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Scott Blake

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CITIZENS FINANCIAL GROUP, the holding company for Citizens Bank, reported that profit rose to $1.7 billion in 2018. / BLOOMBERG NEWS PHOTO/KELVIN MA

Citizens reports $1.7B profit for 2018

PROVIDENCE – Citizens Financial Group Inc., the holding company of Citizens Bank, turned a $1.72 billion profit last year, an increase of $69 million...
TECH INCUBATOR: Innovate Newport Director of Entrepreneurship and Innovation Tuni Schartner gives a tour of the former Sheffield School on Broadway in Newport, which will serve as the location of Innovate Newport. The business incubator will house small companies, startups and entrepreneurs in the fields of marine and environmental technology, cybersecurity and renewable energy.
 / PBN PHOTO/KATE WHITNEY LUCEY

Can a new business incubator keep a bigger slice of Navy...

For years, community leaders in Newport have watched as the nearby Naval ­Undersea Warfare Center has farmed out billions of dollars in contracts to...
FEDERAL FUNDING for General Dynamics Electric Boat’s U.S. Navy submarine construction program in Rhode Island and Connecticut should be secure as the company plans to hire hundreds of additional workers and expand its network of suppliers as the company ramps up the program in coming years./COURTESY/GENERAL DYNAMICS ELECTRIC BOAT

Trump, Dems agree on funding for Electric Boat sub program

Despite the federal budget standoff, Republican President Donald Trump and Rhode Island’s Democratic congressional leaders seem to agree on one important thing for the...
BETTER COVERAGE: R.I. Health Insurance Commissioner Marie L. Ganim speaks at the PBN Health Care Summit at the Crowne Plaza Providence-Warwick in October 2017. Ganim’s office is completing reports on the state’s four largest health insurers to ensure they are following proper standards and regulations in covering the treatment of mental illnesses and drug addiction. 
 / PBN FILE PHOTO/RUPERT WHITELEY

Conduct exams lead to positive changes in insurance coverage for behavioral...

State reports are expected by this spring on the remaining three of Rhode Island’s four largest health insurers to determine how well they have...
PSYCHIC READING: Roxanne Jasparro, left, owner of Bewitched of Scituate, a psychic reading and merchandise shop, does a reading for Trisha Wagner of Scituate.
 / PBN PHOTO/MICHAEL SALERNO

Bewitched in Scituate

Just for the record, there is such a thing as witchcraft in Rhode Island, says Roxanne Jasparro.Not to worry, though. She says she’s a...
GATHERING PLACE: Anne Holland, left, founder of the What Cheer Writer’s Club, with Jodie Vinson, program manager. Holland started the club because she wanted a place where local writers of all sorts could work, network and collaborate.
 / PBN PHOTO/MICHAEL SALERNO

A space for writers to work

Anne Holland was a business journalist working from home when she thought of creating a gathering place for writers of all sorts – journalists,...

Washington Trust launches new private client group

WESTERLY – The Washington Trust Co. has launched a new private client group designed to provide “personalized financial solutions” for business owners, executives and...

Five Questions With: Talita Guerrero

Talita Guerrero is the founder of Right Key Mortgage LLC in Lakeville, Mass., where she currently serves as a partner and senior loan officer. A...

Embrace Home Loans named one of ‘Best Mortgage Companies to Work...

MIDDLETOWN – Embrace Home Loans Inc. has been named one of 2019’s “Best Mortgage Companies to Work For” by National Mortgage News and Best...

Federal Reserve System reports annual net income exceeding $63B

PROVIDENCE – The Federal Reserve System’s estimated net income for 2018 is $63.1 billion, the Fed announced. The figure represents the combined profit of...
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