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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.
SUN PACIFIC HOLDING CORP., based in New Jersey, is looking to relocate its headquarters to Johnston./ COURTESY SUN PACIFIC HOLDING CORP.

New Jersey energy company plans to relocate to Johnston

JOHNSTON – A New Jersey-based energy company plans to relocate its headquarters to Johnston where it wants to invest $10 million to build a...
STORM SURGE: By 2065, a 100-year storm surge would damage approximately 13,736 homes in Warwick, Barrington, Narragansett, South Kingstown and North Kingstown, representing more than half of all homes in Rhode Island’s 21 coastal communities, according to the R.I. Coastal Resources Management Council. / COURTESY R.I. COASTAL RESOURCES MANAGEMENT COUNCIL

The CRMC says parts of coastal R.I. could soon be underwater...

(Editor’s note: This is the second of a three-part series exploring Rhode Island’s vulnerability to coastal flooding and what businesses, property owners and local communities...
LESS THAN 5 percent of homeowners with home equity loans knew about the removal of interest deductions as part of the new tax law, according to a new survey by LendEdu.com, an online marketplace for student loan refinancing.

Survey: Confusion about tax law impact on home equity loans

PROVIDENCE – Less than 5 percent of homeowners with home equity loans knew about the removal of interest deductions as part of the new...
FRANK AIELLO is the founder and president of the Rhode Island Cryptocurrency and Blockchain Association. / COURTESY FRANK AIELLO

Five Questions With: Frank Aiello

Frank Aiello is the founder and president of the Rhode Island Cryptocurrency and Blockchain Association. The association is currently hosting various panel discussions to...
AMY MARTEL, executive vice president and chief operating officer of People’s Credit Union, shown inside the Middletown branch, has been named chairperson of the Newport County Chamber of Commerce. / PBN FILE PHOTO/MICHAEL SALERNO

People’s Martel named chairperson of Newport chamber

MIDDLETOWN – Amy Martel, executive vice president and chief operating officer of People’s Credit Union, was named chairperson of the Newport County Chamber of...
ELECTRIC EYE: A series of numbers and symbols on a board depict a real-time simulation of the region's power grid. The board tells ISO New England how much electricity is needed versus how much is being produced across New England. The independent nonprofit, based in Holyoke, Mass., oversees day-to-day operations of the region's bulk power system. / COURTESY ISO NEW ENGLAND

ISO New England secures generation surplus for region’s electricity needs

PROVIDENCE – Regional regulators are confident New Englanders should be able to keep the lights on in 2021-2022 after a forward-looking auction last week...
EXPANDING BUSINESS: Jennifer Luxmoore, owner of Sin LLC bakery in Providence, last year opened a restaurant to go alongside the bakery, which was launched in 2007. / PBN PHOTO/MICHAEL SALERNO

Not a Sin to indulge

Get wicked, never feel guilty. That’s the motto of Sin LLC, a full-service coffee shop, dessert bar and custom-cake shop at 1413 Westminster St. in...
WEB PLATFORM: Melissa Bowley started Momunity, a web-based technology platform, to connect new and expecting mothers with resources in their communities. / COURTESY MOMUNITY

Connecting new moms to resources

Melissa Bowley’s idea for Momunity was born out of her own experience. A mother of two, Bowley had difficulty during and following her pregnancies connecting...
A RENDERING of the proposed natural gas-powered electrical plant in Burrillville. / COURTESY INVENERGY

Power plant debate gets personal

In 2015, the proposal to build a new, gas-fired power plant in Burrillville was announced with budding optimism amid rising energy prices. Despite concerns raised...
LINDA MCMAHON, administrator of the U.S. Small Business Administration, visited the Rhode Island district office in February./ SBA RHODE ISLAND/ RYAN P. BRISSETTE

McMahon ventures to promote small businesses under Trump

PROVIDENCE – Linda McMahon, administrator of the U.S. Small Business Administration, says President Donald Trump chose her to lead the federal agency because he...
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