2 Rhode Island nursing homes file for receivership, citing ‘inability to...
PROVIDENCE – Two Rhode Island nursing homes have filed for receivership, declaring their “inability to pay debts as they come due.”
However, neither residents nor...
Lifespan reports $3.7 million operating loss in Q2
PROVIDENCE – Following a positive operating income at the beginning of the fiscal year, Lifespan Corp. took a downward turn financially in the second...
R.I. fears missing out on sports betting revenue. Is it prepared...
Rhode Island lawmakers look across state lines to Massachusetts and Connecticut to see how they enacted sports betting, and all they see are dollar...
PBN announces 2023 40 Under Forty honorees
PROVIDENCE – Forty young professionals have been chosen as the winners of Providence Business News’ 19th annual 40 Under Forty program.
The honorees were selected...
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...
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