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MassMutual adding jobs in Rhode Island

PROVIDENCE – While many companies are cutting jobs as revenue evaporates in the economic downturn, the Massachusetts Mutual Life Insurance Co. in Rhode Island...

Citizens launches mortgage, tuition-planning programs

PROVIDENCE – Citizens Financial Group has announced the launch of HomeBuyer Savings and CollegeSaver, two new products that the company says will reward Citizens...
"THE RECESSION hasn't diminished the number or quality of incoming business plans for consideration," said Peter Dorsey Jr., senior vice president of BDCRI, who also serves as the unofficial managing director for Cherrystone Angel Group. /

Five Questions With: Peter Dorsey Jr.

The Cherrystone Angel Group has been around since 2004, when it was founded by Business Development Company of Rhode Island President Garrett Hunter. Like...
Tim Schick, administrator of the Providence Newspaper Guild, has taken a new job as a staff representative with the national Newspaper Guild union. /

Newspaper Guild’s Schick takes new job

PROVIDENCE – Tim Schick, longtime administrator of the Providence Newspaper Guild, has taken a new job as a staff representative with The Newspaper Guild...
DESPITE ANOTHER READING OF 8, URI economist Leonard Lardaro sees the February Current Conditions Index as a sign that the worst may be over in economic terms. /

R.I. economy remains weak in February

KINGSTON – Despite a drop in his Current Conditions Index (CCI) for Rhode Island in February, University of Rhode Island economist Leonard Lardaro saw...

R.I. gas prices steady for past two weeks

PROVIDENCE - The average price of gasoline in Rhode Island has held steady for the past two weeks, while prices in Massachusetts inched up...
JAMES LANARD, CHRIS WISSEMANN and a third person who has not yet been named will run Deepwater Wind as managing directors. /

Deepwater poaches exec from rival firm

WILMINGTON, Del. – Deepwater Wind, the wind-energy company picked by the Carcieri administration to build the state’s first offshore wind farm, has poached a...

Congress, accounting do not mix well

The recent change by the Financial Accounting Standards Board (FASB) to its rule 157 effectively allows financial institutions to engage in pretend accounting. It states...

AIG’s payments probed by TARP inspector general

The Treasury’s chief watchdog for the U.S. financial rescue program is probing whether American International Group Inc. paid more than necessary to banks including...

Geico latest insurer to eye Mass.

For the backers of Massachusetts’ move to a more competitive auto-insurance industry last year, it’s the best news yet: Geico Corp., the country’s third-largest...
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