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Providence
Monday, September 24, 2018

Economic Activity

Inclusion needed for minority business

It is not surprising that white-owned businesses earn more than those owned by minorities, but the size of the gap found by a U.S....
LILLIAN MCGEE, from Verizon, spends time with students from West Warwick?s Deering Middle School during their Trixie?s Fund-sponsored field trip to the Roger Williams Park Zoo. /

Verizon donates $10K to zoo’s Trixie’s Fund

Roger Williams Park Zoo received a $10,000 donation from Verizon for Trixie’s Fund, a field trip grant program that enables school children in Rhode...

The public should always demand good journalism

In the public’s eyes, just about the only folks struggling with believability issues more than the Bush administration are journalists. And journalists largely have themselves...

Commercial transactions

Following are the most recently filed commercial real estate transactions in Rhode Island and Bristol Co., Mass. The listing is copyrighted by Banker &...

Carcieri wants new Power Authority<br> to promote renewables

PROVIDENCE – Gov. Donald L. Carcieri has submitted a bill to the General Assembly to create a R.I. Power Authority to spearhead the development...

NewportFed 1Q profit increases to $259,000

NEWPORT – Newport Bancorp Inc., the holding company for Newport Federal Savings Bank, has reported a first-quarter profit of $259,000 or 6 cents per...

Nestor shares fall below Nasdaq minimum level

PROVIDENCE – Nestor Inc. has been notified by Nasdaq that, as of April 23, the market value of the company’s common stock had fallen...
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Small businesses: Bid now on federal jobs

There’s never been a better time for small businesses looking to sell products and services to the federal government. A backlash over the federal...

Capital Properties 1Q earnings total $380,000

EAST PROVIDENCE – Capital Properties Inc. reported net income of $380,000 for the three months ended March 31, resulting in a basic income per...
ROBERT T. GORMLEY is retiring in July from Citizens Financial Group, but he will continue to serve as a consultant for the company and to work with The Providence Foundation and RIPEC. 'I'm optimistic that Providence and Rhode Island can continue to flourish.' /

Citizens exec says he’s ready to retire<br> after 37 years in...

When Robert T. Gormley joined Citizens Bank in 1993, the company had $5 billion in assets and was a distant second to Fleet Bank...
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