William Hamilton
House budget a mixed bag for business
(Corrected, 3:30 p.m.)
PROVIDENCE – The state's business community appears to have successfully fended off Gov. Lincoln D. Chafee’s proposal to expand the sales tax,...
R.I. jobless rate unchanged in May; 4th month of job gains
PROVIDENCE – Rhode Island’s unemployment rate held steady at 10.9 percent in May, even though the state picked up an additional 1,300 jobs for...
Leaders discuss keys to successful Knowledge District development
EAST PROVIDENCE – Calling the redevelopment of the former Interstate 195 land in downtown Providence a “once in a lifetime opportunity,” Mayor Angel Taveras...
R.I. jobless drops below 11%
PROVIDENCE – Rhode Island’s unemployment rate fell below 11 percent for the first time in almost two years when it ticked down a tenth...
BankRI 1Q profit up 4%
PROVIDENCE – Bancorp Rhode Island Inc., which has agreed to be acquired by a Massachusetts bank at the end of 2011, said on Thursday...
Washington Trust 1Q income beats estimates
WESTERLY – Washington Trust Bancorp Inc., parent of The Washington Trust Co., said on Monday that its first-quarter profit increased by nearly a third...
R.I. unemployment rate falls to 11%
PROVIDENCE – Rhode Island’s unemployment rate continued to fall in March, declining two-tenths of a percentage point to 11 percent, as the state picked...
Moody’s cuts Coventry’s credit rating
COVENTRY – Moody’s Investors Service has cut its credit rating on Coventry’s general-obligation bonds by a notch and put a negative ratings watch on...
R.I. EDC approves grant, loan for solar-power project, Bristol repair shop
PROVIDENCE – The R.I. Economic Development Corporation awarded a $200,000 grant to a 10 to 15 megawatt solar-power project at a former East Providence...
Two local credit unions announce merger
WARWICK – Cottrell Federal Credit Union, a small Westerly credit union with $3.05 million in assets, is merging into Warwick-based Wave Federal Credit Union,...
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