Chris Bergenheim, Author at Providence Business News

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Webster reports 25.5% profit jump for Q3

Financial Services 10/19/2017

WATERBURY, Conn. – Webster Financial Corp. on Thursday reported third-quarter profit of $64.5 million, or 67 cents per diluted share, an increase of 24.5...

OVERHEAD POWER LINES that currently cross the Seekonk River at India Point Park to East Providence waterfront will be rerouted to cross the river south of the Washington Bridge. / COURTESY THE R.I. DEPARTMENT OF TRANSPORTATION

Energy Facility Siting Board OKs relocation of power lines along Providence,...

Government 10/19/2017

WARWICK – The R.I. Energy Facility Siting Board approved a plan to relocate overhead transmission lines that currently have lattice towers in India Point...

Textron nets $159M profit in Q3 on 7.2% revenue increase

Capital Goods 10/19/2017

PROVIDENCE – Textron Inc. reported net income of $159 million for the third quarter, a 62.2 percent decline from the same 2016 period, even...

THE HUMAN RIGHTS CAMPAIGN FOUNDATION graded Providence a perfect score on the organization's 2017 Municipal Equality Index, which measures LGBTQ inclusion in municipal law, policy and services. / COURTESY HUMAN RIGHTS CAMPAIGN FOUNDATION

Report: Providence scores perfect 100 on LGBTQ equality index

Government 10/19/2017

PROVIDENCE – The Human Rights Campaign Foundation in its sixth annual Municipal Equality Index, which measures municipal LGBTQ equality, graded Providence a 100 out of a...

LOCAL 1 PERCENT Hotel tax collections increased 20 percent year over year to $503,230 in June.

Local 1% hotel tax collections up in June

Government 10/19/2017

PROVIDENCE – Local 1 percent hotel tax collections in June totaled $503,230, $83,778 more than June 2016 collections, according to the R.I. Department of...

A RECORD NUMBER of Rhode Island students took the Advanced Placement test administered by College Board in 2017. / COURTESY COLLEGE BOARD

Report: Record number of R.I. students take 2017 AP exams

Education 10/18/2017

PROVIDENCE – Rhode Island’s public high school graduating Class of 2017 saw a record number of students take one or more College Board Advanced...

115 BEAVERTAIL ROAD in Jamestown sold for $2.9 million. / COURTESY GUSTAVE WHITE SOTHEBY'S INTERNATIONAL REALTY

Jamestown waterfront home sells for $2.9M

Real Estate 10/18/2017

JAMESTOWN - A property at 115 Beavertail Road in Jamestown sold for $2.9 million, Gustave White Sotheby’s International Realty announced Tuesday. The 3,250-square-foot home features...

FALL RIVER'S U.S. Bedding Inc. ranked No. 18 on Fortune's Inner City 100, a list of the fastest-growing inner city-based companies in the United States.

Fall River company makes Fortune’s Inner City 100 list

Capital Goods 10/18/2017

FALL RIVER – U.S. Bedding Inc. has made Fortune’s 2017 Inner City 100, a list of the fastest growing inner city companies in the...

MIM L. RUNEY, the Providence campus president and chief operating officer of Johnson & Wales University, will become the new president of the Rhode Island Public Expenditure Council's board of directors and trustees on April 1, 2018. / COURTESY JOHNSON & WALES UNIVERSITY

Runey to take over as RIPEC board president in April

Nonprofit 10/17/2017

PROVIDENCE - The Rhode Island Public Expenditure Council announced that Mim L. Runey, the Providence campus president and chief operating officer of Johnson &...