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Tuesday, April 24, 2018

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BANCO SANTANDER SA reported net income of $2.51 billion for the first quarter of 2018, while its U.S. operations, which include Santander Bank, posted earnings of $152.7 million. / BLOOMBERG FILE PHOTO/ANGEL NAVARETTE

Santander U.S. operation posts $153M profit for Q1

Financial Services
PROVIDENCE – Banco Santander SA’s United States operations reported profit of $152.7 million (125 million euros), a more than 50 percent increase from about...
ECONOMIC BOOST: Crowds gather for the Volvo Ocean Race stopover in Newport in May 2015. According to an economic-impact report by Newport-based Performance Research, the race generated $47.7 million in total economic impact, including $32.2 million in spectator and organizational spending. / COURTESY VOLVO OCEAN RACE/
MARC BOW

PBN on WJAR-TV, April 23, 2018

Economic Activity
Every week, PBN Editor Mark S. Murphy appears on WJAR-TV NBC 10’s Coffee Break to discuss the newspaper’s most recent cover story and other...
THE MEDIAN PRICE of a United States single-family home in March increased 4.8 percent year over year to $337,200. / BLOOMBERG FILE PHOTO/TY WRIGHT

Sales of new homes in U.S. advance to a four-month high

Real Estate
NEW YORK - United States new-home sales increased in March to a four month high, mainly reflecting a surge in the West, and upward revisions...
SEN JACK F. REED announced an additional $4.5 million in Low Income Home Energy Assistance Program funds for Rhode Island, bringing the state's total allocation to about $26.9 million. / COURTESY OFFICE OF JACK F. REED

Reed announces $4.5M more in LIHEAP appropriations for R.I.

Government
PROVIDENCE – Rhode Island will receive an additional $4.5 million for Low Income Home Energy Assistance Program after the U.S. Department of Health and...
RHODE ISLAND RANKED NO. 3 in the nation in the Leapfrog Hospital Safety Grade national rankings for having 5 of 7 reviewed hospitals earn an A safety grade. / COURTESY LEAPFROG

R.I. ranks third in Leapfrog hospital safety guide with 5 A-rated...

Health Services
PROVIDENCE — Five of seven Rhode Island hospitals won A ratings from the Leapfrog Hospital Safety Grade, earning the state third place in the assessment’s nation-wide...
WESTERLY COMMUNITY CREDIT UNION was awarded Best Employer for 2018 by the Southern Rhode Island Chamber of Commerce. / COURTESY WESTERLY COMMUNITY CREDIT UNION

Southern Chamber names WCCU ‘Best Employer’

Financial Services
WESTERLY – The Southern Rhode Island Chamber of Commerce recently voted the Westerly Community Credit Union “Best Employer” for 2018, according to a press...
HAL HORVAT was recently promoted to president and chief operating officer of Centreville Bank. / COURTESY CENTREVILLE BANK

Five Questions With: Hal Horvat

Financial Services
Hal Horvat was recently promoted to president and chief operating officer of Centreville Bank.He talks with Providence Business News about the new job,...
THE ECONOMIC PROGRESS Institute will host its 10th annual policy and budget conference, dubbed “Budget Rhode Map: Paving the Way to Good Jobs,” on April 26 at the Omni Providence Hotel.

EPI to host 10th annual policy and budget conference

Financial Services
PROVIDENCE – The Economic Progress Institute will host its 10th annual policy and budget conference on April 26 in Providence.Andy Van Kleunen, CEO and...
CUSTOMERS BANK was recently named a top minority lender by the Pennsylvania Housing Finance Agency, which has offices in Rhode Island.

Customers Bank named top minority lender

Financial Services
PROVIDENCE – Customers Bank was recently named a top minority lender by the Pennsylvania Housing Finance Agency.The Pennsylvania-based bank, with offices in Rhode Island,...
THE NATIONAL CYBERSECURITY ALLIANCE has teamed up with the Better Business Bureau to urge consumers to practice “digital spring cleaning” to safeguard against identity theft and online financial crimes.

NCSA: Consumers should practice ‘digital spring cleaning’

Financial Services
PROVIDENCE – The National Cyber Security Alliance and Better Business Bureau have teamed up to urge consumers to practice “digital spring cleaning” to safeguard...

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Branded Content

A Paper Company on the Cutting Edge

When Atlantic Paper & Supply opened its doors in 1948, the world of paper supplies and janitorial products was a very different landscape. There...

Creating Value Through Process Improvement – Part 2

Prioritizing Improvements Part Two of Two-Part Series In Part 1 of this editorial, we looked at how to set goals for your process improvement initiatives. This month, we...

Creating Value Through Process Improvement – Part I

Part One of Two-Part Series Improving business processes can be a great way to increase the value of a company. As companies grow and change,...

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People on the Move

Julie Grant Promoted to Digital Marketing Manager at Discover Newport

Newport (R.I.) April 20, 2018 – Discover Newport, the official destination marketing organization for Newport and Bristol counties, has promoted Julie Grant to Digital...

Rhode Island Free Clinic Welcomes New Board Member

The Rhode Island Free Clinic announces the appointment of two new members to the board of directors, Michele B. Lederberg and Jehanne Bjornebye, Esq. Michele...

Rhode Island Free Clinic Welcomes New Board Member

The Rhode Island Free Clinic announces the appointment of two new members to the board of directors, Michele B. Lederberg and Jehanne Bjornebye, Esq....

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Press Releases

Frazier Investment Management Launches Financial Services and Investment Management Practice

Rhode Island-based financial services firm Frazier Investment Management to offer modern planning advice to entrepreneurs, businesses, families and individuals.WAKEFIELD, R.I. April 17, 2018 -...

RIMA’s Annual Breakfast & Meeting 2018 to be Held at Twin River Event Center...

The Rhode Island Manufacturers Association (RIMA), an organization dedicated to connecting Rhode Island manufacturers with the resources needed to compete and grow, is hosting...

New England Business Association names Rhode Island Quality Institute a Finalist for 2018 New...

PROVIDENCE, RI — The New England Business Association (NEBA), sponsor of the New England Innovation Awards, have announced the 2018 Finalists. NEBA selected RIQI...

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