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Tuesday, September 25, 2018
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Scott Blake

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CASH BONUS: The Washington Trust Co. said it was able to provide employees with one-time cash bonuses in January as a result of a reduction in its corporate taxes. Patricia Fernandez, left, professional flex banker at Washington Trust on Waterman Street in Providence, speaks with customer Nina Pratt of Providence.
 / PBN PHOTO/MICHAEL SALERNO

Banks say tax reform allowed for increased spending on staff, infrastructure

Many banks in Rhode Island and elsewhere have showered employees with pay raises and bonuses since President Donald Trump and fellow Republicans in Congress...
STAYING STRONG: Joe Depena, owner and fitness manager at VP Fitness on Dorrance Street in Providence, works with his client, Alice Negrao of Providence.
 / PBN PHOTO/MICHAEL SALERNO

Depena seizes opportunity to open his own fitness club

Joe Depena has a passion for iron – not the type found in vitamin pills or used to build office towers, but the kind...
BLUE TECH: Co-founders, from left, Mark Huang, managing director; Alissa Peterson, executive director; and Jason Kelly, board chair, formed SeaAhead, an advisory firm that works with marine businesses, in May.
 / PBN PHOTO/MICHAEL SALERNO

SeaAhead formed to assist ocean-related businesses

Mark Huang and his partners are betting that “blue tech,” as they call it, is the wave of the future, especially in Rhode Island.The...

Electrical bikes hit Providence streets

PROVIDENCE – Over the next few days, you may start to see people buzzing around the city on red electrically-charged bicycles.Beginning Thursday, electricity-aided bikes...

Federally backed lending to small businesses up in Rhode Island

PROVIDENCE – Rhode Island has seen double-digit increases this year in small business loans backed by the U.S. Small Business Administration, the agency reported...
THE LAUREL LANE Country Club celebrated with a ribbon cutting for its new solar panels which are projected to save the club $1.3 million in energy costs over 25 years. / COURTESY E2SOL

R.I. golf club celebrates move to solar energy

SOUTH KINGSTOWN – The Laurel Lane Country Club on Tuesday celebrated its new solar panel clusters that are expected to eventually provide all of...

Mass. securities broker fined $15K, banned after losing client’s money

PROVIDENCE – Robert S. Graham, a securities broker-dealer, has been fined $15,000 and permanently barred from registering in Massachusetts, according to a recent consent...

Five Questions With: Jill DeShiro

As executive vice president and administrative risk officer for Centreville Bank in West Warwick, Jill DeShiro supervises all aspects of accounting and finance functions...

Global climate-protection group calls out U.S. insurance industry

PROVIDENCE – A group named Insure Our Future is calling out America’s insurance industry for “perpetuating climate change” and is urging the industry to...

Rhode Island Infrastructure Bank to host infrastructure summit Sept. 17

PROVIDENCE – Providence-based Rhode Island Infrastructure Bank is slated to host its second annual Rhode Island Infrastructure Summit this month at the R.I. Convention...
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