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RITE-SOLUTIONS has been awarded a five-year, $20.3 million contract to provide engineering services for the Submarine Combat Control Systems for Naval Undersea Warfare Center Division Newport.

Rite-Solutions receives $20.3M NUWC contract

Technology 12/17/2018

MIDDLETOWN – Rite-Solutions was awarded a five-year, $20.3 million contract from the Naval Undersea Warfare Center Division Newport to provide engineering services for its...

Hotel Hive Providence design approved

Real Estate 12/13/2018

PROVIDENCE – A developer’s plan to create a boutique hotel from the adjoining old Providence Journal and Kresge buildings on Westminster Street has been...

HSRI: Health insurance enrollments are ahead of last year so far

Health Services 12/12/2018

PROVIDENCE — Enrollment for health care through Rhode Island’s Affordable Care Act exchange, HealthSource RI, remains ahead of last year’s signups at 11 percent...

PARTNERS HEALTHCARE has only R.I. Department of Health’s review of its intended merger with Care New England remaining before it can proceed with the deal.

FTC: No challenge for Partners, CNE merger

Health Services 12/11/2018

NEW YORK —The Federal Trade Commission is not opposing the merger of Partners HealthCare of Massachusetts and Care New England, the commission confirmed today. Betsy...

THE U.S. STOCK MARKET bounced back by Monday afternoon after plunging to start the day. / BLOOMBERG NEWS FILE PHOTO/NORIKO HAYASHI

Stocks roar back, led by rebound in tech shares

Economic Activity 12/10/2018

NEW YORK - Gut-wrenching volatility extended into a 12th week Monday as United States equities plunged and recovered, with the Dow Jones Industrial Average...

THE OCTOBER CCI was measured at 42, in Leonard Lardaro's most recent report. A value below 50 indicates contraction. / COURTESY LEONARD LARDARO

CCI value falls to lowest value in more than 2 years

Business Services 12/10/2018

SOUTH KINGSTON – Falling to its lowest point in 28 months, the October Current Conditions Index declined to a value of 42, shedding 25...

LESLIE TAITO has been named CEO of Hope Global. / COURTESY HOPE GLOBAL

Hope Global names Taito CEO, De Santiago president

Manufacturing 12/07/2018

CUMBERLAND – Leslie Taito has been named CEO of Hope Global, succeeding Cheryl Merchant, who was recently named president of the Taco Family of...

IN THE THIRD QUARTER in Rhode Island, 5.7 percent of homeowners with mortgages were in negative equity. / COURTESY CORELOGIC

5.7 percent of R.I. mortgages underwater in Q3

Economy 12/06/2018

PROVIDENCE – In the third quarter of 2018, 5.7 percent of all homeowners with mortgages in Rhode Island had negative equity, a 1.8 percentage-point...

PANELSTS AT PBN's Diversity & Inclusion Summit address attendees at the Crowne Plaza Providence-Warwick. From left to right, Greg Almieda, Guillaume Bagal, Kim Barker Lee, Juan Lopera and Randy Martinez. / PBN PHOTO/ PAMELA BHATIA

PBN Diversity & Inclusion Summit discusses respect, morality, benefits of D&I

PBN Summit 12/05/2018

WARWICK — Panelists at the second Providence Business News Diversity & Inclusion Summit, held at the Crowne Plaza Providence-Warwick Wednesday, agreed that diversity and...