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Providence Equity confirms new $12B fund

PROVIDENCE – Providence Equity Partners Inc. yesterday confirmed it has closed its sixth fund, with $12 billion in capital commitments. The new fund –...
'I AM COMMITTED to responding to DBR's findings in a cooperative manner on behalf of Beacon's 14,000 policyholders,' said James V. Rosati, the insurer's new president and CEO. /

DBR issues draft report on Beacon Mutual

The Beacon Mutual Insurance Co. yesterday confirmed it has received a draft of the R.I. Department of Business Regulation's report on the company. The...
Joseph Marshall, 90 /

R.I. Film Fest producer Joseph Marshall dies

NEWPORT – Navy Lt. Cmdr. (ret.) Joseph Marshall, 90, a founder and producer of the Rhode Island International Film Festival, which in August marked...

CPI rises 0.2% in January, fueling inflation fears

WASHINGTON – The Consumer Price Index for All Urban Consumers (CPI-U) last month rose 0.2 percent to 202.4 (1982 = 100), 2.1 percent above...
JOSEPH J. MarcAURELE, chairman, president and CEO of Citizens Bank of Rhode Island, will receive the 2nd Housing Hero award for leadership in affordable housing. /

House of Hope names MarcAurele a ‘Housing Hero’

WARWICK – House of Hope CDC today announced that its second annual Housing Hero award will go to Joseph J. MarcAurele, chairman, president and...

Maj. O’Donnell named interim State Police supt.

PROVIDENCE – Gov. Donald L. Carcieri today named Maj. Steven G. O’Donnell to serve as acting superintendent of the R.I. State Police starting tomorrow,...

Gilbane exec among industry’s national leaders

PROVIDENCE – Daniel P. McConaghy, 39, Gilbane Building Co.’s senior vice president and regional manager, has been listed by Building Design & Construction Magazine...

Mass. same-sex weddings valid in R.I., Lynch rules

PROVIDENCE – R.I. Attorney General Patrick C. Lynch today issued an opinion saying that same-sex marriages lawfully performed in Massachusetts will be recognized as...
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U.S. leading indicators index rises 0.1% in Jan.

The Conference Board today announced that its index of U.S. leading economic indicators rose 0.1 percent last month to 138.5 points (1996 = 100)...

Quaker Fabric offices in $4.7M sale/lease deal

FALL RIVER – Quaker Fabric Corp. (Nasdaq: QFAB) last night announced a sale/lease agreement for its headquarters building at 1082 Davol St. Quaker has agreed...
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