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SBA 7(a), 504 programs tapped out again

WASHINGTON – Two U.S. Small Business Administration loan programs have run out of money, the federal agency said Wednesday. The agency’s 7(a) and 504 programs...
AN EMPLOYEE walks by the corporate logo at a Sperian factory in France last year. Honeywell is buying the company, which has operations in Smithfield. /

Honeywell to buy Uvex owner Sperian

(Updated, 3:00 p.m.) SMITHFIELD – Honeywell International Inc. has agreed to buy France’s Sperian Protection S.A., which makes protective goggles under brands including Uvex Safety,...

R.I.’s Biomedical Structures gets $3.8M

WARWICK – Biomedical Structures LLC has received a $3.75 million investment in a financing round led by Ampersand Ventures, a Boston private equity firm,...

Providence one of 10 ‘most underrated’

PROVIDENCE – How is Rhode Island’s capital city like Rodney Dangerfield? It gets no respect. That, at least, is the opinion of the editors at...
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Covidien sells specialty chemicals unit

MANSFIELD – Covidien Plc said Wednesday it has agreed to sell its specialty chemicals division to an affiliate of New Mountain Capital LLC for...
"INCREASED GLOBALIZATION and heightened security concerns have required ship owners and charterers to find new ways to manage information, reduce port call costs and increase port call safety and security measures," said Susan Newman, Moran Shipping chief financial officer.   /

Five Questions With: Susan Newman

Susan Newman is chief financial officer at Moran Shipping Agencies Inc. in Providence. PBN: Many people may have never heard of ships agents. What does...

Covidien shows new hemorrhoid-stapler

MANSFIELD – Covidien Plc last week demonstrated its new hemorrhoid-stapling technology at the American Society of Colon and Rectal Surgeons’ annual scientific meeting in...

Casino puts BioPark in doubt

FALL RIVER – City officials’ decision to back using a 300-acre site here to build a resort-style casino instead of a planned biotechnology park...

Astro-Med swings to profit as sales rise

WEST WARWICK – Astro-Med Inc. swung to a profit in its fiscal first quarter as sales of its specialty electronics rose 16 percent and...

C. Falls’ debt surged prior to insolvency

(Updated, 9:15 a.m.) PROVIDENCE – Central Falls’ borrowing rose significantly in the three years before its leaders declared insolvency last week, according to an analysis...
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