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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 finances N.J. acquisition

SICKLERSVILLE, N.J. – Washington Trust Commercial Real Estate Group last week financed an acquisition in the amount of $6.825 million for a multi-tenant retail...

Loiselle honored for insurance-ed. work

PAWTUCKET – The president of a Pawtucket insurance agency earlier this month was honored for 30 years of helping to advance insurance education. Bob...

Mass. SOS announces ‘crowdfunding exemption’

BOSTON – Massachusetts secretary of state earlier this month announced a policy change to allow a “crowdfunding exemption” for investment offerings within the Bay...
GOV. GINA M. RAIMONDO with Paul Gentile, president and CEO of the Cooperative Credit Union Association.

Raimondo proclaims Credit Union Day

PROVIDENCE – Gov. Gina M. Raimondo has proclaimed Jan. 14 as “Credit Union Day” to mark and celebrate 100 years of credit union services...
CITIZENS FINANCIAL GROUP CEO BRUCE VAN SAUN, in discussing fourth quarter earnings, said 2014 was a pivotal year for the company. Citizens reported profit of $865 million in 2014.  / PBN FILE PHOTO/TRACY JENKINS

Citizens reports $865M in profit in 2014

PROVIDENCE – In what its CEO calls a “pivotal year,” Citizens Financial Group Inc. Monday reported net income of $865 million in 2014, an...
GRINDING IT OUT: Jeff Rosenzweig, right, the program manager for SLIDE, instructs Guillermo Diaz, a sophomore at the Met school, as he constructs a skateboard rail. / PBN PHOTO/MICHAEL SALERNO

Raimondo: New plan for old problems needed

When Beth Cunha tells her students how some of the United States’ best colleges and universities are right here in Rhode Island, she often...
RIGHT FIT: Herb Bouchard, left, senior tool designer for Quick Fitting Inc. in Warwick, with company owner David Crompton. / PBN PHOTO/MICHAEL SALERNO

Companies eye local job growth

For more than a decade beginning in 2001, manufacturing jobs left the state and country in droves. But as Rhode Island’s economy slowly creeps...
NATURAL RESOURCES: As a 14-year-old teenager, Ava Anderson, above right, became concerned about chemicals in personal-care products she and her family used. She got rid of the products but didn’t stop there. In 2009, she formed Ava Anderson Non Toxic with her brother, Frohman, and their mother, Kim. / PBN FILE PHOTO/MICHAEL SALERNO

Nontoxic care products find market

When Ava Anderson was 14 years old she became highly concerned with the listed ingredients she found in her personal-care products. After doing a...
READY FOR BUSINESS? Owners of the New Bedford marine terminal are seeking a port operator, who will help market the facility. / COURTESY APEX COS.

N.B. terminal not seen dependent on Cape Wind

Developers of the newly constructed, $113 million New Bedford marine terminal are optimistic about the future of wind energy and the facility itself, despite...

Confidence climbs, spending follows

If Rhode Island and the region have not emerged completely from their near decade-long economic funk, they certainly have pulled themselves out of the...
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