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Bankruptcy judge grants Prospect access to $100M in loans

PROVIDENCE – Days after filing for bankruptcy, the owner of two safety net hospitals in Rhode Island was granted access to up to $100...

Prospect Medical files for bankruptcy, sale of 2 R.I. hospitals expected...

PROVIDENCE – The owner of two safety net hospitals in Rhode Island has filed for bankruptcy, though state and company officials expect them to...

PBN’s most-read stories of 2024

From high-profile corporate layoffs to controversial real estate sales, fallout from the Washington Bridge shutdown and organization leadership shakeups, the top stories of 2024...

Big Lots reaches deal to keep hundreds of U.S. stores open

The discount chain Big Lots, which filed for bankruptcy protection in September, has reached a deal that will keep hundreds of its stores and...

LL Flooring closing all stores, including 1 in R.I.

PROVIDENCE – LL Flooring, formally known as Lumber Liquidators, is closing all of its stores and will cease operations just weeks after filing for...

Lawmakers seek health care, retirement protections for Steward Health Care workers 

BOSTON (AP) – A group of Democratic members of Congress, led by Sen. Edward Markey of Massachusetts, is seeking reassurances that workers at hospitals owned by...

Dartmouth Mall owner files for bankruptcy protection

PROVIDENCE – The owner of the Dartmouth Mall on Monday filed for bankruptcy protection for the second time in three years.  Shareholders of the Pennsylvania...

TPI Composites lays off 52 employees in Warren

WARREN – TPI Composites Inc. this week laid off 52 employees in Rhode Island, or around one third of its in-state workforce, after a...

Christmas Tree Shops could liquidate entire chain

PROVIDENCE – It may be a cruel summer for fans of the Christmas Tree Shops.  The Massachusetts-based business has been around more than 50 years...
CHRISTMAS TREE SHOPS in Middletown, Warwick and North Attleborough will remain open as the company looks to restructure amid its bankruptcy filing. 

3 local Christmas Tree Shops will remain open amid company restructuring

PROVIDENCE – The two Rhode Island Christmas Tree Shops and one across the Massachusetts border in North Attleborough will remain open as the company...
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