at Sweeney Real Estate & Appraisal. At far right is PBN Editor Michael Mello, the moderator. / PBN PHOTO/MIKE SKORSKI

PBN summit panel: Economic indicators say recession coming in 2023

PROVIDENCE – In many ways, the party is over. At least that's the way the panelists at Providence Business News’ Economic Trends Summit on Thursday...

U.S. Army Corps of Engineers to spend $1M to study Fox Point Hurricane Barrier

PROVIDENCE – Efforts to keep Providence’s iconic flood barrier on top of rising waters will get a $1 million boost from the U.S. Army...
CONFIRMED CASES of COVID-19 in Rhode Island increased by 1,471 from Jan. 15 to Jan. 21, with nine new deaths, the R.I. Department of Health said Thursday. / COURTESY R.I. DEPARTMENT OF HEALTH

R.I. COVID-19 cases increased by 1,471 last week, with 9 new deaths

PROVIDENCE – Confirmed cases of COVID-19 in Rhode Island increased by 1,471 from Jan. 15 to Jan. 21, with nine new deaths, the R.I....

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PBN Print Edition

Cover Story

SCHOOL DAZE: RIC searches for identity amid severe enrollment drop

Erik Christiansen didn’t know much about Rhode Island College when he agreed to take a job teaching history there in 2010. The Maryland native quickly fell in love with the bustling suburban campus, filled with eager students and enthusiastic faculty members, many of whom, like him, turned down offers from elite, private colleges because they wanted to help RIC’s large...

Previous PBN Cover Stories

Johnson & Wales University is Training the Cybersecurity Leaders of Tomorrow

Did you know that phishing attacks make up over 80% of reported cybersecurity breaches? More than $17,700 is lost every 60 seconds because of...

Why Diversity Matters

Diversity widens viewpoints and takes different ideas and perspectives into account. This can translate into creating richer solutions, obtaining better results and maximizing productivity, innovation...

ERP implementation: The 5-step methodology you need to go live without a hitch

ERP implementation. Two words that make even the most seasoned business leaders sweat. With an undertaking this complex and daunting, it is imperative to...

BankNewport Names Brennon Viola as Cash Management Sales and...

BankNewport is pleased to announce that Brennon Viola has been named cash management sales and service officer. In his new position, Viola provides tailored...

BankNewport Names Alison K. Hanson as Vice President, Retail...

BankNewport is pleased to announce that Alison K. Hanson has been named vice president, retail operations team lead. In her new position, Hanson oversees...

BankNewport Names Matthew Colasanti as Vice President, Residential Loan...

BankNewport is pleased to announce that Matthew Colasanti has been named vice president, residential loan officer. In his new position, Colasanti originates residential loan...

RDW Group Hires Industry Veteran Martin Walsh as Creative...

Providence-based marketing agency RDW Group today announces the hiring of Martin Walsh as its creative director. Walsh, a 30-year veteran of the advertising industry,...

DiSanto, Priest & Co. Promotes Three New Partners

Warwick, RI – January 18, 2023 – DiSanto, Priest & Co. is pleased to announce the promotion of three new partners; Bernadette Dion, CPA,...

Beacon Mutual Announces 7 Percent Policyholder Dividend

The Beacon Mutual Insurance Company today announced the distribution of an average seven percent dividend to be paid in March 2023 to eligible policyholders. “As...

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