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RHODE ISLAND was named an “Innovation Leader” in the Consumer Technology Association’s 2017 Innovation Scorecard.

Rhode Island named ‘Innovation Leader’ in annual Innovation Scorecard

PROVIDENCE – Rhode Island was named an “Innovation Leader” in the Consumer Technology Association’s 2017 Innovation Scorecard. The annual scorecard rates the states on innovation-friendly...
THE U.S. auto industry was blindsided last month by just how fast sedans have fallen out of favor with Americans now embracing roomier sport utility vehicles. / COURTESY BLOOMBERG NEWS

U.S. car demand collapse jeopardizes Trump’s auto factory push

Ford Fusion: down 37 percent. Chevrolet Malibu: down 36 percent. Toyota Prius: down 29 percent. As those grim numbers suggest, the U.S. auto industry was...
Jack Cacchiotti

Five Questions With: Jack Cacchiotti

Jack Cacchiotti is partner at Restivo Monacelli LLP, a Providence-based tax, accounting and business advisory. The firm recently announced it has expanded its footprint...
Rhode Island Infrastructure Bank

RIIB saves municipal borrowers $5.9M

PROVIDENCE – The Rhode Island Infrastructure Bank estimates it has recently saved municipal borrowers $5.9 million by refinancing outstanding debt. The quasi-public financing group says...
Centreville Bank

Centreville Bank adds Greene, Gago

WEST WARWICK – Centreville Bank has added two new members to its staff, including a senior communications manager and a vice president of residential...
LOCAL 1 percent meal and beverage tax collections grew 1.8 percent year over year in January, and 1.6 percent when comparing the first seven months of the fiscal year with the prior fiscal period, the R.I. Department of Revenue said.

Local 1% meal, beverage tax collections climb in Jan., fiscal YTD

PROVIDENCE – Local 1 percent meal and beverage tax collections grew 1.8 percent year over year in January, and 1.6 percent when comparing the...
R.I. Commerce Corp. pay $50,000 to settle allegations it defrauded investors

Federal judge approves 38 Studios settlement

PROVIDENCE – A federal judge on Monday ordered R.I. Commerce Corp. to pay $50,000 to settle allegations it defrauded investors to fund the now-defunct...
GASOLINE PRICES in Rhode Island jumped 2 cents higher than last week, AAA Northeast said. / BLOOMBERG FILE PHOTO/DANIEL ACKER

Gas prices climb in Rhode Island, Massachusetts

PROVIDENCE – Gasoline prices rose 2 cents in Rhode Island and Massachusetts from last week, AAA Northeast said Monday. “These higher prices are in line...
HOWARD MERTEN has been elected as Partridge Snow & Hahn LLP’s new managing partner.

Merten elected managing partner at Partridge Snow & Hahn

PROVIDENCE – Commercial litigation lawyer Howard Merten has been elected as Partridge Snow & Hahn LLP’s new managing partner, the firm said Monday. Merten replaces...

Drug middlemen have slim profit margins — Just ask them

  NEW YORK - Companies of all kinds try to present their financial results in the best light possible to attract investors. One segment of the...

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