R.I. unveils details of Medicaid ‘compact’
PROVIDENCE – The state expects to save $358 million over the next five years under the Global Compact Waiver approved last week by the...
Textron Financial to slash portfolio
PROVIDENCE – Textron Inc. (NYSE: TXT) plans to shrink its Textron Financial Corp. subsidiary by more than two-thirds, the company announced today.
The $12.6-billion...
Five Questions With: Gregory Porcaro
Gregory Porcaro, a certified public accountant with the Warwick firm Otrando, Porcaro & Associates Ltd. since 1987, was recently named one of the top...
Citizens cancels party, gives to charities
PROVIDENCE – Citizens Bank has canceled its annual holiday party and will instead shift the funds to the “Neighbors in Need” charity program.
“We recognized...
Washington Trust, Rockland declare divends
WESTERLY – The board of directors of Washington Trust Bancorp Inc. (Nasdaq: WASH) last week declared a quarterly dividend of 21 cents per share...
Firm sues Providence Equity over withdrawn bid
PROVIDENCE – BCE Inc. (TSX, NYSE: BCE), Canada’s largest telecommunications company, is suing a consortium that includes Providence Equity Partners Inc. for withdrawing from...
SEED names Covell its banker of the year
TAUNTON – The South Eastern Economic Development Corporation (SEED) has selected Ellen Covell, a vice president and commercial lending officer at Cape Cod...
RIRRC faces possible $1.9M IRS fine
JOHNSTON – The R.I. Resource Recovery Corporation, manager of the state Central Landfill in Johnston, could face nearly $1.9 million in penalties in a...
Citizens Financial to cut staff by 3.5%
PROVIDENCE – Citizens Financial Group Inc. has announced plans to eliminate 900 jobs next month, in 13 states and several business areas, in response...
Franchises lower risk for startup
With the U.S. economy shedding jobs at a pace unseen in a generation, increasing numbers of late-career workers are opting to start their own...
- Featured Event -
