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Scott Blake

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Magaziner, other investors put financial muscle behind diversity initiative

PROVIDENCE – R.I. General Treasurer Seth Magaziner, along with government and institutional investors from states across the region, announced last week the Northeast Investors’...
PBN PHOTO/MICHAEL SALERNO

Five questions with Becca Trietch

Becca Trietch | Administrator of energy efficiency programs, R.I. Office of Energy Resources 1. Why should R.I. residents and businesses be concerned about energy...

Charity blames for-profits for drop in clothing donations

The Cranston-based nonprofit Big Brothers Big Sisters of Rhode Island is upset that for-profit collectors of hand-me-downs, particularly an Ohio company named Simple Recycling,...
ADDITIONAL CALCULATIONS: Claire Iacobucci, right, partner and director of audit services at Providence accounting firm Kahn, Litwin, Renza & Co., speaks with June Landry, partner and chief marketing officer. Iacobucci said new reporting requirements for companies leasing assets longer than a year involve more accounting work.
 / PBN PHOTO/MICHAEL SALERNO

Changes afoot on all companies’ balance sheets

Beginning this year, public companies are required to change the way they report leases longer than 12 months on their balance sheets, a move...
THE R.I. PUBLIC UTILITIES COMMISSION on Monday voted to extend its decision halting utility company shutoffs through April 15, impacting companies such as National Grid Rhode Island. / PBN FILE PHOTO/MARK S. MURPHY

National Grid, Enbridge faulted for January’s natural gas emergency

WARWICK – State and federal regulators on Wednesday blamed utility giants National Grid Rhode Island and Enbridge Inc. for equipment failures that caused January’s...
CITIZENS BANK announced a partnership with software giant Microsoft and online retail giant Amazon to provide no-interest financing for consumers wanting to buy the Xbox All Access program. Shown here is an Xbox One video game console at a Wal-Mart store in Los Angeles / BLOOMBERG NEWS FILE PHOTO/PATRICK T. FALLON

Citizens Bank partners with Microsoft and Amazon on consumer financing

PROVIDENCE – Citizens Bank announced a partnership Tuesday with two of America’s corporate giants – Microsoft Corp. and Amazon.com Inc. – in which the...

Five Questions With: Gary Heaslip

Gary Heaslip is president for Cross Insurance Inc. – Rhode Island, located at 376 Newport Ave. in East Providence. Cross Insurance is an independent...

House of Representatives approves Corporate Transparency Act

PROVIDENCE – The U.S. House of Representatives last week approved a bill to help authorities track illicit financial flows by requiring companies to identify...

Mutual of America opens regional office in Providence

PROVIDENCE – Mutual of America Financial Group, which specializes in retirement plans and investments, last week officially announced the opening of its new regional...

Citizens Financial Group announces $450M stock offering

PROVIDENCE – Rhode Island’s largest bank is making a habit of having stock offerings following the release of its quarterly financial reports. Providence-based Citizens Financial...

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