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NAUTIC PARTNERS announced that it has sold IPS Corp. for $700 million.

Nautic Partners sells manufacturer for $700M

  PROVIDENCE - Nautic Partners LLC has sold IPS Corp. for $700 million to Baltimore-based Sherman Capital Holdings LLC, Nautic announced Wednesday. IPS Corp. is a manufacturer...
BUTLER HOSPITAL will be the site of a new 24-hour opioid treatment center, funded through the Department of Behavioral Healthcare, Developmental Disabilities, and Hospitals using a federal grant. / COURTESY BUTLER HOSPITAL

Care New England opening 24-hour opioid treatment center at Butler Hospital

PROVIDENCE — Gov. Gina M. Raimondo and Care New England will announce a new Center of Excellence medication-assisted treatment program for opioid addiction at...

R.I. ranks No. 20 on 2017 State New Economy Index

PROVIDENCE – Rhode Island ranked No. 20 with a score of 66.7 out of a possible 100 on the 2017 State New Economy Index,...
PROVIDENCE WARWICK CONVENTION and Visitors Bureau President and CEO Martha Sheridan (left) and Board Chair Dale Venturini (right) congratulate Hall of Fame Inductee Jeff Hirsh (center) at the PWCVB’s Annual Meeting./ PHOTO COURTESY PWCVB

Hirsh, Clements, Almestica recognized at PWCVB annual meeting

PROVIDENCE – The Providence Warwick Convention and Visitors Bureau celebrated the organization's 2017 achievements at its annual meeting Thursday, which included recognition of local leaders. According to...
THE R.I. AIRPORT CORP. released details of a new property-focused economic development plan that involves land sales, leases, property redevelopment and the creation of green space. / COURTESY R.I. AIRPORT CORP.

RIAC unveils redevelopment plan for land adjacent to T.F. Green

WARWICK – The Rhode Island Airport Corp. announced a new initiative that including the resale, leasing and razing of 10 RIAC properties outside of...
A RENDERING OF the proposed natural gas-powered electrical plant in Burrillville. / COURTESY INVENERGY LLC

Burrillville power plant disqualified from regional electricity auction

PROVIDENCE – Citing ongoing delays in the permitting process, regulators have disqualified Invenergy Thermal Development LLC from participating in an upcoming auction to sell...
THE PBN CYBERSECURITY SUMMIT took place Tuesday at the Crowne Plaza Providence-Warwick. Above, Jeffrey Ziplow, cybersecurity risk assessment partner with BlumShapiro, addresses the crowd./ PBN PHOTO/ MICHAEL SKORSKI

PBN Summit panel: Prepare for cyber intrusions

PROVIDENCE - The massive data breach at Equifax earlier this year was a hot topic during Tuesday’s third annual Cybersecurity Summit hosted by Providence...
THE OFFICE OF THE COMPTROLLER of the Currency will examine how well Santander Bank is meeting the needs of low- and moderate-income neighborhoods as part of its regular fourth-quarter schedule of Community Reinvestment Act evaluations. / BLOOMBERG FILE PHOTO/ANGEL NAVARRETE

Santander announces $11B plan to boost community reinvestment

BOSTON – Santander Bank on Monday announced a new plan to put $11 billion toward community lending, development and charitable giving over the next...
INSURANCE RATES WOULD most likely remain unchanged until the next enrollment period next year for 2019 even if Congress passes a bill restoring Cost Sharing Reduction subsidies to health insurance companies according to a representative for the Office of the Health Insurance Commissioner. / BLOOMBERG FILE PHOTO/ ANDREW HARRER

OHIC: Federal restoration of CSRs won’t guarantee rate reductions

PROVIDENCE —If a bipartisan, congressional restoration of Cost Sharing Reduction subsidies succeeds, a second revision of HealthSource RI’s silver-level health plan rates would require a...
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