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Eli Sherman

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Eli Sherman is an award-winning journalist. He joined Providence Business News in November 2014 having previously worked as a metro reporter at the Waltham News Tribune. Sherman writes about economics, energy and the environment, entrepreneurship and finance. He's received top awards from the Society of American Business Editors and Writers, The Alliance of Area Business Publishers, the New England Newspaper & Press Association and The Rhode Island Press Association.
THE FEDERAL DEPOSIT Insurance Corp. is using America Saves Week, spanning Feb. 26 to March 3, as an opportunity to encourage people to develop or review their financial goals.

FDIC: America Saves Week opportunity to build financial goals

PROVIDENCE – The Federal Deposit Insurance Corp. this week is encouraging people to recognize America Saves Week to develop or review their financial goals. The...
CO-FOUNDERS: From left, Patricia Burbank, Kunal Mankodiya and Benjamin Burbank co-founded Modus Tech-Wear LLC, a medical-technology startup in Providence. / PBN PHOTO/MICHAEL SALERNO

Footwear collects health data

What if smart, wearable textiles could help better inform providers of the overall health of their patients? That – and promoting a healthier lifestyle –...
CONSISTENT TAXATION: R.I. Division of Taxation Administrator Neena Savage talks with R.I. Department of Revenue spokesman Paul E. Grimaldi. She says taxing software as a service would allow for consistent taxation of the use of software regardless of how it is delivered or used. / PBN FILE PHOTO/MICHAEL SALERNO

Raimondo eyes tax on cloud-based services

(Corrected at 11:25 a.m. to replace T-shirt reference in 11th paragraph with microwave.) Does your business use Office 365? Do you pay for TurboTax’s...
PBN PHOTO/MICHAEL SALERNO

Five Questions With Alan H. Litwin

Alan H. Litwin | Managing director, Khan, Litwin, Renza & Co. Ltd. 1. What’s the atmosphere been like at KLR since the new tax law...
STEPHEN DEL SESTO testifies before R.I. Superior Court in 2017. He was appointed to usher the St. Joseph Health Services pension plan through receivership. Max Wistow, who was appointed special counsel, sits at right in the background. / PBN FILE PHOTO/ELI SHERMAN

Lawyers eye recouping $20M for insolvent St. Joseph pension plan

PROVIDENCE – The investigation into the insolvent St. Joseph Health Services pension plan could be heading toward litigation, with attorneys having identified up to...
WEBSTER BANK has launched a new online-investment platform called Guided Wealth Portfolio.

Webster Bank launches new digital-investment platform

PROVIDENCE – In a move to expand its digital services, Webster Bank has launched a new online-investment platform called Guided Wealth Portfolio. The new platform...
JASON M. JOLIN is senior vice president and chief financial officer at Navigant Credit Union. / COURTESY NAVIGANT CREDIT UNION

Five Questions With: Jason M. Jolin

Jason M. Jolin is senior vice president and chief financial officer at Navigant Credit Union. Jolin was named to the position after nearly two...
THE U.S. TREASURY Inspector General for Tax Administration, a federal oversight agency, released a report showing the IRS failed to notify more than 450,000 taxpayers they were victims of employment identity theft.

Report: IRS failed to notify 450K people of employment identity theft

PROVIDENCE – A federal oversight agency last week released a report showing the IRS failed to notify more than 450,000 taxpayers they were victims...
ERIC SCHUPPENHAUER has been named president of the mortgage banking division at Citizens Bank. / COURTESY CITIZENS BANK

Citizens names Schuppenhauer president of mortgage banking

PROVIDENCE – Citizens Bank last week named Eric Schuppenhauer as president of its mortgage banking division. Schuppenhauer joins the Providence-based bank from Capital One where...
JIM MCDONOUGH is the president and CEO of Randolph Savings Bank, which has announced it will change its name to Envision Bank on March 12 to "better reflect our commitment to help customers manage the complete spectrum of their financial lives." / COURTESY RANDOLPH SAVINGS BANK

Randolph Savings Bank changing name to better reflect customer commitment

PROVIDENCE – Randolph Savings Bank last week announced it will change its name to Envision Bank on March 12. In a press release, the bank...
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