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TRENDING UPWARD: Washington Trust Co. Chairman and CEO Joseph J. MarcAurele, left, was succeeded by former Chief Operating Officer and President Edward "Ned" O. Handy III. MarcAurele led the bank to multiple years of year-over-year profitability growth since becoming CEO in 2010. / COURTESY WASHINGTON TRUST

Washington Trust CEO, CFO to retire

WESTERLY – There’s a changing of the guard planned this winter for Washington Trust Bancorp Inc., as long-time Chairman and CEO Joseph J. MarcAurele...
EPIVAX PRESIDENT AND CEO Dr. Anne S. De Groot. EpiVax has launched a venture-backed spinoff, Epivax Oncology. / PBN FILE PHOTO

EpiVax launches EpiVax Oncology for personalized cancer vaccines

PROVIDENCE — Immunolgy engineering biotech firm EpiVax Inc. has launched EpiVax Oncology Inc., a venture-backed spinoff focused on the development of personalized therapeutic cancer...
ALLAN TEAR, co-founder and managing partner of Betaspring. An audit by the U.S. Treasury Department found that Betaspring misused $803,644 to fund operations from the Treasury's State Small Business Credit Initiative. / PBN FILE PHOTO/Michael Salerno

Federal audit finds Betaspring intentionally misused $804K

PROVIDENCE – A federal audit released this week claims business-accelerator and consultant Betaspring LLC intentionally misused $803,644 to fund operations in 2012. A manager of...
CVS HEALTH CORP. PRESIDENT AND CEO Larry J. Merlo has vaulted the first hurdle in makiing the proposed CVS Health-Aetna merge a reality, as shareholders of both companies voted to approve the combination Tuesday. / COURTESY CVS HEALTH

CVS announces expansion of efforts to combat opioid abuse

WOONSOCKET – CVS Health Corp. announced an expansion of its efforts to combat national opioid abuse Thursday. The company said it will expand its CVS...
BROWN UNIVERSITY ANNOUCNED A PROGRAM that will convert its financial aid to student from loans to grants. / COURTESY BROWN UNIVERSITY

Brown seeks to convert student loans to student grants

PROVIDENCE – Brown University announced that it has begun a campaign to eliminate loans from the university’s financial aid packages, with the goal of...
A UNIVERSITY OF RHODE ISLAND research initiative measuring the ecological health of Narragansett Bay will receive $19 million from the National Science Foundation's Established Program to Stimulate Competitive Research. / COURTESY UNIVERSITY OF RHODE ISLAND

$19M in NSF funding awarded to URI Narragansett Bay research initiative

PROVIDENCE - Consortium for Coastal Ecology Assessment, Innovation, and Modeling, or C-AIM, a University of Rhode Island research initiative measuring the ecological health of Narragansett...
U.S. SEN. JACK F. REED announced a $126,607 grant to help first responders in Rhode Island be better prepared for hazardous materials emergencies. / COURTESY OFFICE OF U.S. SEN. JACK F. REED

R.I. receives $10.6M in community development grants

PROVIDENCE – Rhode Island will receive $10.6 million in development grants, U.S. Sen. Jack F. Reed announced on Sept. 16. The federal aid comes in...
RHODE ISLAND CONSTRUCTION EMPLOYMENT rose 17.6 percent year over year in August, a higher rate than in any other state in the nation. /COURTESY THE ASSOCIATED GENERAL CONTRACTORS OF AMERICA

R.I. construction employment rises fastest in nation in August

PROVIDENCE - Rhode Island ranked No. 1 in the nation for year-over-year construction employment growth percentage in August, according to the Associated General Contractors...
RHODE ISLAND'S UNEMPLOYMENT RATE remained at 4.3 percent in August. / COURTESY R.I. DEPARTMENT OF LABOR AND TRAINING

R.I. unemployment holds at 4.3 percent in August

PROVIDENCE – The seasonally adjusted unemployment rate in Rhode Island in August held steady for the second consecutive month at 4.3 percent, a 1...
THE UNIVERSITY OF RHODE ISLAND received $1.4 million in scholarship funding from the Robert Noyce Teacher Scholarship Program to educate science, technology, engineering and mathematics teachers. / UNIVERSITY OF RHODE ISLAND

URI School of Education nets $1.4M in scholarships to prepare STEM...

PROVIDENCE - University of Rhode Island's School of Education is the beneficiary of a $1.4 million Robert Noyce Teacher Scholarship Program geared to science,...
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