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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.

Washington Trust appoints new VP

WESTERLY – The Washington Trust Co. has appointed a former Brown University trusts and estates manager as its new vice president, wealth-management officer. Joanne...

Fed may raise short-term rates

WASHINGTON – The Federal Reserve Bank at its meeting this week is likely to discuss the possibility of it raising federal short-term interest rates...

BlumShapiro partner appointed to Baker Tilly board

PROVIDENCE – BlumShapiro announced last week its managing partner Carl Johnson has been appointed to a regional advisory board of Baker Tilly International. BlumShapiro...
DYNAMIC DUO: Charles M. Sullivan III and Palmira G. Azevedo

TD Bank hires 2 for wealth-management division

PROVIDENCE – TD Bank NA has tapped two Rhode Islanders to help grow its wealth-management division. Charles M. Sullivan III has been named vice...
BIG STICK: PawSox co-owner and Providence attorney James J. Skeffington is leading push for a new stadium for the team in the city. / PBN PHOTO/?MICHAEL SALERNO

PawSox owners eager to build — and fast

Think of Rhode Island, and for many the beaches, quahogs, Del's Lemonade and the PawSox immediately come to mind. How much longer the family-friendly...
CLEAN-UP WORK: The interior of the Pizzitola Sports Center at Brown University following this winter's roof collapse. / COURTESY BROWN UNIVERSITY

Some roofs more likely to cave to winter stresses

Heavy snows this winter collapsed dozens of roofs in southern New England, with the structural design as much of a factor in many cases...

Oysters a growth industry

Mark H. Goerner has spent most of his adult life as a commercial fisherman, but recently went out on his own. Now he’s learning...
SANTANDER HOLDINGS USA AND DEUTSCHE BANK TRUST CORP. failed the second round of the Federal Reserve's stress test on Wednesday.

Santander, Deutsche Bank fail second round of Fed stress test

WASHINGTON – Santander Holdings USA was just one of two financial institutions to fail the second round of the Federal Reserve “stress test” Wednesday,...
FM Global, an international property insurer, posted 2016 profit growth of 8 percent to $796.8 million compared with a year earlier.

FM Global recognized with innovation award

JOHNSTON – An insurance magazine has awarded FM Global with a 2015 Innovation Award for its index that ranks the business resilience of 130...
"Imparting students with financial literacy information does not depend on whether or not the student has money or a bank account because our intention is to help them learn best practices that can be put into action at any time during their lives."

Five Questions With: Amy Martel

Amy Martel is the executive vice president and chief operating officer of People’s Credit Union. Last month, she and Rhode Island General Treasurer Seth...
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