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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.

Embrace, Rockland announcement partnership

NEWPORT – Embrace Home Loans last week announced a partnership with Rockland Trust to speed loan closings and improve the borrowing experience in Rhode...

Can foreign firms provide boost?

In recent months two international airline carriers have announced plans to come to Warwick’s T.F. Green Airport. Together they’ll provide a marginal but much-needed...
THE CLOSING OF THE BRAYTON POINT power plant by owner Energy Capital Partners is part of a projected shortfall of electricity generating capacity that ISO-New England expects will increase prices in New England for power consumers.  / COURTESY DOMINION RESOURCES INC.

Region set to see major power shortage despite new power plants

PROVIDENCE – New power plants will replace closing power plants, but energy supply is still predicted to fall short in Rhode Island, likely costing...

Cross to sponsor Gillette center

FOXBOROUGH – Gillette Stadium, home of the New England Patriots, will be sporting some new looks in 2015, including the Cross Insurance Pavilion and...
"Women are living 10-20 years longer than their male counterparts. So retirement savings for women should account for a longer lifespan."

Five Questions With: Ann Sutherland-Auclair

Ann Sutherland-Auclair, co-owner of Auclair & Auclair LLP, was named a 2015 Five Star Wealth Manager last month for overall client satisfaction. The award,...

Coastal Management division focused on retirement, pensions

NARAGANSETT – A Rhode Island investment-management company announced last month a new partner along with the formation of a new division focused on retirement...

St. Clare gets $15.3M in credit to expand services

NEWPORT – St. Clare-Newport last week secured $15.3 million in credit financed by Savings Institute Bank and Trust to expand senior services in Newport....

Amica ‘Superior’ rating reaffirmed

LINCOLN – A New Jersey-based insurance rating company has reaffirmed Amica Life Insurance “Superior” rating. A.M. Best Co., based in Oldwick, N.J., again gave...
‘We’re not trying to force our customers into a phone bank.’
JOSEPH J. MARCAURELE
Washington Trust  chairman and CEO

WashTrust eager to build on record-breaking ’14

Coming off a record-breaking 2014, the parent of Westerly-based The Washington Trust Co. is looking to build on its success by growing lending outside...

Survey: M&A activity will be strong in ’15

Cautious optimism for a strengthening U.S. economy, paired with a large demographic of people entering retirement, is driving more middle-market executives toward making, or...
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