Monday, December 5, 2022

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Tag: Great Recession

Shutterfly CEO sees ‘choppy’ times through her economic lens 

SAN FRANCISCO (AP) – While other technology companies lay off workers and try to cut other costs amid a post-pandemic comedown, Shutterfly CEO Hilary...
BUSINESS ­TRIALS: Cumberland-based Neurotech Pharmaceuticals Inc. has been among the companies dealing with supply chain and hiring challenges. Pictured above are CEO Richard Small and process development engineer Lovisa Selander. 
PBN FILE PHOTO/­RUPERT WHITELEY

PBN survey: Businesses beat down but still fighting

The worst of the health-related ravages of the pandemic may be over nationally if you believe President Joe Biden. But the economic consequences continue...

U.S. consumers gaining confidence as gas prices keep falling

WASHINGTON (AP) – U.S. consumers grew more confident for the second month in a row as gas prices continued to fall. The Conference Board said...
WORKING TOGETHER: Panelists discuss the ways government and businesses in Rhode Island can work hand in hand to increase access to funds and develop a larger talent pool for various industries during a virtual conversation moderated by PBN Editor Michael Mello, center, and Mark S. Murphy, top left. Clockwise from the top middle are: Eric M. Shorr, Michael E. McKelvy, Edward O. “Ned” Handy III, Marcela Betancur, Chris Parisi and Betty Robson.

Call to arms for government, businesses

On the occasion of Providence Business News’ 35th anniversary, six business and community leaders joined in a virtual discussion on Rhode Island’s economy –...
EXPANDED OFFERINGS: John Nunes Jr., owner of Newport Vineyards and Winery LLC in Middletown, said the business has fared much better in weathering the COVID-19 pandemic than it did the 2008 financial crisis due to its diversification into “agritainment,” offering customers a full experience of wining, dining and touring the 100-acre farm beyond just selling bottled wine. / PBN PHOTO/DAVE HANSEN

PBN survey: Rebound under way, but repercussions from pandemic not making...

Rhode Island businesses are climbing out of the crater caused by the COVID-19 pandemic, but many are finding that the lingering fallout is dampening...

Will frenzy in home sales last?

While 2020 marked the worst of times for many Rhode Islanders, for those selling high-end homes it was an absolute banner year. As this week’s...
EYEING SPRING: Warwick’s ­Apponaug Brewing Co. is hoping spring will bring crowds back to a large outdoor patio. Above, foreground, is co-owner Kris Waugh. / PBN FILE PHOTO/MICHAEL SALERNO

Businesses see more reasons for hope than in 2008

When PBN started its biannual business survey during the depths of the Great Recession in 2008, the local economy was experiencing the most sustained...
Colin P. Kane helped establish Peregrine Group LLC in 2001. 
The real estate development and 
advisory firm has offices in East Providence, Newport and Boston. / PBN PHOTO/RUPERT WHITELEY

Weathering the storm

Colin P. Kane | Peregrine Group LLC founding principal Since starting my career as a 21-year old U.S. Navy officer, any success is a result...

Housing gap widens in R.I.

Every down economy has winners, and right now luxury homebuilders in Rhode Island have all the work they can handle. It was not that way...
NEW USES: East Providence Mayor Roberto DaSilva says waterfront redevelopment will help the city attract more residents and visitors. He’s pictured on a public pier at the Kettle Point development. / PBN FILE PHOTO/ MICHAEL SALERNO

Pandemic hasn’t stopped momentum for redevelopment in East Prov.

It’s too soon to predict the pandemic’s long-term effects on development across the state and region, but the early signs in East Providence are...
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