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Eli Sherman

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.
NEW MARKET: Chris Apple worked for Chick-fil-A as a team member for 12 years, including as general manager of two restaurants, before joining the company’s leadership-development program and opening his own franchise in Attleboro. / PBN PHOTO/MICHAEL SALERNO

Franchisee: Chris Apple

Chris Apple | Chick-fil-A The Pitch: Hot, fresh food to be delivered to customers, as well as strong customer service Monday through Saturday – closed...
GUIDING ENTREPRENEURS: Maryellen O’Mahony, right, director of the Center for Women & Enterprise in Rhode Island, speaks with Maria Carranza, business-planning instructor. / PBN PHOTO/MICHAEL SALERNO

Five Questions With Maryellen O’Mahony

Maryellen O’Mahony | Rhode Island director, Center for Women & Enterprise 1. Please explain what the Center for Women & Enterprise does. The center …...
STERLING STAFF: Chad Cimini, right, president of Cimini & Associates, with employees at the manufacturer’s facility in Westerly, as they work with sterling silver tubing. From left, Maldonado Ruben, background, mill operator; Neptaly Duque, mill operator; Betty Nunez, mill operator; and Cimini.

State officials seek funds for Real Jobs RI as federal cuts...

Chad Cimini, president of Cimini & Associates Inc., is a fan of Real Jobs Rhode Island. The state workforce-development program has helped connect unemployed and...
GENERAL TREASURER SETH MAGAZINER is in charge the state pension fund and how it is invested./ PBN FILE PHOTO/MICHAEL SALERNO

Rhode Island pension fund fell $263M in February

PROVIDENCE – The state’s $8.4 billion pension fund failed to yield positive returns in February, as market volatility helped fuel an overall decrease of...
BANK RHODE ISLAND has provided $8.2 million in financing for the Eagle Apartment complex in Lincoln. / COURTESY BANK RHODE ISLAND

Bank Rhode Island provides $8.2M for Lincoln apartment complex

LINCOLN – Bank Rhode Island last week provided $8.2 million in financing for the Eagle Apartment complex in Lincoln. The refinancing package was made with...
STEPHEN ADAMO is head of mortgage banking for Santander Bank. / COURTESY SANTANDER BANK

Five Questions With: Stephen Adamo

Stephen Adamo is head of mortgage banking for Santander Bank. He talks with Providence Business News about the regional mortgage lending market, how it...
WILLIAM D. HORNE has retired from the Westerly Community Credit Union, where he served as chairman since 2002 and on the board of directors since 1994. / COURTESY WESTERLY COMMUNITY CREDIT UNION

Horne retires as chairman of Westerly Community Credit Union

WESTERLY – Westerly Community Credit Union last week celebrated the retirement of William D. Horne, who served on the board of directors since 1994. Horne...
VOTERS vote up or down referendum questions on Election Day./ PBN GRAPHIC/LISA LAGRECA

Rhode Island to issue $149M in bonds for capital improvements

PROVIDENCE – Rhode Island on Tuesday will sell $149.4 million in bonds to pay for a slew of capital-improvement programs approved by voters dating...
BANKNEWPORT has acquired Offshore Financial Corp. to operate as its marine-financing division./COURTESY OF BANKNEWPORT

BankNewport acquires Offshore Financial

NEWPORT – BankNewport has acquired a New Jersey financial company to operate as its marine-lending division. The Newport-based bank on Monday announced the purchase of...
ROBERT DROVER is a principal in the advisory-services division of accounting firm Marcum LLP, which has launched new robotic technology to automate certain operations and perform repetitive manual tasks. / COURTESY MARCUM LLP

Marcum automates operations with bot technology

PROVIDENCE – In an effort to reduce costs and improve efficiency, the accounting firm Marcum LLP has started offering clients new robotic technology to...

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