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THE FEDERAL RESERVE, shown above, has issued a report that anticipates increased commercial lending by credit unions based on the relaxing of rules two years ago. Is that a good thing? / BLOOMBERG FILE PHOTO/ANDREW HARRER

Is the expansion of commercial lending by credit unions a good...

New regulations that went into effect in January 2017 relaxed the limits on commercial lending that credit unions may do, the latest twist in...

U.K. finance watchdog makes less from fines after a bumper year,...

LONDON – The total value of fines handed out by the United Kingdom’s Financial Conduct Authority fell by almost 75 percent in 2018, after...
PROVIDENCE MAYOR Jorge O. Elorza has vetoed the rezoning that would authorize the Hope Point Tower. / COURTESY THE FANE ORGANIZATION

Mayor Elorza vetoes Hope Point Tower rezoning

PROVIDENCE – Mayor Jorge O. Elorza vetoed a zoning change on Friday that would have allowed a New York developer to construct the city’s...
ISO NEW ENGLAND expects the New England grid to have enough resources to handle energy and fuel demands in the coming winter. / COURTESY ISO NEW ENGLAND

ISO New England expects to have adequate energy and fuel resources...

PROVIDENCE – ISO New England, operator of the New England electricity grid, said Wednesday that it expects to have enough resources to meet consumer...
A FUTURE VISION: The proposed Fane Organization’s Hope Point Tower has the potential to inject new life into the I-195 Redevelopment District and subsequently the rest of that part of downtown Providence. 
 / COURTESY THE FANE ORGANIZATION

For future’s sake, City Council must approve Hope Point Tower

Nearly a month ago, more than four out of five respondents to a PBN.com poll said that the Fane Organization’s Hope Point Tower should...
A WORK IN PROGRESS: ­Competing agencies and their often at-odds agendas continue to make development in Providence less robust than it might be. 
 / PBN FILE PHOTO/
PAMELA BHATIA

PBN on WJAR-TV, Oct. 29, 2018

Despite some permitting improvements, developers often “going nowhere fast” in ProvidenceEvery week, PBN Editor Mark S. Murphy appears on WJAR-TV NBC 10’s Coffee Break to...

Living restrictions for sex offenders getting pushback

The release of a high-profile, convicted sex offender and his subsequent move from Massachusetts to Rhode ­Island has created a storm in a Providence...
A WORK IN PROGRESS: ­Competing agencies and their often at-odds agendas continue to make development in Providence less robust than it might be. 
 / PBN FILE PHOTO/
PAMELA BHATIA

State, local regulations still hampering development in R.I.

The opening of a March 2015 PBN story, titled “Why is it so hard to build in Providence?” sounds eerily familiar to those reading...
The aerial view of the proposed Fane Organization's Hope Point Tower./COURTESY THE FANE ORGANIZATION.

Should the Hope Point Tower be built?

The Fane Organization appeared before Providence City Council to present a new version of its proposed $300 million residential skyscraper, Hope Point Tower. The...
THE CONVERSION of a former mill in Pawtucket into loft apartments is a $39 million project of Urban Smart Growth. / COURTESY URBAN SMART GROWTH

Partial floor collapse at Hope Artiste Village residential project injures three

PAWTUCKET – A partial floor collapse at a mill being converted to loft apartments left three construction workers injured on Monday, one critically.The employees...
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