Economic Activity

Citing controversy, Wal-Mart<br> abandons bank plan

Wal-Mart Stores Inc. has scrapped plans to open its own bank, ending a two-year controversy that roiled financial-services companies that feared direct competition from...
THE MS 150 BIKE TOUR, a  Multiple Sclerosis Society fundraiser, now in its 20th year, has been drawing increasing participation from Fidelity employees and their families. /

Charitable events pay off for Fidelity

Fidelity Investments’ participation in the MS 150 Bike Tour for multiple sclerosis has grown since the company began investing in the event eight years...

Emergency cleanups require expert help

On a day like March 2, when the heavy ice and snow from previous storms are melted by pouring rain, roofs inevitably bust open,...

Slower profit growth leads to 12% pay cut<br> for Citizens CEO

PROVIDENCE – Citizens Financial Group Chairman and CEO Lawrence K. Fish’s total compensation last year fell 12 percent to $12.9 million, according to a...

Massachusetts housing sales slow in February

BOSTON – The Massachusetts housing market slowed last month after rising in January for the first time in two years, The Warren Group reported...
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For nonprofits, now may be the time to build

While many nonprofit organizations are debt-averse, there are compelling reasons why they may find it better to build now rather than later, including construction...

Groups urge R.I. not to sell Charlestown land

CHARLESTOWN – A coalition of environmental and land conservation groups is urging state officials to stop the sale of up to 50 acres of...
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Festive times at the Westin

The Procaccianti Group lit up the Providence sky with fireworks on March 15 to celebrate the “topping off” of The Westin Providence’s new tower,...
BETA GROUP INC., a 25-year-old engineering, technology and science firm best known for its public-sector work, has been employee-owned since 1999. Above, from left, vice presidents Donna Lantagne and Jim Coppola and president Frank Romeo.  /

Engineering firm sees big picture

Michael Grilli started BETA Group Inc. in 1982 with a staff of three in a small office in Pawtucket. At the time, the firm...

Verizon seeks to offer FiOS TV<br> to 158,000 more R.I. households

PROVIDENCE – Verizon Communications has filed a petition with the R.I. Division of Public Utilities to offer its fiber-optic-based FiOS TV in 12 more...
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