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89.7% of R.I. firms have fewer than 20 workers

CRANSTON – Small companies with just a few workers make up a significant portion of the Rhode Island economy, according to the R.I. Department...

SBA: Citizens, Washington Trust top <br> R.I. small-biz lenders so far in...

PROVIDENCE – Citizens Bank of Rhode Island is the region’s top small-business lender, issuing 135 loans statewide in the fiscal year to date,...

Federal grant to help Save The Bay

PROVIDENCE – U.S. Jack Reed has announced a $291,000 federal grant, administered by the National Oceanic & Atmospheric Administration, to fund Save The Bay...
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A new vision for Branch Village

Branch Village in North Smithfield could look very different five years from now, if the vision that town officials, property owners, business owners and...
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New England Tech eyes prime East Greenwich site

Considering the alternative, East Greenwich Town Manager William Sequino Jr. would prefer to see New England Institute of Technology take over a stretch of...
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Manufacturer focuses on health care, environment

As president and chief operating officer of Mereco, Philip M. Papoojian knows firsthand the challenges of running a small business and of being a...
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Newport’s lessons for the Bahamas

A 15-person Bahamian group visited Rhode Island from Aug. 7 to Aug. 12 as part of the U.S. National Guard State Partnership Program. As Keith...
PHOTO COURTESY THE PROCACCIANTI GROUP  A VIEW from the Westin shows the R.I. Convention Center, right, and key Procaccianti properties: the Fogarty Building, center left, and in the background, La Salle Square. /

Reshaping a piece of downtown

Two years after the national real estate and hotel management company The Procaccianti Group announced its ambition to acquire and develop a “power block”...
THE RATE the Fed cut today is the discount rate, indicated by the top green line. The line below it indicates the Fed's target for the federal funds rate, which policymakers left unchanged at 5.25 percent. /

Fed slashes its rate for loans to banks

WASHINGTON – The Federal Reserve Board today cut the interest rate it charges on direct loans to banks, paring the discount rate by 0.5...

Mass. ranked 5th, R.I. 14th in business costs

SANTA MONICA, Calif. – Massachusetts is the fourth most-expensive state in which to do business, with overall expenses 30.6 more higher than the...
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