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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.

What’s next for blockchain?

What are cryptocurrencies and blockchain technology? How do they affect me, my business and my industry? How about society at large? Should I invest? These...
COMMUNITY CONNECTION: Kurt Noyce, president of Embrace Home Loans Inc. in Middletown, said the company’s relationship with local colleges and job-development organizations has provided Embrace with “eager, energetic and ethical employees.” Pictured, from left: Claudia Mobilia, senior vice president of loan operations; Noyce; Shawn Cary, bank finance manager; and Shannon Timek, closing team leader. / PBN FILE PHOTO/RUPERT WHITELEY

Embrace names Noyce to head Financial Institution Services Division

MIDDLETOWN – With an eye toward expanding its business-to-business services, Embrace Home Loans has named one of its top executives to lead the effort. Kurt...
BETH JOHNSON, chief marketing officer and head of virtual channels at Citizens Bank, says adding the Zelle payment system will allow the bank "to deliver a convenient, user-friendly [person-to-person] payments experience" to its customers. / COURTESY CITIZENS BANK

Citizens adds Zelle payment system to its offerings

PROVIDENCE – Citizens Bank continues to add new technology to its suite of offerings, announcing this month the integration of a new person-to-person payment...
KEVIN RUTH is head of wealth planning and personal trust at Fidelity Investments. / COURTESY FIDELITY INVESTMENTS

Five Questions With: Kevin Ruth

Kevin Ruth is head of wealth planning and personal trust at Fidelity Investments. The company often fields questions from customers wondering how they should...
PETER F. KILMARTIN is the state's top attorney. / PBN FILE PHOTO/MICHAEL SALERNO

Kilmartin denounces Invenergy power plant

PROVIDENCE – Attorney General Peter F. Kilmartin on Friday denounced a proposed power plant in Burrillville, saying it’s unneeded and bad for the economy...
PARTNERS: From left, Emilio Colapietro of DiSanto, Priest & Co., and Steven Zaroogian, of Markarian & Meehan Ltd. The pair are managing partners of the two merging Rhode Island accounting firms. / PBN PHOTO/­MICHAEL SALERNO

Accounting merger keeps firms ahead of tech curve, boosts market share

The merger of DiSanto, Priest & Co. and Markarian & Meehan Ltd. on the surface looks like a relatively straightforward deal between two local...
PROGRESSING: From left, Cliff Wood, executive director of The Providence Foundation, talks with Kat Boots, project coordinator, and Jen Smith, programming director. / PBN PHOTO/RUPERT WHITELEY

Five Questions With Cliff Wood

1 How do you feel about Providence’s current economic climate? Providence is on the move more noticeably and intensively than it has been in a...
A NATIONAL GRID RHODE ISLAND van at Cranston and Bridgham streets in Providence. / PBN FILE PHOTO/ELI SHERMAN

National Grid reduces rate hike proposal by $26M

PROVIDENCE – National Grid Rhode Island has proposed to reduce a rate hike it seeks from gas and electricity customers by about $26 million...
SEN. WILLIAM J. Conley Jr. (center), D-East Providence, is chairman of the Senate Finance Committee, center. He listens to testimony related to Pawtucket Red Sox legislation last year. / PBN FILE PHOTO/MICHAEL SALERNO

PawSox legislation moves forward in Rhode Island

PROVIDENCE – The R.I. Senate Finance Committee on Tuesday voted in favor of legislation to help finance an $83-$85 million Triple-A baseball stadium for...
A NATIONAL GRID RHODE ISLAND van at Cranston and Bridgham streets in Providence. / PBN FILE PHOTO/ELI SHERMAN

National Grid asked to recalculate $71M rate hike after tax reform

PROVIDENCE – In wake of the new federal tax law, state regulators are asking National Grid Rhode Island to recalculate a proposed rate increase...
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