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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 SOLAR FOUNDATION is a Washington, D.C. nonprofit focused on the national solar industry./ GRAPHIC COURTESY THE SOLAR FOUNDATION

Report: Rhode Island solar jobs declined in 2017

PROVIDENCE – The number of solar jobs in Rhode Island fell 9.5 percent to 1,064 during 2017, according to a national report released Wednesday. The...
NEW ENGLANDERS received an early-morning tsunami warning on Tuesday. The National Weather Service quickly said it was an error. /PBN PHOTO/ELI SHERMAN

Rhode Islanders receive erroneous tsunami warning

PROVIDENCE – A tsunami warning was mistakenly sent out to certain mobile users throughout New England on Tuesday. The morning warning cited the National Weather...
THE FIDELITY INVESTMENTS biennial retirement-savings study, released last week, shows the typical American saver is on target to have 80 percent of the income they need to cover retirement costs. / COURTESY FIDELITY INVESTMENTS

Report: Americans better at retirement saving, but half not on target

BOSTON – A new report shows Americans are getting better at saving for retirement, but about half are not on target to have enough...
TRAVIS ESCOBAR is president of young professionals group Millennial Rhode Island. / COURTESY MILLENNIAL RHODE ISLAND

Five Questions With: Travis Escobar

Travis Escobar is president of Millennial Rhode Island. The young professional group on Thursday is hosting a discussion with Coastway Community Bank on the...
CITIZENS BANK has launched a new student loan refinancing product, which allows parents and co-signers to consolidate and refinance student debt while their children are still in school.

Citizens offers new student loan refinancing product for parents

PROVIDENCE – Citizens Bank has launched a new student loan refinancing product specifically designed for parents. The loan, dubbed the Citizens Bank Refinance Loan for...
CONCERNED: Keynote speaker Mark W. Everson, vice chairman of alliantgroup, a Texas-based tax-services provider, addresses the crowd at the Providence Business News 2018 Tax Reform Summit. He says the growing budget deficit is a top concern. / PBN PHOTO/
MIKE SKORSKI

Uncertainty reigns on impact of tax changes

Anyone who thought the new tax law would result in a simpler tax code would be sorely mistaken. If anything, parts of the sweeping new...
PBN PHOTO/MICHAEL SALERNO

Five Questions With: David A. Salvatore

David A. Salvatore | President, Providence City Council 1. What does it mean to you to be elected City Council president? I’m a lifelong Providence...
HIROAD ASSURANCE Co. is a new Providence insurance firm that uses an app to monitor and reward good-driving habits./ GRAPHIC COURTESY HIROAD

Providence insurance firm aims to reward good driving

PROVIDENCE – A new car insurance company in Rhode Island is aiming to reward policyholders based on good-driving behavior. HiRoad Assurance Co., an affiliate of...
BOSTON-BASED BROOKLINE BANCORP, parent of Bank Rhode Island, reported fourth-quarter and full-year earnings that were negatively impacted by the federal tax overhaul.

Brookline Bancorp 2017, 4Q profit fall after new tax law

BOSTON – Brookline Bancorp Inc. suffered a $9 million noncash charge on deferred tax assets stemming from the federal tax overhaul, depressing both full-year...
IN HIS FINAL YEAR-END earnings filing, Joseph J. MarcAurele, chairman and CEO of The Washington Trust Co., reported that the Westerly-based bank had strong full-year operating results, even though the new federal tax law resulted in a one-time charge of $6.2 million. / PBN FILE PHOTO/MICHAEL SALERNO

Washington Trust reports 2017, 4Q profit declines after new tax law

WESTERLY – Hit with a $6.2 million one-time charge on deferred tax assets, Washington Trust Bancorp Inc. on Tuesday reported 2017 profit fell 1.2...
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