Wednesday, February 1, 2023

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Addressing climate change through endowment investments

Harvard University will keep phasing out all investments tied to oil, gas and coal, it announced on Sept. 9. Harvard President Larry Bacow cast...
MODERATION: Ronald W. Kent Jr., president of Spinnaker Asset Management, recommends that less than 2% of a retail investor’s portfolio should go to ­cryptocurrency. / PBN PHOTO/
MICHAEL SALERNO

Cryptocurrency taking investors on wild ride

As a private-capital investor who also manages his own personal portfolio, David Homonoff has always watched the market with close attention. When he saw the...

Big gain in stock market not really so big

Major U.S. stock markets, depending on which index you prefer, are up anywhere from 21% to 33% this year. Those are big gains, making...

Why not try honorary ambassadors?

The late Robert J. Healey Jr. endeared himself to many Rhode Islanders during three unsuccessful runs for lieutenant governor, primarily on a platform of...

How the GA-backed investment fund works

This is how the Small Business Development Fund, as approved by the General Assembly, would work: The state would issue up to $42 million in...

Napatree Capital Expands Team with Mike Moses

Michael Moses is a senior member of the investment and advisory team. With more than 25 years of experience, he recently served as a...
BAD FOR TAXPAYERS? Gov. Gina M. Raimondo on Sept. 16 said a new Small Business Development Fund approved by state lawmakers was not good for taxpayers. She supports R.I. Commerce Corp.’s plans to create rules to ensure proper oversight of tax credits approved under the program.
 / PBN FILE PHOTO/
MICHAEL SALERNO

Tax-credit program needs strong oversight to pay off

Economic-development officials took a good step on Sept. 16 in agreeing to create clear rules ahead of the rollout of a new tax-credit program...
BEHAVECARE has rebranded as Upward Health and has recently finished a $8 million round of Series A fundraising.

BehaveCare changes name to Upward Health, finishes $8M round of funding

PROVIDENCE – BehaveCare Inc. has changed its name to Upward Health National LLC, the organization announced Tuesday, along with saying that it had completed...

NAFTA alternative a bad deal

President Donald Trump claims he has “tremendous Democrat support” in the House for the accord he signed last year with Mexico and Canada to...
SPENDING PRIORITIES: Yet again, the General Assembly seems to reject Gov. Gina M. Raimondo’s programs designed to grow Rhode Island’s economy, in this case through improved worker-training ­programs.
 / PBN FILE PHOTO/DAVE HANSEN

Yet again, GA chooses spending over investment in R.I.’s future

It is clear what vision of Rhode Island the General Assembly has. Rather than slowing down the elimination of the state’s car tax, the fiscal...
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