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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.
LOOKING AHEAD: David L. DeQuattro, right, managing principal of Providence-based RGB Architects, looks at building plans with Martin Holland, job captain. DeQuattro anticipates an increase in construction business in the Ocean State in 2018. / PBN PHOTO/MICHAEL SALERNO

Business owners see reasons for optimism, despite high health care costs...

Despite signs business growth could be slowing in the Ocean State, the private sector is bullish about 2018 and is looking to hire at...
FIRST CLIENT: Evanisio Oliveira, left, owner of Universal Cleaning LLC, shakes hands with Thomas Lent, president and CEO of Thielsch Engineering, which owns Creative Environment Corp. Lent was Oliveira’s first client when he started his cleaning business. / PBN PHOTO/MICHAEL SALERNO

No contract? No problem for Universal Cleaning

The last couple years have been a whirlwind for Evanisio Oliveira and his burgeoning company Universal Cleaning LLC. A year ago, he took a leap...
EDWARD O. Handy III is the chairman and CEO of Westerly-based Washington Trust Bancorp Inc., the second largest Rhode Island-based bank. / PBN FILE PHOTO/MICHAEL SALERNO

Banks are optimistic tax reform will benefit the bottom line long-term

The Rhode Island banking community has largely celebrated the sweeping tax overhaul approved by Congress that among other things lowered the corporate tax rate...
SPENT GRAIN: OurGrain is a startup that reuses grain from beer-making to create other products, such as bagel bites and cookies. Co-founders from left: (rear) ­Victor Eng and Sam Burges, (front) ­Samantha Gannon, Nicole Gresko and Natasha B. Daniels. / PBN PHOTO/MICHAEL SALERNO

From beer making to baked goods

Ever wonder what happens to grain after it’s used to make beer? It’s called “spent grain” and a group of current and former Johnson &...

Hope for St. Joseph pensioners?

In what would be an unprecedented move, attorneys trying to save the St. Joseph pension plan from insolvency are looking to federal insurers for...
J.D. POWER has ranked Citizens Bank last in a new study examining the quality of retail banking advice at major U.S. banks./ COURTESY J.D. POWER 2018 U.S. RETAIL BANKING ADVICE STUDY

J.D. Power: Citizens Bank ranks last for retail banking advice

PROVIDENCE – Citizens Bank ranked last in a new J.D. Power study examining the quality of retail banking advice at major U.S. banks. The inaugural...
FORBES MEDIA Chairman and Editor-in-Chief Steve Forbes will be the keynote speaker at the seventh annual Bryant University Northeast Entrepreneurship Conference on March 3.

Steve Forbes to speak at Bryant entrepreneurship conference

SMITHFIELD – Steve Forbes, chairman and editor-in-chief of Forbes Media, will be the keynote speaker at the seventh annual Bryant University Northeast Entrepreneurship Conference...
Ana C. Mendez is an operations analyst and board chair of the Black Professionals Group at Bank of America. / COURTESY BANK OF AMERICA

Five Questions With: Ana C. Mendez

Ana C. Mendez is an operations analyst and board chair of the Black Professionals Group at Bank of America. Mendez talks with Providence Business...
THE WASHINGTON TRUST CO. recently provided $7.4 million in a deal with Woodgreen Rocky Hill LLC to refinance Waterchase Center, a mixed-use property in Rocky Hill, Conn.

Washington Trust provides $7.4M for Connecticut retail center

WESTERLY – The Washington Trust Co. recently provided $7.4 million to finance a mixed-use property in Rocky Hill, Conn. The deal was made with Woodgreen...
MICHAEL DISANDRO is the regional vice president in Rhode Island for the middle-market banking division of Wells Fargo & Co., which donated $218,000 to 17 nonprofits in Rhode Island last year.

Wells Fargo donates $218K to R.I. organizations in 2017

PROVIDENCE – Wells Fargo & Co. donated $218,000 to 17 nonprofits in Rhode Island last year. The company recently released a year-end report detailing its...
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