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Chris Bergenheim

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ROUGHLY 6.1% OF mortgages in Rhode Island were in negative equity in the first quarter of 2019. / BLOOMBERG NEWS FILE PHOTO/DAVID CALVERT

Report: 6.1% of R.I. mortgages ‘underwater’ in Q1

PROVIDENCE – The share of mortgaged homes that have negative equity in Rhode Island in the first quarter of 2019 was 6.1%, a decline...
OVER 25,000 single-family homes are considered at-risk to be impacted by storm surge in the event of a Category 4 hurricane in Rhode Island. Above, a machine clears sand off Atlantic Avenue in Westerly after the remnants of Hurricane Sandy battered Rhode Island’s coast in 2012. / PBN FILE PHOTO/BRIAN MCDONALD

Report: Over 25,000 homes at risk during Category 4 Hurricane in...

PROVIDENCE – If a Category 4 hurricane were to hit Rhode Island, more than 25,000 single-family homes would be at risk to be impacted...
THE PROPERTY at 238 East Shore Road in Jamestown was sold for $5 million. / COURTESY LILA DELMAN REAL ESTATE

Jamestown waterfront property sells for $5M

JAMESTOWN – The property known as Seaspray at 238 East Shore Road was sold for $5 million, according to Lila Delman Real Estate.The 3,562-square-foot...
SAVE THE BAY received $2.3 million in contributions, gifts and grants in 2018 and raised $1.6 million for an anniversary capital campaign. / COURTESY SAVE THE BAY

Save The Bay finishes fiscal ’18 in black, moves ahead on...

PROVIDENCE – Save The Bay Inc. had total revenue of $3.7 million in fiscal 2018, including $2.3 million in contributions, gifts and grants, the...
THE FED'S Beige Book for economic activity from April through mid-May said activity in New England continued to expand at a moderate pace, but noted that local manufacturers had cited tariffs and China as having impacts on their businesses. / COURTESY FEDERAL RESERVE

Feds: N.E. economy continues to expand at moderate pace, manufacturers affected...

PROVIDENCE – The New England economy continued to expand at a moderate pace from April through mid-May, according to the Federal Reserve’s Beige Book...
COLLECTION OF the 1% meal and beverage tax in Rhode Island in March totaled $2.2 million, an increase of 11.6% year over year. / COURTESY HEMENWAY’S/LUCAS PRESTON

R.I. 1% meal and beverage tax collection in March totals $2.2M

PROVIDENCE – The collection of the local 1% meal and beverage tax in Rhode Island in March totaled $2.2 million, an 11.6% increase over...
ASTONOVA REPORTED a $1.7 million profit for the first quarter of fiscal 2019, according to Gregory A. Woods, CEO of the West Warwick company. / PBN FILE PHOTO/MICHAEL SALERNO

Astronova Q1 profit more than doubles to $1.7M

WEST WARWICK – Astronova Inc. reported a $1.7 million profit, or 23 cents per diluted share, for the first quarter of fiscal 2020 ended...
CVS RANKED NO .8 on the 2019 Fortune 500 . / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE

4 R.I. companies place on 2019 Fortune 500 list

PROVIDENCE – Four Rhode Island companies made the 2019 Fortune 500 list while seven Rhode Island companies were among the Fortune 1000, according to...
THE RHODE ISLAND Home Price Index increased 3.8% year over year in April. / BLOOMBERG NEWS FILE PHOTO/DERICK E. HINGLE

R.I. HPI increases 3.8% in April

PROVIDENCE – The Home Price Index in Rhode Island increased 3.8% year over year in April, according to CoreLogic.Rhode Island HPI growth was faster...
THE MEDIAN HOURLY wage in Rhode Island was $20.21 in May 2018, 8.1% higher than the U.S. median wage, according to a new report from the R.I. Department of Labor and Training. / COURTESY R.I. DEPARTMENT OF LABOR AND TRAINING

DLT: Median hourly wage in R.I. was $20.21 in 2018

PROVIDENCE – The median hourly wage in Rhode Island in May 2018 was $20.21, according to the R.I. Department of Labor and Training Monday...
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