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HASBRO INC. posted a $428.7 million profit in 2021, a 93% increase from 2020. COURTESY HASBRO INC.

Hasbro posts $253.2M profit in Q3

PAWTUCKET – Hasbro Inc. earned a $253.2 million profit in the third quarter, a 15% rise year over year, the company reported Tuesday. Earnings per...

MTX Group awarded $3.5M in tax credits to open ‘regional collaboration...

PROVIDENCE – MTX Group Inc., a Frisco, Texas-based consulting firm that uses artificial intelligence and data analysis to help its public- and private-sector clients...
R.I. STATE REP. Carlos E. Tobon, D-Pawtucket, is co-chair of the House ARPA Task Force, which will have a say in how the state spends its $1.1 billion slice of the American Rescue Plan Act funding. PBN PHOTO/ELIZABETH GRAHAM

House ARPA chairman: ‘Surgical’ approach needed in spending $1.1B

Billions of federal dollars have been bestowed upon Rhode Island through COVID-19 relief funding, but a large portion of the money sits unused as...

R.I. unemployment rate declines to 5.2% in Sept.

PROVIDENCE – The unemployment rate in Rhode Island was 5.2% in September, a decline from 5.8% in August and 10.9% one year prior, the...
ONE OF TWO PANELS at the Providence Business News Fall 2021 Health Care Summit on Wednesday discuss the COVID-19 vaccine rollout and employer mandates. Clockwise from top left is Matt Reeber, partner at at Pannone Lopes Devereaux & O’Gara LLC; Thomas McCarthy, executive director of Rhode Island’s COVID-19 Response Team; Dr. Christopher Ottiano, medical director at Neighborhood Health Plan of Rhode Island; Lisa Abbott, Lifespan Corp. senior vice president for human resources and community affairs; Dr. Robert MacArthur, chief medical officer at Commonwealth Care Alliance; and moderator PBN Editor Michael Mello.

Summit: Outreach to employees reduces COVID-19 vaccine defiance

PROVIDENCE – Repeated employee outreach – including small group meetings, daily bulletins and even bringing in faith leaders and pregnancy specialists – has proven...

R.I. Foundation releases spending recommendations for ARPA funds

PROVIDENCE – Housing, behavioral health, workforce development and small business took top priority in the Rhode Island Foundation’s recommendations for spending the state’s American...
THE FAVORED SITE for a new state laboratory is Lot 3 of Parcel 25 in the I-195 Redevelopment District, a vacant 1.07-acre site at the corner of Richmond and Clifford streets, according to an R.I. Department of Health presentation. / COURTESY R.I. DEPARTMENT OF HEALTH

I-195 Redevelopment District’s Parcel 25 eyed for proposed, 5-story R.I. health...

PROVIDENCE – The R.I. Department of Health is gaining support for its proposal to build a 5-story building that would house a new state public health...

Elorza announces new small-business grant program using ARPA funds

PROVIDENCE - Mayor Jorge O. Elorza in a press conference on Friday announced the launch of a new city grant program for small businesses...
COURTESY BROWN UNIVERSITY

Endowments swell at Brown, other R.I. colleges

PROVIDENCE – As global financial markets boost college endowments around the country, Brown University saw an "extraordinary single-year return" of 51.5% for fiscal 2021,...

Helena B. Foulkes announces run for governor

PROVIDENCE - Former CVS Health Corp. executive Helena B. Foulkes, a Democrat, has announced her candidacy in Rhode Island's 2022 gubernatorial election. In a video...
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