PANORAMIC VIEW: Homewood Suites by Hilton Providence Downtown, a new extended-stay hotel under construction at the corner of Exchange Street and Memorial Boulevard in downtown Providence, offers panoramic views from the first-floor windows.
 / PBN PHOTO/MICHAEL SALERNO

Two new extended-stay hotels to open in Providence this year

The extended-stay hotel, a segment of the hotel market that is growing nationally, will expand its downtown Providence presence this year with two new...
HIGH PRICES: Mike Giuttari, president of Providence-based commercial real estate brokerage firm MG Commercial, said because demand for commercial real estate is so high in the Greater Boston market and because the Rhode Island market is so close, contractors can charge high prices and if they don’t get them in the Ocean State, they can take their business to Boston. / PBN FILE PHOTO/RUPERT WHITELEY

After a strong 2018, signs of weakening in commercial real estate?

Living in the shadow of a giant can be difficult. Just ask those on the business end of Greater Providence’s commercial real estate market....
INCREASED INTEREST: Carey, Richmond and Viking Insurance, a broker in Middletown, said inquiries and discussions from small to midsized businesses about cyber insurance coverage are up 10 to 20 percent since last year. From left, Jeff Boldt, director of commercial insurance; Irene Leary, marketing manager; and David Andrade, president.
 / PBN PHOTO/RUPERT WHITELEY

Read fine print on cyberthreat coverage

Owners of small to midsized businesses are increasingly worried about their exposure to cyber risks, including data breaches, and are turning to insurance protection...
BETTER COVERAGE: R.I. Health Insurance Commissioner Marie L. Ganim speaks at the PBN Health Care Summit at the Crowne Plaza Providence-Warwick in October 2017. Ganim’s office is completing reports on the state’s four largest health insurers to ensure they are following proper standards and regulations in covering the treatment of mental illnesses and drug addiction. 
 / PBN FILE PHOTO/RUPERT WHITELEY

Conduct exams lead to positive changes in insurance coverage for behavioral...

State reports are expected by this spring on the remaining three of Rhode Island’s four largest health insurers to determine how well they have...
STRATEGIZING: Ocean State Job Lot officials, from left, Donna McLeod, director of recruitment; Bob Selle, chief human resources officer; Lisa Pereira, talent acquisition; and Kara Reddy, talent acquisition specialist, campus and social recruitment, conduct a strategy ­meeting. 
 / PBN PHOTO/MICHAEL SALERNO

Tight labor market demands competitive pay

The minimum wage increased in Rhode Island this month to $10.50 an hour, the second bump in two years. For the estimated 20,000 to 30,000...

Tax overhaul changes haven’t deterred charitable giving

For Lynn O’Marra, Blum, Shapiro & Co. PC tax principal, 2018 stands out in her nearly 25-year tenure in the industry as a memorably...
NEW CONSORTIUM: Touba Ghadessi, left, co-founder of the Wheaton Institute for Interdisciplinary Humanities, speaks with Alison Ricco, administrative associate office of the provost. Ghadessi hopes to encourage more students to pursue the humanities as a career path by partnering with 10 other New England-based higher education institutions with humanities centers to form the New England Humanities Consortium./PBN PHOTO/
MICHAEL SALERNO.

Schools form consortium to encourage students to pursue humanities degrees

As co-founder of the Wheaton Institute for Interdisciplinary Humanities at Wheaton College in Norton, Touba Ghadessi knows all too well how the humanities have...
RECORD ENDOWMENT: Students walk across campus in front of Friedman Hall at Brown University in Providence. Brown has the largest endowment among Rhode Island colleges and universities, which grew to a record $3.8 billion, the school reported in October.
 / COURTESY BROWN UNIVERSITY

Colleges’ reliance on endowments ‘never been greater’

By the end of January, analysts will come out with their annual report on the performance of endowments of U.S. colleges and universities, including...
PIPE FITTER: Michael Stuba trains to become a pipe fitter for General Dynamics Electric Boat through a Westerly Education Center program put on by the Community College of Rhode Island. / PBN FILE PHOTO/BRIAN MCDONALD

Boost for school construction, job training

The Ocean State had its eyes on the public school system this past year, as two statewide ballot requests for funding, not to mention...
INCREASED ENROLLMENT: Aaliyah Perez is a customer service representative at HealthSource RI’s Walk-in Center in East Providence. The state’s health exchange had enrolled 31,771 people for health care insurance as of Dec. 10, 11 percent higher than on the same date in 2017.
 / PBN FILE PHOTO/MICHAEL SALERNO

Partnerships, high-profile merger plan lead the way in health care

2018 began with health risks, routine and unforeseen, and proposed partnerships, and ended with uncertainty over the fate of the $78 billion merger of...

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