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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.

Food bank receives TD grant

The Rhode Island Community Food Bank Association is one of several east coast food banks to receive funds through a TD Charitable Founding grant...

Washington Trust refinances Conn. office building

Washington Trust’s Commercial Real Estate Group recently provided $8.6 million to Ridgebury Office Investment LLC to refinance a Connecticut Class A office property. The...

Citizens names Rand SVP, group director

Citizens Financial Group Inc. earlier this month announced Christopher Rand as senior vice president and Institutional Service Group director of Citizens Private Bank &...
"The dividend payment practice of most companies is closely tied to their profitability trend."

Five Questions With: David Devault

David Devault is chief financial officer of Washington Trust and Washington Trust Bancorp Inc. (NASDAQ: WASH). Devault, a Westerly resident, has been a CPA...

BayCoast to relocate New Bedford branch

BayCoast Bank Wednesday announced its plan to relocate its downtown New Bedford branch to the first level of The Standard-Times building. The bank, pending...

Citizens Bank Foundation provides $100K for neighborhood revitalization projects

PROVIDENCE - The Citizens Bank Foundation is awarding seven organizations and the Local Initiatives Support Corporation $100,000 to go toward improving the quality of...
FEVER PITCH: Roger Williams University student Willem Delventhal won Top Presenter at the Rhode Island Business Plan Competition’s Elevator Pitch Contest for an online greeting card idea that makes each card a game. / PBN PHOTO/MICHAEL SALERNO

Quirky goodbye sparks Pitch winner

Roger Williams University senior Willem Delventhal last summer decided to say farewell to a friend in a quirky, unconventional way, which turned into an...
THE MORE THINGS CHANGE: Arnold Bromberg, Benny’s co-owner, said there’s “now bigger competition, but our stores are bigger too and the challenges are the same.” / COURTESY BENNY’S

Merchandise changes at Benny’s but not customer focus

Arnold Bromberg knew from an early age he would enter into the family business. His grandfather, Benjamin Bromberg, founded the first Benny’s in 1924...
CHERRYSTONE ANGEL GROUP portfolio company Windgap Medical has received a $999,696 loan from the Massachusetts Life Sciences Center to further its development of a compact and easy-to-use Epi-Pen.

Cherrystone portfolio company loaned $1M through Mass. program

(Updated 10:19 a.m.) SOMERVILLE, Mass. – A Cherrystone Angel Group portfolio company, Windgap Medical Inc., was awarded nearly $1 million through a Massachusetts Life Sciences...

Uber giving away free ‘study break’ packages to R.I. college students

PROVIDENCE - The app-based taxi service Uber is giving away free “study break” packages Tuesday to students of Rhode Island colleges and universities. The promotion,...

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