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Patrick Anderson

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JEWELRY MAKER AND LIFESTYLE BRAND Alex and Ani is closing its Weybosset Street retail location in Providence and expanding its Alex and Ani University corporate training operation there.

Alex and Ani replacing Weybosset Street store with training center

PROVIDENCE – Alex and Ani LLC is closing its store on Weybosett Street in Providence next month and replacing it with an employee training...

Pet food company plans move to Pawtucket with $2.2M purchase

PAWTUCKET – Cumberland pet food distributor Pet Food Experts Inc. has reached an agreement with the city to buy a building on Main Street...
THE PROVIDENCE ECONOMIC Development Partnership on Wednesday approved the revived Innovation Investment Program, with changes lowering the investment amount per company and stipulating that companies have to stay in Providence for at least two years instead of one year. Above, Angelo Pitassi Jr., founder of former Innovation Investment Program recipient HealthID Profile Inc. / PBN FILE PHOTO/MICHAEL PERSSON

PEDP approves revived Innovation Investment Program

PROVIDENCE – The city will re-launch its suspended startup investment program with smaller investments focused on only “high-growth” technology sector companies. The Providence Economic Development...
DESPITE ITS SALE TO N.H. digital banking firm Bottomline Technologies, banking account opening software developer Andera will remain in Providence in the foreseeable future, where founder Charlie Kroll started the company while an undergraduate at Brown. / PBN FILE PHOTO/BRIAN MCDONALD

In selling Andera, Kroll looks to opportunities ahead

(Updated, 2:08 p.m.) PROVIDENCE – Financial software company Andera Inc. has been acquired by New Hampshire digital banking firm Bottomline Technologies for $44.5 million and...

Group seeks $1.4 million from PEDP for West Side brewery

PROVIDENCE – A boost for Rhode Island’s growing craft-beer industry could be on tap. A Providence group is seeking $1.4 million in city financing to...

Realtors: R.I. home sales drop in February on harsh weather

WARWICK – Rhode Island single-family home sales fell 5 percent in February compared with the same period last year, the Rhode Island Association of...
REP. NICHOLAS A. MATTIELLO, who served as House majority leader under former House Speaker Gordon D. Fox, was elected speaker of the house by a vote of 61-6 on Tuesday. / COURTESY R.I. GENERAL ASSEMBLY

Mattiello elected R.I. House speaker

(Updated, 5:40 p.m.) PROVIDENCE – Newly elected House Speaker Nicholas A. Mattiello on Tuesday promised he would focus on tackling his “No. 1 issue, jobs...
THE R.I. COMMERCE CORPORATION has awarded $1.1 million in Renewable Energy Fund grants to 11 solar projects around the state, which altogether have an estimated potential generating capacity of 991 kilowatts. / PBN FILE PHOTO/BRIAN MCDONALD

Commerce RI awards $1.1M in renewable energy grants

PROVIDENCE - The R.I. Commerce Corporation Monday approved $1.1 million in Renewable Energy Fund grants to 11 solar energy projects planned by businesses, housing...
FOR THE SECOND CONSECUTIVE MONTH in 2014, passenger traffic at T.F. Green Airport fell compared with the same 2013 period. So far this year, 472,182 people have departed and arrived at Green, a 5.8 percent decline from the same 2013 period. / COURTESY R.I. AIRPORT CORPORATION

Feb. passenger traffic at T.F. Green short of 2013 numbers

WARWICK – Passenger traffic at T.F. Green Airport fell 6.9 percent in February compared with the same period last year, due mostly to inclement...
STREETCARS EMERGE from the East Side bus tunnel at the intersection of Fones Alley and Thayer Street on College Hill in this conception of what the potential streetcar project would mean in Providence. / COURTESY KLOPPER MARTIN DESIGN GROUP AND PROVIDENCE PLANNING DEPARTMENT

City set to re-apply for TIGER grant to fund streetcar project

(Updated, March 31, 11:17 a.m.) PROVIDENCE – The city this spring will once again apply for a federal transportation grant to fund a new streetcar...
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