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ERNST & YOUNG LLP conducted a 10-week analysis on the financial health on the troubled Providence Public School District. The report found that the city's school budget has been traditionally fixed and funds need to be reallocated to support student needs.

Ernst & Young: PPSD budget needs to be more flexible, student-centered

PROVIDENCE – The Providence Public School District has historically viewed its annual operating budget as being fixed and that mentality should shift to a...
THE SHARE OF mortgages in Rhode Island were in negative equity in the third quarter of 2019 was 5%. / BLOOMBERG NEWS FILE PHOTO/DAVID CALVERT

R.I. sees $3.6K boost in home equity Y/Y in Q3

PROVIDENCE – The average equity gain of a homeowner on a mortgage in Rhode Island was $3,555 year over year in the third quarter...
REBECCA BOSS, director of the R.I. Department of Behavioral Healthcare, Developmental Disabilities and Hospitals will depart her role at the end of the year. /COURTESY R.I. DEPARTMENT OF BEHAVIORAL HEALTHCARE, DEVELOPMENTAL DISABILITIES AND HOSPITALS

Boss to depart BHDDH at end of year

PROVIDENCE – Rebecca Boss, director of the R.I. Department of Behavioral Healthcare, Developmental Disabilities and Hospitals, will leave the job at the end of...
MORTGAGE DELINQUENCY in Rhode Island declined to 4.4% of all mortgages in September 2019. / BLOOMBERG NEWS FILE PHOTO/DAVID CALVERT

Mortgage delinquency in R.I. lowers to 4.4% in Sept.

PROVIDENCE – The delinquency rate of mortgages 30 days or more in Rhode Island declined 0.5 percentage points year over year to 4.4% in...
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T.F. Green traffic declines 7.2% in August

WARWICK – Traffic at T.F. Green Airport in August declined 7.2% year over year to 373,485 passengers enplaned and deplaned, according to R.I. Airport...

City Council approves tax deal for Providence hotel

PROVIDENCE – The City Council on Thursday approved a $2.7 million tax break for a developer planning to turn two vacant downtown buildings into...
SIX ORGANIZATIONS and one individual were honored at the PBN Diversity & Inclusion Summit & Awards Program in Warwick on Thursday. The program included a panel discussion on diversity and inclusion in the workplace. / PBN PHOTO/PAMELA BHATIA

PBN summit: Diversity, inclusion go far beyond hiring practices

WARWICK – In the business world, diversity and inclusion mean more than simply hiring more people of color and women. It’s about creating pathways...
LIFESPAN CORP. ended fiscal year 2019 with a $23 million operating loss.

Lifespan posts $23M operating loss in FY 2019

PROVIDENCE – Lifespan Corp. on Wednesday reported a $23 million operating loss for fiscal 2019, following a $30.9 million profit the previous year, and...
THE HOME PRICE INDEX in Rhode Island increased 5.6% year over year in October, the second highest rate of increase in New England. / BLOOMBERG NEWS FILE PHOTO/DERICK E. HINGLE

R.I. HPI increases 5.6% Y/Y in Oct.

PROVIDENCE – The Rhode Island home price index increased 5.6% year over year in October, the second fastest rate of increase in New England,...
A RENDERING of a proposed soccer stadium and related developments around Pawtucket's waterfront. / COURTESY R.I. GOVERNOR'S OFFICE

$400M project selected for Pawtucket waterfront

PAWTUCKET – A $400 million development project that includes a soccer stadium is planned for the city's waterfront, Gov. Gina M. Raimondo and Mayor...
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