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Monday, January 21, 2019
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Scott Blake

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Federal banking regulators issue bulletin on new student loan program

PROVIDENCE – The Treasury Department has issued a bulletin to banks and other financial institutions apprising them of new legislation that allows them to...

Westerly Community Credit Union to offer scholarships to high school grads

WESTERLY – Westerly Community Credit Union will award five scholarships totaling $4,500 to students at certain southern Rhode Island high schools during the 2018-19...

Elorza lays out plans to foster economic equality in inaugural address

PROVIDENCE – Delivering his second inaugural address Monday, Mayor Jorge O. Elorza called upon the city’s most powerful institutions to help solve Providence’s economic...
RECORD ENDOWMENT: Students walk across campus in front of Friedman Hall at Brown University in Providence. Brown has the largest endowment among Rhode Island colleges and universities, which grew to a record $3.8 billion, the school reported in October.
 / COURTESY BROWN UNIVERSITY

Colleges’ reliance on endowments ‘never been greater’

By the end of January, analysts will come out with their annual report on the performance of endowments of U.S. colleges and universities, including...
THE MASS. Department of Environmental Protection has fined Land Air Express of New England, a trucking company based in Easton, $21,000 for failing report a diesel fuel spill to authorities.

Easton company fined $21K over failure to report fuel spill

PROVIDENCE – The Mass. Department of Environmental Protection has fined a Bristol County, Mass., trucking company $21,000 for failing to report a diesel fuel...

Magaziner: R.I. students lack personal finance education

PROVIDENCE – General Treasurer Seth Magaziner says the Ocean State doesn’t measure up when it comes to educating students about personal finance.Magaziner’s office recently...
BEFORE BECOMING RHODE ISLAND’S first secretary of commerce, Stefan Pryor was involved in reconstruction efforts in New York City following the 9/11 attacks as head of the Lower Manhattan Development Corp., formed in the aftermath of the disaster. / COURTESY R.I. COMMERCE CORP.

Five Questions With: Stefan Pryor

Stefan Pryor is Rhode Island’s first secretary of commerce. He was appointed by Gov. Gina M. Raimondo and unanimously confirmed by the state Senate...

Wall Street watchdog blames ‘algo trading’ for stock market volatility

PROVIDENCE – A Wall Street watchdog group wants to put a stop to so-called “algo trading” that it says is playing havoc with the...

FM Global names new HR director

JOHNSTON – FM Global has named Deanna Fidler as the company’s senior vice president and chief human resources officer, the Johnston-based insurance giant recently...

Home Loan Investment Bank expands residential lending footprint

WARWICK – Home Loan Investment Bank has expanded its residential lending team into southwestern Connecticut and the New York metro market, the Warwick-based bank...
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