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Monday, June 25, 2018
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Chris Bergenheim

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Coastway stockholders approve HarborOne’s acquisition

WARWICK – Stockholders of Coastway Bancorp. Inc. overwhelmingly approved HarborOne Bancorp Inc.’s acquisition of the company, voting 3.1 million to 13,607 in favor of...
GINA M. RAIMONDO signed the $9.6 million budget passed by the General Assembly. / PBN FILE PHOTO/NICOLE DOTZENROD

Raimondo signs $9.6B budget for fiscal 2019

PROVIDENCE – Gov. Gina M. Raimondo signed the fiscal year 2019 $9.6 billion budget, passed by the General Assembly, Friday.The general revenue total in...
THE HERITAGE BUILDING, located at 321 South Main Street, Providnece, was sold for $6.5 million. / COURTESY MOTT & CHACE SOTHEBY'S INTERNATIONAL REALTY

Heritage Building sells for $6.5M

PROVIDENCE – The commercial property at 321 South Main St., Providence, known as the Heritage Building, was sold for $6.5 million, according to Mott...
QUARTER TO QUARTER, Rhode Island personal income increased at an annualized rate of 3.7 percent, ranking no. 42 in the nation in the first quarter 2018. Ocean State personal income increased 2.1 percent year over year. / COURTESY BEA

BEA: R.I. personal income up 2.9% in Q1

PROVIDENCE - Personal income in Rhode Island increased 2.9 percent year over year in the first quarter, according to the Bureau of Economic Analysis...
THE GENERAL ASSEMBLY has approved a $9.6 billion budget to be sent to Governor Gina M. Raimondo to sign. / PBN FILE PHOTO/NICOLE DOTZENROD

General Assembly approves $9.6B budget for FY 2019

PROVIDENCE – The General Assembly passed a $9.6 billion fiscal year 2019 budget Wednesday that, among many things, provides for the legalization of gambling...
THE AMERICAN MEDICAL ASSOCIATION announced that it is opposed to the CVS Aetna merger on the grounds that the deal would have anti-competitive effects on the health care industry, driving up patients' costs and reducing access to health care. CVS disagreed with the AMA's conclusions. / BLOOMBERG FILE PHOTO/CHRISTOPHER LEE

AMA opposes CVS-Aetna merger

PROVIDENCE – The American Medical Association has concluded the merger between CVS Health Corp. and Aetna Inc. would be detrimental to the health care...
MIKE BRANDMEIER, president and CEO, Toray Plastics (America), Inc., accepts a Virginia state flag from Angela Navarro, Deputy Secretary of Commerce and Trade of the Commonwealth of Virginia, during a ribbon cutting at Toray’s PEF Division in Front Royal. / COURTESY TORAY PLASTICS (AMERICA) INC.

Toray Plastics (America) completes $40M expansion in Virginia

NORTH KINGSTOWN – Toray Plastics (America) Inc. completed a $40 million expansion at its PEF Division in Front Royal, Va., the company announced Wednesday.The...

Women’s Fund of Rhode Island awards $50K in grants to 6...

PROVIDENCE – The Women’s Fund of Rhode Island announced $50,000 in grants for six organizations Tuesday.The grants are for proposals to advance gender equity...
R.I. HOUSING executive director Barbara G. Fields said that it's a great time to buy a home in Rhode Island. The quasi-state agency set a new record for first-quarter mortgage loan volume. / PBN FILE PHOTO/RUPERT WHITELEY

R.I. Housing funds 523 mortgages in Q1 for volume over...

PROVIDENCE - R.I. Housing and Mortgage Finance Corp. financed 523 mortgages via its in-house loan center channels and with participating lenders in the first quarter...
MORE THAN $566 million of property is at-risk for chronic flooding by 2045, according to a new report from the Union of Concerned Scientists. / PBN FILE PHOTO/BRIAN MCDONALD

Report: Flooding due to sea-level rise could affect $566.5M worth of...

PROVIDENCE – By the year 2045, $566.5 million worth of property in Rhode Island could be at risk for chronic flooding due to sea-level...
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