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Tuesday, January 19, 2021

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- All 5Q Business Bestsellers Business Women Cover Story Dining Out Editorials Everybody's Business Executive Poll Featured Focus Franchisee Fresh Design Health Matters Hot Topic It's Personal Lists New Construction One Last Thing Op-Ed Something New Spotlight Trending What’s Happening Who Owns the Block?Who's on the Board?
  
  Government
  
  Cross-border differences in sales-tax policy create headaches
  
  January 15, 2021 6:03 am
  
  The rise of interstate e-commerce is magnifying long-standing differences in sales-tax laws among various states, forcing retailers with far-flung customers to adhere to 50...
  
  Lists
  
  List: Newport Restaurants
  
  January 15, 2021 12:08 am
  
  CLOSER LOOK: Re-ranked by number of reviews: 1. The Mooring | No. of reviews: 1,756 2. The Red Parrot Restaurant | No. of reviews: 969 3. 22 Bowen’s...
  
  Lists
  
  List: Providence Restaurants
  
  January 15, 2021 12:02 am
  
  CLOSER LOOK: Re-ranked by number of reviews: 1. Hemenway’s Seafood Grill & Oyster Bar | No. of reviews: 740 2. Gracie’s | No. of reviews: 661 3. Massimo...
  
  Coronavirus
  
  Pandemic, progressives, new House leadership could put twist on...
  
  January 8, 2021 4:00 am
  
  The 2021 legislative session is shaping up to be another severe departure from the norm, with a temporary change of venue for both chambers,...
  
  Coronavirus
  
  Banks on higher alert for credit weakness
  
  January 8, 2021 3:51 am
  
  In his 50 years as a customer of The Washington Trust Co., John Bellone has never deferred a loan payment. Not through the 2008...
  
  Entrepreneurship
  
  Everybody’s Business: Finding value in shared connections
  
  January 8, 2021 3:20 am
  
  (Editor’s note: This is the fifth installment in a monthly series speaking with minority business owners and leaders. Each will be asked their views...
  
  Coronavirus
  
  Seize the moment
  
  January 8, 2021 3:10 am
  
  Ross Gittell | Bryant University president More than 4,000 institutions of higher education in the United States serve approximately 20 million students and this year...
  
  Editorial and Op-Ed
  
  Block Island tourism surprises
  
  January 8, 2021 2:38 am
  
  Amid the widespread economic carnage wrought by the pandemic in 2020, somehow tiny Block Island and its tourist-dependent businesses emerged to fight another day. “No...
News
Health Care
- Coronavirus
  
  25% of vaccine doses have been received by Rhode...
  
  January 18, 2021 8:18 pm
  
  PROVIDENCE – Rhode Islanders who are anxiously awaiting vaccination against the COVID-19 virus will now have a better idea of who has been getting...
  
  Health Services
  
  Report: Average nurse salary in R.I. 43.8% higher than...
  
  January 18, 2021 3:11 pm
  
  PROVIDENCE – The average wage of a nurse in Rhode Island was 43.8% higher than the average salary of all occupations in the state,...
  
  Health Services
  
  CNE expands women’s health, addiction and weight loss treatment...
  
  January 17, 2021 10:45 pm
  
  SOUTH KINGSTOWN – Care New England Health System is expanding its South County presence by offering more services, including behavioral and women’s health care...
  
  Health Services
  
  Five Questions With: Mark Cooper
  
  January 17, 2021 10:30 pm
  
  In September, Mark Cooper was named vice president of Medicare-Medicaid Product at Neighborhood Health Plan of Rhode Island after working for nearly 20 years...
  
  Health Services
  
  Lifespan’s third urgent care center opens in Providence
  
  January 17, 2021 10:20 pm
  
  PROVIDENCE – Lifespan Corp.’s newest urgent care center is now open in the city. The facility, located in the former Benny’s store at 66...
Education
- Coronavirus
  
  URI’s annual Food System Summit to focus on COVID-19...
  
  January 18, 2021 11:17 am
  
  SOUTH KINGSTOWN – University of Rhode Island’s fifth annual Rhode Island Food System Summit will focus on the impact of COVID-19 pandemic on food...
  
  Education
  
  RIC $76K-per-week consultant contract terminated
  
  January 14, 2021 10:53 am
  
  PROVIDENCE – The state has terminated a $76,000-per-week contract granted to a consulting firm that was providing financial analysis and recommendations to Rhode Island...
  
  Education
  
  Fuller named UMass Dartmouth’s interim chancellor
  
  January 12, 2021 2:25 pm
  
  DARTMOUTH – Mark Fuller, currently the University of Massachusetts Amherst’s vice chancellor for advancement and former dean of the university’s Isenberg School of Management,...
  
  Coronavirus
  
  Rhode Island School of Design cancels 2021 in-person commencement;...
  
  January 11, 2021 3:58 pm
  
  PROVIDENCE – The Rhode Island School of Design announced Monday that it is canceling its in-person commencement for the Class of 2021 and will...
  
  Education
  
  Consultant hired for RIC review at the rate of...
  
  January 11, 2021 12:30 pm
  
  PROVIDENCE – The state has hired Alvarez & Marsal Public Sector Services LLC to provide analysis and recommendations related to programmatic, operational and financial improvements...
Real Estate
- Health Services
  
  Lifespan’s third urgent care center opens in Providence
  
  January 17, 2021 10:20 pm
  
  PROVIDENCE – Lifespan Corp.’s newest urgent care center is now open in the city. The facility, located in the former Benny’s store at 66...
  
  Real Estate
  
  Median price of single-family home in R.I. rises to...
  
  January 15, 2021 10:55 am
  
  PROVIDENCE – The median price of a single family home in Rhode Island in 2020 was $319,900, a rise of 12.3% year over year,...
  
  Real Estate
  
  Brown Medicine expands into Class A space in Smithfield
  
  January 15, 2021 6:28 am
  
  SMITHFIELD – Brown Medicine, a nonprofit primary care and subspecialty medical group practice, will expand this spring into a newly renovated facility in the...
  
  Real Estate
  
  South Kingstown colonial sells for $1.1M
  
  January 15, 2021 6:28 am
  
  SOUTH KINGSTOWN – A historical home on 4.7 acres has sold for $1.1 million, according to Residential Properties Ltd., which represented both buyers and...
  
  Real Estate
  
  Five Questions With: Jennifer Hawkins
  
  January 13, 2021 10:30 pm
  
  Jennifer Hawkins, the executive director of ONE Neighborhood Builders, a community-development organization in Providence, spoke to Providence Business News recently about the Central Providence...
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Home Tags Bank Of America

MAJOR BANKS in the U.S are preparing for a surge in loan defaults due to the COVID-19 pandemic. / AP FILE PHOTO/ STEVEN SENNE

Banks brace for big loan defaults by U.S., global customers

Coronavirus April 15, 2020 12:35 pm

NEW YORK (AP) – The major banks in the United States are anticipating a flood of loan defaults as households and business customers take...

EDYTHE M. DE MARCO is a financial adviser with Merrill Lynch Wealth Management in Providence. / COURTESY BANK OF AMERICA CORP.

Five Questions With: Edythe M. De Marco

Financial Services February 28, 2020 5:07 am

Edythe M. De Marco is a financial adviser with Merrill Lynch Wealth Management in Providence and was recently named by Forbes as a 2020...

SBA: Citizens, BankNewport top list of lenders to R.I. small...

Financial Services February 24, 2020 10:45 pm

PROVIDENCE – Citizens Bank was the top lender to Rhode Island small businesses through the U.S. Small Business Administration’s 7a loan program from Oct....

Survey: Citizens lags big banks on customer banking advice satisfaction

Financial Services February 17, 2020 10:45 pm

PROVIDENCE – Big banks’ digital advice offerings make them more popular with customers than their regional bank counterparts, including Rhode Island-based Citizens Bank. This was...

Are there new options in works for ‘Superman’ building?

Economy February 14, 2020 2:45 am

Discussions have been rekindled about how to reoccupy the “Superman” building, the iconic Providence skyscraper that’s been empty and dark for seven years. But...

BANK OF AMERICA posted a $4 billion profit in the first quarter of 2020, reflecting a sharp increase in funds set aside for bad loans. AP FILE PHOTO/STEVEN SENNE

Bank of America eyes growth in employee benefits as Morgan Stanley...

Financial Services February 12, 2020 11:25 am

NEW YORK – Bank of America Corp. is seeking to become a one-stop shop for employee benefits. The Charlotte, N.C.-based lender is uniting its offerings...

BANK OF AMERICA CEO Brian Moynihan received $26.5 million in total compensation in 2019. / BLOOMBERG NEWS FILE PHOTO/SIMON DAWSON

BofA leaves CEO’s pay flat at $26.5M after decade at helm

Financial Services February 7, 2020 3:43 pm

Bank of America Corp. awarded CEO Brian Moynihan $26.5 million for 2019, unchanged from a record amount a year earlier. Moynihan, 60, received $25 million...

Citizens, Bank of America recognized for largest dividend increases in...

Financial Services January 31, 2020 6:02 am

PROVIDENCE – It was a good year to be an investor in Citizens Bank and Bank of America Corp. The two banks were among the...

BANK OF AMERICA earned $6.99 billion in the fourth quarter. / AP FILE PHOTO/STEVEN SENNE

Bank of America 4Q profits fall with lower interest rates

Economic Activity January 15, 2020 9:23 am

NEW YORK (AP) – Consumer banking giant Bank of America is saying its fourth-quarter profits fell 4% from a year ago, as the bank...

265 Atwells Ave. (1909) OWNER: Alan R. Costantino TENANT: Costantino’s Venda  Bar & Ristorante

Who Owns the Block?

Real Estate January 10, 2020 1:30 am

Atwells Avenue (Weeden Street to De Pasquale Avenue), Providence PBN RESEARCH AND PHOTOS/CASSIUS SHUMAN PBN GRAPHIC/LISA LAGRECA

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Latest News

Final Main Street Lending numbers show little R.I. participation from banks,...

January 18, 2021 10:45 pm

Five Questions With: Andy Posner

January 18, 2021 10:30 pm

BankNewport, R.I. Food Bank launch new fundraiser with $50K donation

January 18, 2021 10:20 pm

Providence completes bond refunding with $2M savings

January 18, 2021 10:10 pm

Mechanics Cooperative Bank donates $12K to 3 charities

January 18, 2021 10:00 pm

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Lifespan’s third urgent care center opens in Providence

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