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Tuesday, September 29, 2020
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William Hamilton

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Study: Rhode Island taxes are driving wealthy residents away

PROVIDENCE - Rhode Island’s taxes – and in particular, its estate tax – are driving wealthy residents away and have cost the state more...
ROBERT L. CARET (photo)has been selected to replace retiring University of Massachusetts President Jack M. Wilson when he steps down on June 30. /

UMass chooses Robert L. Caret to replace retiring president

BOSTON - The University of Massachusetts has selected Robert L. Caret, president of Towson University, to replace retiring UMass President Jack M. Wilson when...
WEBSTER FINANCIAL CORP. is the Connecticut-based parent of Webster Bank. /PBN FILE PHOTO

Webster posts dramatic year-over-year turnaround for the fourth quarter

WATERBURY, Conn. – Webster Financial Corp., the parent of Webster Bank N.A., on Friday posted a fourth-quarter profit of $32.57 million, a dramatic turnaround...
PROVIDENCE MAYOR Angel Taveras is creating a Municipal Finances Review Panel that will conduct an independent evaluation of the city budget. /

Taveras puts city budget under review, plans to ‘restore financial stability’

PROVIDENCE – Mayor Angel Taveras has created a Municipal Finances Review Panel that will conduct an independent evaluation of the city budget as part...

URI gets 3 separate $1 million gifts for the College of...

SOUTH KINGSTOWN – University of Rhode Island fundraisers say they’ve received three separate $1 million gifts for the university’s College of Engineering as its...
TERRY NATHAN, president of the International Yacht Restoration School, speaks to the crowd gathered Wednesday to hear the results of a study on the potential economic impact if Newport hosts the 34th America's Cup. /

Newport estimates impact of hosting 2013 America’s Cup at $1.1 billion

(Updated, 3:30 p.m.) NEWPORT – A new study estimates the impact of hosting the 2013 America’s Cup finals to be $1.1 billion for Rhode Island,...
USI HOLDINGS CORP. acquired East Greenwich-based Mastors & Servant Risk Services Ltd. for an undisclosed amount.  /

USI Holdings buys Mastors & Servant Risk Services for undisclosed amount

EAST GREENWICH – Mastors & Servant Risk Services Ltd., one of the state’s largest independent insurance agencies, has been acquired by Briarcliff Manor, N.Y.-based...
AN OFFICIAL FROM the America's Cup told the R.I. Economic Development Corporation on Monday that organizers aren't using renewed talks with Rhode Island to sweeten the deal with San Francisco. /

America’s Cup says renewed R.I. talks not to force San Francisco...

NORTH SMITHFIELD – An America’s Cup race official insisted Monday that organizers aren’t using renewed talks with Rhode Island to force San Francisco to...

Sovereign Bank gets new leader; Jorge Morán replaces Jaramillo as CEO

BOSTON – Sovereign Bank has a new leader. Banco Santander SA, the Spanish bank that owns Sovereign, announced Tuesday that it has appointed Jorge Morán,...
"WE LISTEN to our customers and tailor our services to meet their needs," said Bank Rhode Island Chief Information Officer Robert H. Wischnowsky.   /

Five Questions With: Robert H. Wischnowsky

Robert H. Wischnowsky is Bank Rhode Island’s chief information officer at a time when technology is changing the way people to do banking. Wischnowsky...

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