BENEFICIAL MODEL: Tyler Falcone, left, director of information systems and processing services at AIPSO in Johnston, and Joe Devine, interim executive director of Tech Collective in Providence, agree that a new employee recruitment model utilized by Infosys of sourcing talent from local colleges and universities, especially liberal arts majors, and running training programs for tech-production work will allow tech companies to build capable workforces.
 / PBN PHOTO/MICHAEL SALERNO

Infosys looks for more than STEM skills when hiring

Infosys has opened its Providence Design and Innovation Center on Fountain Street, making good on the first 100 of its promised 500 workers to...
WHAT’S OLD IS NEW AGAIN: Newport Collaborative Architects principals, from left, J. Michael Abbott, John K. Grosvenor and Glenn R. Gardiner go over plans to renovate the Surf Hotel on Block Island into a new complex that will be known as the Block Island Beach House.
 / PBN PHOTO/KATE WHITNEY LUCEY

Newport architects manage the revitalization of a Block Island institution

The Surf Hotel, one of the last of the grand dames on Block Island, is having its first significant renovation in a century.Unlike some...
IN DEMAND: In order to keep up with construction-worker demand, Gilbane Building Co. has raised the wage for new hires and hourly pay for summer interns. Pictured on a job site are Danielle Crafford, general superintendent, and Mitchell Sinnott, pipe fitter.
 / PBN FILE PHOTO/MICHAEL SALERNO

Growing projects, added industries seeking workers leave construction pool thin

Four months after the state’s voting public approved two statewide and eight local bond measures investing hundreds of millions of dollars into Rhode Island...
SUCCESSION CONSULTANT: Janice DiPietro, CEO of Exceptional Leaders International, is a consultant on succession for family-owned businesses. She recommends ownership changes be planned several years in advance. 
 / PBN PHOTO/
MICHAEL SALERNO

Communicate intent in succession planning to avoid family rifts

The transition of ownership in a family-owned small business doesn’t have to be stressful and emotional, but it can quickly tip in that direction...
NEW OWNER: Kayla Thompson is the owner of Melissa Ashley Brides in Westerly. Thompson bought her wedding dress at the bridal shop seven years ago and befriended the former owner, Denise Pellegrino, who later hired Thompson. The pair came to a “personal finance agreement” that transitioned ownership to Thompson when Pellegrino was ready to sell.
 / PBN PHOTO/DAVE HANSEN

Financing biggest hurdle to employees becoming boss

When Kayla Thompson walked into Melissa Ashley Brides in Westerly in search of a wedding dress about seven years ago, she had no idea...
IMPROVED PERFORMANCE: Stephen J. White, president and CEO of Westerly Community Credit Union, said the credit union’s net worth has improved since 2011 and it has had “very low delinquency” on loans in recent years.
 / PBN PHOTO/MICHAEL SALERNO

Strong ratings for banks, credit unions

Looking down the federal government’s list of failed banks since 2000, it’s hard to believe there was ever a banking crisis in New England...
BUCKING THE TREND: Brian A. Azar, senior vice president and chief lending officer at Navigant Credit Union, speaks with Deborah Drechnowicz, center, mortgage underwriting supervisor, and Lisa Grimo, mortgage loan underwriter. Unlike most banks, which saw their mortgage loan volume go down, Navigant reported an 8 percent increase from 2017 to 2018.
 / PBN PHOTO/MICHAEL SALERNO

Mortgage rates increase, loan volume drops during tumultuous 2018

After a tumultuous stock market performance in 2018 – especially during the last month of the year amid holiday celebrations – many banks’ mortgage...
ON HOLD: Pictured is an artist’s rendering of planned permanent headquarters to house the state archives. The $52 million project has been stalled due to a lack of budget funds.
 / COURTESY DBVW ARCHITECTS

Lack of funds preventing design and construction of new state archives...

For decades, Rhode Islanders have sought a permanent facility to house, preserve and exhibit the documents collected in the state archives.A July 1924 Providence...

Mass. recording ban unconstitutional

A journalist, or a citizen with a tape recorder, secretly records the conversation or debate involving an elected official or a police officer, in...
ASSESSMENT FEE: Gov. Gina M. Raimondo has proposed a fiscal 2020 budget that includes a Medicaid Employer Assessment Fee, which if approved would annually charge companies that employ 300 or more workers as much as a $1,500 penalty per employee who was not offered health insurance but then qualified for state-supported Medicaid.
 / PBN FILE PHOTO/MICHAEL SALERNO

Raimondo proposes new fee to ensure employers offer health insurance

A powerful disincentive for not offering employees health care insurance is included in the proposed 2020 budget introduced by Gov. Gina M. Raimondo.If a...
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