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Scott Blake

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PBN PHOTO/MICHAEL SALERNO

Five Questions With Stefan Pryor

5Q: Stefan Pryor | Secretary of commerce, Rhode Island 1. What was it like being president of the Lower Manhattan Development Corp. in the aftermath...

RIBBA offering loans, technical services to minority entrepreneurs

PROVIDENCE – The Rhode Island Black Business Association is calling upon all “young minority entrepreneurs” to make a pitch for a $3,000 business loan...

Newport business incubator lands marine-tech firm

NEWPORT – Inspire Environmental, a Middletown firm specializing in environmental assessments and seafloor mapping, will relocate to a new business incubator expected to open...

Survey: Businesses expect growth despite softened economic outlook

PROVIDENCE – Most small and midsize U.S. companies have a positive outlook for the domestic economy and expect their businesses to continue growing this...

Five Questions With: Seth Magaziner

Seth Magaziner, a Democrat, is beginning his second four-year term as Rhode Island’s general treasurer after defeating Republican challenger Michael G. Riley in last...

Bank of America launches another Merrill Edge online research tool

PROVIDENCE – Merrill Edge, a streamlined investment service owned by Bank of America Corp., has launched Fund Story, a new online research tool designed...

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...
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