Navigant announces proposed merger with Postal Government Employees FCU
SMITHFIELD – Navigant Credit Union announced on Tuesday it intends to merge with the Providence-headquartered Postal Government Employees Federal Credit Union. Navigant will subsume...
Nursing homes not hopeful relief coming from state leaders
With only a month left in the legislative session, state leaders appear no closer to solving the unprecedented crisis facing Rhode Island’s nursing homes.
Bleeding...
Bryant to expand campus with ‘transformational’ donation from Fidelity
SMITHFIELD – Bryant University on Thursday announced its campus will undergo a “transformational” expansion after accepting the donation of a 250,000-square-foot building from neighboring...
Citizens Bank to pay $9M penalty for unlawful credit card servicing
PROVIDENCE – Without admitting fault, Citizens Bank on Tuesday agreed to pay $9 million to settle allegations of failing to properly manage and respond...
Federal judge denies Cranston hotel giant’s $100M COVID-19 loss insurance claim
PROVIDENCE – A federal judge last week dismissed a $100 million breach of contract lawsuit filed by the Procaccianti hotel group.
The Procaccianti Cos. of...
Bank of America agrees to settle customer class action suit for...
PROVIDENCE – Bank of America Corp. agreed this week to pay out $8 million to customers to settle a class action lawsuit that claimed...
Kids Count: Racial disparities continue to severely impact R.I. children, families
PROVIDENCE – As Rhode Island’s population continues to grow in diversity, the state must urgently address disparities that disproportionately impact children of color, Rhode...
Homeless advocates urge Armory building be kept open or mayor provide...
PROVIDENCE – When Ruth "Diamond" Madsen lived on the streets two decades ago, Rhode Island's homelessness situation was already dire, she recalled.
And while Madsen,...
Fed raises key rate but hints it may pause amid bank...
WASHINGTON (AP) – The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the...
City Treasurer Lombardi stepping down to join cybersecurity firm
PROVIDENCE – James J. Lombardi III, treasurer for the City of Providence and longtime senior adviser to the City Council, announced on Monday that...
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