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Sunday, February 18, 2018

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LAGGING THE HIGH ACHIEVERS: Rhode Island is not among the top 10 states for the portion of millennials, age 25-34 who have a college degree, according to the Brookings Institution, although at No. 14, the state ranked better than the Providence metro area, which placed at No. 49 among the top 100 metros in the nation.

What is the most important takeaway from the Brookings report that...

The Raimondo administration has made a point of trying to upgrade the educational attainment of the state’s college-age students, the better to take part...
EAST PROVIDENCE CAREER & TECHNICAL CENTER'S team won the Food Service Management portion of the Seventh Annual Rhode Island ProStart High School Culinary & Management Competition. From left: Chef Ray McCue, Johnson & Wales University; Instructor Chef William Walker, East Providence Career & Technical Center; students Shelby Wilkerson, Sidney Robertson, Nayelle Vieira and Luana Rodrigues; Dale J. Venturini, president and CEO, Rhode Island Hospitality Association; and R.I. Speaker of the House Nicholas A. Mattiello. / COURTESY RHODE ISLAND HOSPITALITY EDUCATION FOUNDATION

RIHEF names winners of 7th Annual Rhode Island ProStart High School...

PROVIDENCE – The Rhode Island Hospitality Education Foundation in collaboration with ProStart announced the winners of the Seventh Annual Rhode Island ProStart High School Culinary...
ANALYSTS believe that despite the cash freed up by the recent tax bill, companies will still borrow money to execute mergers and acquisitions. / BLOOMBERG

Big M&A deals seen keeping corporate borrowing spree alive

NEW YORK - Get ready for what could be another record year for corporate borrowing. The U.S. tax overhaul is freeing up cash for companies and...

UMass Dartmouth professor receives $452,454 NSF award

DARTMOUTH - University of Massachusetts Dartmouth Professor of Electrical and Computer Engineering Lance Fiondella received a $452,454 five-year National Science Foundation CAREER award, according to...
CARE NEW ENGLAND reported an operating loss of $33.7 million in the first quarter of fiscal 2018, noting Memorial Hospital's closure was a major factor in the loss.

Care New England shows revenue growth, but reports $33.7M operating loss

PROVIDENCE – Care New England released its FY 2018 first quarter report Thursday, showing an operating loss of $33.7 million and a loss of...
FIDELITY CHARITABLE announced a record-breaking giving year for 2017 awarding more than one million grants worth $4.5 billion to roughly 127,000 nonprofit organizations. / COURTESY FIDELITY CHARITABLE

Fidelity Charitable celebrates $4.5B, record-breaking 2017

PROVIDENCE - Breaking its previous record of $3.5 billion in 2016, Fidelity Charitable awarded $4.5 billion through more than one million grants to roughly...
U.S. SPECIAL COUNSEL Robert S. Mueller III has indicted 13 Russian nationals and three companies for meddling in U.S. elections. / BLOOMBERG FILE PHOTO/CHRIS KLEPONIS

Mueller charges Russians with pro-Trump, anti-Clinton meddling

NEW YORK - U.S. Special Counsel Robert Mueller unveiled the details of a widespread and coordinated campaign by Russians to influence the U.S. presidential election...
U.S. CONSUMER SENTIMENT in February rose to to 99.9, beating estimates. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

U.S. consumer sentiment jumps as tax cuts blunt stock drop

NEW YORK - U.S. consumer sentiment unexpectedly rose in February to the second-highest level since 2004 as tax cuts and a strong job market helped...
AN ORDINANCE TO REDUCE the number of single-use plastic bags in Providence was introduced to the City Council. / BLOOMBERG FILE PHOTO/GRAHAM BARCLAY

Ordinance to reduce single-use plastic bags introduced to Providence City Council

PROVIDENCE – Providence City Council Majority Whip Jo-Ann Ryan, D-Ward 5, introduced an ordinance on Thursday that would reduce the use of single-use plastic...
WHEATON COLLEGE received a $10 million commitment to integrate social entrepreneurship into the study of the liberal arts and sciences. /

Wheaton College receives $10M commitment for social entrepreneurship education

NORTON – Wheaton College received a $10 million commitment from the Diana Davis Spencer Foundation to support the integration of social entrepreneurship education into...
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People on the Move

BankNewport Announces Community Development Appointment

NEWPORT, R.I. (February 12, 2018) - BankNewport President and CEO, Sandra J. Pattie recently announced the appointment of Adriana I. Dawson to Vice President,...

BankNewport Appoints Merrill To Chief Operating Officer

NEWPORT, R.I. (February 7, 2018) - BankNewport President and CEO, Sandra J. Pattie recently announced the appointment of Leland R. Merrill to Executive Vice...

Edmund A. Restivo, Jr., Co-Founder and Managing Partner of Restivo Monacelli LLP, Elected to...

PROVIDENCE, R.I. February 1, 2018 – Edmund A. Restivo, Jr., Co-Founder and Managing Partner of Restivo Monacelli LLP, was elected to the Providence Preservation...

Press Releases

“Top RI Mortgage Professional Evelyn Perez Joins the Province Mortgage Associates, Inc. Team”

Province Mortgage Associates continues to reinforce its unwavering commitment to growth with the hiring of one of the highest producing mortgage professionals in RI,...

RE: New Premium Indoor Shooting Range to open in Richmond, Rhode Island

The shooting range is the business venture of Paul Mihailides, a proven and recognized entrepreneur, who saw a need for a high quality indoor...

RIMA to Host Free Tax Reform and R&D Credits Event for Manufacturers

(Providence, Rhode Island) – February 13, 2018 – The Rhode Island Manufacturers Association, an organization dedicated to connecting Rhode Island manufacturers with the resources...

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