Friday, January 15, 2021


Economic Activity

SkillsRI receives $100,000 Microsoft grant to expand digital training

PROVIDENCE – Skills for Rhode Island’s Future on Tuesday announced a $100,000 grant from Microsoft Corp. to help Rhode Islanders develop and enhance skills...

Tighe & Bond acquires RT Group

NORTH KINGSTOWN – RT Group Inc. has been acquired by Westfield, Mass.-based Tighe & Bond, the latter announced on Monday. Terms of the deal were...
THE AVERAGE price of regular gas in Rhode Island was $2.27 per gallon Monday. / AP FILE PHOTO/JOHN RAOUX

R.I. gas prices rise 4 cents from last week

PROVIDENCE – The average price of self-serve, regular unleaded gasoline in Rhode Island increased 4 cents week to week to $2.27 per gallon, 5...

R.I. small-business community optimistic for McKee leadership

PROVIDENCE – While the national spotlight now shines on Gov. Gina M. Raimondo in her nomination as U.S. Commerce secretary, it’s Lt. Gov. Daniel...

Second round of PPP loans to start week of Jan. 11

PROVIDENCE – The Paycheck Protection Program will reopen on the week of Jan. 11, the U.S. Small Business Administration announced Friday in consultation with...

U.S. loses 140,000 jobs, first monthly loss since spring

WASHINGTON (AP) – United States employers shed jobs last month for the first time since April, cutting 140,00 positions, clear evidence that the economy...
STILL GOING STRONG: John Bellone, owner of The Breezeway Resort, The Hotel Maria, pictured, and Maria’s Seaside Cafe in Westerly, says in his 50 years as a customer of The Washington Trust Co., he’s never deferred a loan payment and has continued to meet monthly payments for the mortgages on his commercial properties throughout the pandemic, thanks to a strong business in a limited season. / PBN PHOTO/MICHAEL SALERNO

Banks on higher alert for credit weakness

In his 50 years as a customer of The Washington Trust Co., John Bellone has never deferred a loan payment. Not through the 2008...
BLOCK ISLAND BUSINESSES had feared tourism would be decimated when the COVID-19 pandemic arrived last spring, but it turns out the 2020 season wasn’t as dreadful as officials thought it might be. PBN FILE PHOTO/CASSIUS SHUMAN

Down year is OK for Block Island

Block Island’s tourism-dependent business owners entered the summer fearful of the damage the COVID-19 pandemic would do to their livelihoods, but most report that...
NEW TASKS: Alexandria Kitsilis Cardoso, left, and Christine Kitsilis, co-owners of Angelo’s Palace Pizza in Cumberland, prepare food in the kitchen. Restaurant employees were cross-trained to become delivery drivers or cooks to keep them working when dining room sales dropped due to the COVID-19 pandemic. / PBN PHOTO/MICHAEL SALERNO

R.I. job market could take years to recover

Economists foresee a long, slow rebuilding period following the devastation of the COVID-19 pandemic, with the replacement of lost jobs in Rhode Island taking...
Niamh Perreault

Companies can win big by thinking small

I’m a huge fan of Rhode Island. Growing up in a small, close-knit part of the world such as Northern Ireland drew me to...

Stay up to date with PBN's Morning Call & Daily Edition newsletters.

- Featured Event -

Latest News

Sign-up to get the PBN Daily Edition

A collection of all the published news of the last 24 hours, as well as selected features from PBN’s weekly print edition.

By submitting the form you agree to PBN's Privacy Policy and Terms of Use.

Subscribe with Providence Business News to keep reading.

We’re glad you are enjoying PBN.