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Scott Blake

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A NEW STUDY concluded that companies unprepared for storm damage, such as that delivered during the 2012 landfall of Sandy in Westerly, lost 5% of their market capitalization over the year after the storm, / PBN FILE PHOTO/BRIAN MCDONALD

Study: Hurricanes depress firms’ market caps

 JOHNSTON – A new study commissioned by FM Global links hurricane damage to a loss in enterprise value.Dozens of large, publicly traded companies that...

Forbes names 5 R.I. wealth advisers among ‘Best-In-State Next-Gen Advisors’

PROVIDENCE – Forbes magazine recently released its nationwide list of “Best-In-State Next-Gen Advisors,” and five from Rhode Island were recognized.The Ocean State wealth advisers included:...

Five Questions With: Patrick Deady

Patrick Deady is senior vice president, director of residential and consumer lending for BankFive in Fall River. He also serves as president of the...

Study: 20% of college students face ‘dangerous’ debt-to-income ratios

PROVIDENCE – Nearly 1 in 5 college students will have future debt-to-income ratios “approaching dangerous levels” just from student loans after graduating and entering...

Zillow predicts housing market slowdown in 2020

PROVIDENCE – The economy in the United States could be on the verge of a recession, with many experts polled by online real estate...

Report: Citizens, BCSB named top charitable contributors in Mass.

PROVIDENCE – Citizens Bank of Providence and Bristol County Savings Bank of Taunton have been named among the top charitable contributors in Massachusetts by...

President of Electric Boat to retire Sept. 30

NORTH KINGSTOWN – Jeffrey S. Geiger will retire Sept. 30 as president of General Dynamics Electric Boat, Rhode Island’s largest defense contractor.The company’s president...

Report: BofA drops to No. 2 in R.I. market share after...

PROVIDENCE – While other banks’ in-state deposits have remained relatively stable, Bank of America Corp.’s total Rhode Island deposits dropped by $5.4 billion as...
FIELDS POINT on Providence’s waterfront is where National Grid Rhode Island has started construction on a natural gas “liquefaction” facility to better meet the region’s needs for electricity and heating, especially on the coldest days of the year, the company says./COURTESY/NATIONAL GRID PLC

National Grid all in on natural gas

For all the talk about renewable energy in Rhode Island, the state’s largest utility is doubling down on natural gas.Without announcements or fanfare, National...

Pawtucket Credit Union adds 2 industry veterans to management team

PAWTUCKET – Pawtucket Credit Union, Rhode Island’s largest credit union, has hired Maria Botelho as vice president of commercial lending and John Scott as...
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