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NATIONAL HARDWARE: From left, PBN Director of Sales and Marketing Annemarie Brisson, President and Publisher Roger C. Bergenheim and Editor Mark S. Murphy celebrate the newspaper's recognition as being among the top two newspapers and websites in the nation at the annual Alliance of Area Business Publishers' editorial excellence competition. / PBN PHOTO

PBN among top 2 newspapers and websites in annual national business...

WASHINGTON – Providence Business News took home four awards – including second-place recognition among medium and large newspapers for overall quality as well as...
THE HERITAGE BUILDING, located at 321 South Main Street, Providnece, was sold for $6.5 million. / COURTESY MOTT & CHACE SOTHEBY'S INTERNATIONAL REALTY

Heritage Building sells for $6.5M

PROVIDENCE – The commercial property at 321 South Main St., Providence, known as the Heritage Building, was sold for $6.5 million, according to Mott...
AS OF DEC. 31, the Lady Project will "sunset" its operations after six years growing a 1,600-member following in 15 U.S. cities. Sierra Barter, pictured, spoke to the Providence Business News Thursday about the shuttering. / COURTESY SIERRA BARTER

Lady Project announces ‘sunset’ of operations by end of 2018

PROVIDENCE - In a letter sent to its constituency Thursday, women's economic development nonprofit and networking group The Lady Project announced it will "sunset,"...
THE RHODE ISLAND Association of Realtors reports that the median home price of a single-family house in Rhode Island rose 10 percent in May./COURTESY RHODE ISLAND ASSOCIATION OF REALTORS

Prices for R.I. single-family houses rise 10% in May

WARWICK – Home values in Rhode Island jumped another 10 percentage points in May, over 2017, to a median price of $275,000, according to...
PROVIDENCE'S DEBT ratings were affirmed by Moody's Investors Service at Baa1 and Baa2 for general obligation debt and lease revenue debt, respectively. However, Moody's upgraded the city's debt outlook from negative to stable. / PBN FILE PHOTO/MICHAEL SALERNO

Moody’s upgrades Providence outlook to stable, affirms Baa1 and Baa2 debt...

PROVIDENCE – Moody’s Investors Service Inc. has affirmed Providence’s Baa1 general obligation debt rating and Baa2 lease revenue debt rating, but has revised the...
THE NAVAL UNDERSEA Warfare Center has reached a three-year OT agreement with the Middletown-based Undersea Technology Innovation Consortium that is estimated to award at least $20 million annually for the purpose of prototyping various undersea warfare technologies. The deal can be extended for up to 10 years. / COURTESY NAVAL UNDERSEA WARFARE CENTER

NUWC awards local consortium contract for prototyping undersea and maritime tech

MIDDLETOWN – The Naval Undersea Warfare Center, Division Newport signed a three-year Other Transaction agreement with the Undersea Technology Innovation Consortium for a multimillion...

PBN celebrates Best Places To Work 2018

WARWICK - The region’s business leaders were celebrated at the Providence Business News Best Places to Work 2018 event Thursday evening at the Crowne...
AFTER TWO MONTHS at 4.5 percent, the state's seasonally adjusted unemployment rate fell 0.1 percent to 4.4 percent per R.I. Department of Labor and Training data. / COURTESY R.I. DLT

Unemployment rate falls to 4.4 percent, first decline in 2 months

PROVIDENCE – Breaking a two-month streak at 4.5 percent, the state’s seasonally adjusted unemployment rate fell 0.1 percentage point to 4.4 in May, according...
INFOSYS WILL PARTNER with the Rhode Island School of Design to develop a curriculum for the company's designers and to collaborate on academic projects. Above, Salil Parekh CEO of Infosys. / BLOOMBERG FILE PHOTO/SAMYUKTA LAKSHMI

Infosys to partner with RISD, open design hub this summer

PROVIDENCE - Infosys Ltd. is "doubling down on its investment in Rhode Island," according to Gov. Gina M. Raimondo Wednesday, as the company announced a...
MORTGAGE DELINQUENCY of 30 days or more in the Providence metro area declined 0.7 percentage points year over year in March. The area also experienced a decline in serious delinquency and foreclosure rates. / BLOOMBERG FILE PHOTO/DAVID CALVERT

CoreLogic: R.I. mortgage delinquency continues decline in March

PROVIDENCE – The Providence-Warwick metropolitan area house foreclosure inventory and delinquency rates for March 2018 continued a trend of year-over-year decline, according to a CoreLogic...
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