R.I. EDC approves $200K in innovation tax credits, $200K in financing
PROVIDENCE – The R.I. Economic Development Corporation board Monday approved $200,000 worth of innovation tax credits for two companies that say they will create...
Wash Trust finances purchase of Zooma building
PROVIDENCE – The Washington Trust Co.’s commercial and industrial lending group – in participation with the Ocean State Business Development Corp. – recently provided...
Webster provides financing to N.E. Office Supply
BOSTON – Webster Bank said last week that it has provided $5.6 million in financing for New England Office Supply Inc., of Braintree, Mass.,...
Five Questions With: Denise D. Tansey
Denise D. Tansey is the new security manager at People’s Credit Union, Rhode Island’s third largest credit union. These days, security for financial institutions...
St. Anne’s readies New Bedford branch
NEW BEDFORD – Fall River-based Saint Anne’s Credit Union is moving forward with plans to open a New Bedford branch in February, breaking ground...
Citizens increases size of CollegeSaver program
PROVIDENCE – Citizens Financial Group Inc. says it is increasing the size of the CollegeSaver program, raising the age under which families can enroll...
Issa out as Sovereign Bank regional chief, future plans unclear
PROVIDENCE – Steven J. Issa, regional CEO of Sovereign Bank for more than three years, has stepped down, although the circumstances surrounding his departure...
China’s 7.4% stake in General Growth is a bet on U.S....
WASHINGTON - China’s sovereign wealth fund, in a bet that U.S. real estate and retail spending will recover, has acquired a 7.4 percent stake...
GTECH named winner of Texas lottery contract, seen covering 80% of...
PROVIDENCE – GTECH Corp. has been named the winner of a contract for the Texas Lottery Commission, according to a new release published by...
Gas prices break through $3 mark ahead of ‘heavy’ Thanksgiving traffic
PROVIDENCE – Gasoline prices broke through the $3.00 benchmark, shooting upward by an average of 6 cents from last week, AAA Southern New England...