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Chris Bergenheim

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ROCKLAND TRUST'S parent company reported a profit of $51.8 million in the third quarter of 2019. / COURTESY ROCKLAND TRUST CO.

Rockland Trust parent company reports $51.8M profit in Q3

PROVIDENCE – Independent Bank Corp., the holding company for Rockland Trust Co., reported a profit of $51.8 million in the third quarter in a...
R.I. ATTORNEY GENERAL Peter F. Neronha has charged Jeffrey Britt with a felony count of money laundering related to a political mailer endorsing his client R.I. Speaker Nicholas A. Mattiello during his 2016 re-election campaign. / COURTESY OFFICE OF THE R.I. ATTORNEY GENERAL

Mattiello 2016 campaign consultant charged with money laundering

PROVIDENCE – Jeffrey Britt, a former paid consultant to House Speaker Nicholas A. Mattiello in his 2016 reelection campaign, has been charged with a...
JOE VIELE has been named executive director of the Southern Rhode Island Chamber of Commerce effective in November. / COURTESY SOUTHERN RHODE ISLAND CHAMBER OF COMMERCE

Southern R.I. Chamber names Viele executive director

SOUTH KINGSTOWN – The Southern Rhode Island Chamber of Commerce has named Joe Viele as its next executive director."I am excited to get in...
THE HOME at 288 Blackstone Blvd. in Providence has been purchased with plans for restoration. The 3-acre estate has been subdivided, with plans to develop lots facing Slater Avenue, pending final approval. / PBN FILE PHOTO/MARY MACDONALD

Couple buys Nicholson house for restoration, estate to be subdivided

PROVIDENCE – The Beresford-Nicholson Estate House, located at 288 Blackstone Blvd. and previously set for demolition, has been sold and will not be demolished,...
TEXTRON EARNED $220 million in the third quarter while revenues were $3.3 billion. / COURTESY TEXTRON

Textron revenue ticks up in Q3

PROVIDENCE - Textron Inc. reported a profit of $220 million in the third quarter, a 60.9% decline year over year, according to a company...
THE FEDERAL RESERVE Bank of Boston found signs that the regional economy is slowing despite the national economy expanding at a moderate pace. / BLOOMBERG FILE PHOTO/BRENT LEWIN

Fed: Economic growth in N.E. shows signs of slowing

PROVIDENCE – Business respondents in New England reported signs that the economy is slowing since the prior report at the start of September, according...
OVERALL U.S. retail sales declined 0.3% in September from the prior month. / PBN FILE PHOTO/MICHAEL SALERNO

U.S. retail sales unexpectedly drop in sign consumer shaky

WASHINGTON – United States retail sales unexpectedly posted the first decline in seven months, suggesting consumers are starting to become shaky as the main...
FITCH RATINGS has affirmed a BBB+ rating for the R.I. Airport Corp.'s outstanding revenue bonds and maintained a positive outlook on those bonds despite a decline in T.F. Green Airport enplanements in fiscal 2019. / COURTESY R.I. AIRPORT CORP.

Fitch affirms RIAC’s BBB+ bond rating and holds positive outlook

WARWICK – Fitch Ratings has affirmed the R.I. Airport Corp.’s BBB+ rating on $97 million outstanding revenue bonds as of June 30, the ratings...
A FEDERAL JUDGE approved a settlement that will see over $11 million granted to the members of the St. Joseph Health Services of Rhode Island Retirement Plan. Attorney Stephen Del Sesto is the court-appointed receiver and administrator of the plan. / PBN FILE PHOTO/MICHAEL SALERNO

Judge OKs settlement, St. Joseph pension plan members to get $11.2M

PROVIDENCE – A federal judge has approved a settlement agreement between the pensioners of the St. Joseph Health Services of Rhode Island Retirement Plan...
THE MORTGAGE DELINQUENCY rate in Rhode Island declined to 4.3% in July. / BLOOMBERG NEWS FILE PHOTO/DAVID CALVERT

R.I. mortgage delinquency declines in July

PROVIDENCE – The percentage of Rhode Island mortgages delinquent 30 days or more was 4.3% in July, a 0.2 percentage point decline year over...
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