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SAVINGS EATEN AWAY: Chicago Alderman Tom Tunney, inside the main Ann Sather restaurant in Chicago, estimates he’s put $250,000 of his own money into running his three restaurants. / AP PHOTO/CHARLES REX ARBOGAST

Owners tap into savings to withstand pandemic

NEW YORK – When the coronavirus outbreak forced cruise lines to cancel trips to Alaska, it wiped out Midgi Moore’s tour business, leaving her...

Fixes possible for U.S. manufacturing sector

The COVID-19 pandemic has revealed deficiencies in the U.S. manufacturing sector’s ability to provide necessary products. With heavy reliance on global supply chains and foreign...
EMPTY SEATS: Yoleni’s co-owner John Philippides, left, and marketing manager Danny Willis say their business and many others in downtown Providence are dependent on college students returning to the city this month and next.  / PBN FILE PHOTO/MICHAEL SALERNO

Helping Providence’s downtown is boost for the entire state

Providence is the engine that drives Rhode Island’s economy. And the downtown is the capital city’s heartbeat. It’s been that way since a transformation that...
Dylan Conley

Small business neglected in recovery plans

Congress has failed Rhode Island business. When the Great Recession hit in 2008, despite the lessons that could have been learned from the dotcom...

Beige Book: N.E. businesses continue to have ‘considerable uncertainty’ on economy

PROVIDENCE – Economic activity in New England picked up somewhat in the second half of May and all of June, the Federal Reserve’s Beige...

What’s worse, the pandemic or the cure?

The coronavirus pandemic catapulted the country into one of the deepest recessions in U.S. history, leaving millions without jobs or health insurance. There is...

Be resilient before recovery is needed

Even if all you had to worry about were the quality of your company’s products or services and continued growth of the customer base,...
GLEN BUHLMANN, lower left, fills out a job application during a walk- and drive-up job fair in Seattle for clothing maker Outdoor Research in May. U.S. employers likely rehired several million more workers in June, thereby reducing a Depression-level unemployment rate, but the most up-to-date data suggests that a resurgent coronavirus will limit further gains. / AP FILE PHOTO/TED S. WARREN

U.S. unemployment falls to 11%, but new shutdowns underway

WASHINGTON (AP) – U.S. unemployment fell to 11.1% in June as the economy added a solid 4.8 million jobs, the government reported Thursday. But...
MISSING THE FUN: Dawn Abbott, CEO of Fun Productions, a small corporate-events company that she started in 1991, is shown amid the unused items in the company’s northeast Denver warehouse.  / AP PHOTO/DAVID ZALUBOWSKI

More workers losing hope of getting back jobs

Eric Benz didn’t worry very much when his graphic design firm in Atlanta laid him off in March. He felt sure he’d be recalled...

Lardaro: At its lowest, R.I. could use COVID-19 crisis as opportunity...

PROVIDENCE – University of Rhode Island economist Leonard Lardaro said he hopes April is the “absolute bottom” for the struggling economies of the state and...

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