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Scott Blake

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FM GLOBAL, a mutual insurance company based in Johnston, released its annual report Tuesday that ranks the best places around the world to do business, based on analysis of a number of categories. / COURTESY FM GLOBAL

FM Global: East Coast ranks No. 22 among best places for...

JOHNSTON – What’s the best country in the world to do business? That would be Norway, according to this year’s FM Global Resiliency Index.Released...

Analysis: Financial industry wields ‘massive’ influence on elections

PROVIDENCE – A recently released analysis of the largest individual contributors during the 2017-2018 election cycle found that hedge fund managers, bankers and other...

Five Questions With: Peter C. Dorsey Jr.

The Business Development Co. is a for-profit corporation chartered to create jobs by lending money to companies that can’t get all the capital they...

Brown University students buzz over new Center for Entrepreneurship

PROVIDENCE – Brown University reports its entrepreneurial-minded students are “bursting with excitement” over the recent opening of the school’s new Jonathan M. Nelson Center...

BankNewport, Freedom National Bank join R.I.’s Bank Local program

PROVIDENCE – BankNewport and Freedom National Bank have joined General Treasurer Seth Magaziner’s Bank Local program, an initiative that incentivizes banks and credit unions...

People’s Credit Union names McCarthy new EVP and chief lending officer

MIDDLETOWN – As the new executive vice president and chief lending officer for People’s Credit Union, Cormac McCarthy will be “leading the charge” as...
SAVINGS INSTITUTE BANK & TRUST CO.’S Rhode Island branches, including this one on Old Tower Hill Road in South Kingstown, are now part of Boston-based Berkshire Hills Bancorp through an acquisition agreement. / PBN FILE PHOTO/JAMES BESSETTE

Berkshire Bank enters R.I. retail banking through acquisition

PROVIDENCE – Berkshire Hill Bancorp Inc. has completed its acquisition of Savings Institute Financial Group Inc., resulting in the merger of Savings Institute and...
WHISTLEBLOWER COMPLAINTS: Thomas J. Enright, an attorney with Enright Law in Cranston, said the most common whistleblower complaints seem to be with health care companies and that settlements are the norm in such cases, with only about 3% going to trial.
 / PBN PHOTO/
DAVE HANSEN

Payoff for whistleblowers can be large, but so can personal costs

After working for Rhode Island Medical Imaging Inc. for two decades, the last seven as its executive director, Wayne Arruda believed he had found...
BENDING BUT MAYBE BROKE: Rhodes Technologies in Coventry – along with parent Purdue Pharma – was the location of a February protest against its role in the opioid crisis, which was represented by a large spoon.  / COURTESY THE OPIOID SPOON PROJECT

Resolution for Rhodes, Purdue could take a while

This could be the year of reckoning for pharmaceutical companies over their sales and promotion of opiate painkillers, including a Rhode Island-based drug manufacturer...
PBN PHOTO/MICHAEL SALERNO

Five Questions With Bruno Figueiredo

Bruno Figueiredo | Vice president, associate readiness, Bank of America; chairman, Rhode Island Financial Literacy1. What is financial literacy? Financial literacy means having the...
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