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U.S. supply chain under threat as unions, railroads clash 

OMAHA, Neb. (AP) – Railroad engineers accepted their deal with the railroads that will deliver 24% raises but conductors rejected theirs, threatening the health...

Polaris MEP nets $6M grant, renews federal partnership

PROVIDENCE – Polaris MEP has secured a $6 million grant from the U.S. Department of Commerce's National Institute of Standards and Technology, renewing its...
BUSINESS ­TRIALS: Cumberland-based Neurotech Pharmaceuticals Inc. has been among the companies dealing with supply chain and hiring challenges. Pictured above are CEO Richard Small and process development engineer Lovisa Selander. 
PBN FILE PHOTO/­RUPERT WHITELEY

PBN survey: Businesses beat down but still fighting

The worst of the health-related ravages of the pandemic may be over nationally if you believe President Joe Biden. But the economic consequences continue...

Businesses addressing future risks based on pandemic experience

Small-business owners in Rhode Island and across the country are reporting inflation and supply chain disruptions are impacting their businesses in big ways, according...

U.S. added 428,000 jobs in April despite surging inflation 

WASHINGTON (AP) – America's employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages,...
GROWTH FACTOR: Jack Falvey, chief operating officer at Falvey Insurance Group in North Kingstown, has been involved in and responsible for growing the company’s portfolio by 158% over the past five years. / PBN PHOTO/TRACY JENKINS

Falvey leads insurer group to the next level

2022 C-Suite Awards: Rising Star | Jack Falvey,Falvey Insurance Group chief operating officer The global shifts created by the COVID-19 pandemic brought a new, unfamiliar...
CME CORP., formerly known as Claflin Medical Equipment, signed a five-year $49.5M contract with the U.S. Department of Defense./ COURTESY CME CORP.

Medical industry suppliers warn of ‘med-inflation’

PROVIDENCE – Supply chain woes have hit consumers and businesses, now it’s about to provide some discomfort in the medical industry. “Med-inflation” is currently on...
THE FORECASTERS: Panelists participating in PBN’s Economic Trends Summit on Feb. 10 discuss what the future holds for Rhode Island’s economy. Clockwise from top left are PBN Editor Michael Mello, who served as moderator; Thomas Sweeney, owner of Sweeney Real Estate and Appraisal; Jeffrey Diehl, CEO and executive director for the Rhode Island Infrastructure Bank; Thomas Tzitzouris, head of fixed income research for Strategas Research Partners; Elizabeth “Betty” Robson, CEO of J.F. Moran Co.; and Craig Pickell, chairman and CEO of Bullard Abrasives Inc.

Plenty of challenges ahead, but which to solve first?

Inflation. Supply chain bottlenecks. Worker shortages. The pandemic-induced fires are spreading fast, and companies are struggling to figure out which ones to put out first. Local...

PBN Economic Trends Summit to be held Feb. 10

PROVIDENCE – The PBN Economic Trends Summit will be held on Feb. 10 from 9 a.m. to 11 a.m. The virtual summit will discuss the...
A SHOPPER EYES the merchandise at a retail store in Glenview, Ill. earlier this month. Holiday sales rose at the fastest pace in 17 years, even as shoppers grappled with higher prices, product shortages and a raging new COVID-19 variant in the last few weeks of the season, according to one spending measure. / AP PHOTO/NAM Y. HUH

Despite supply issues and omicron, holiday sales rise 8.5%

Holiday sales rose at the fastest pace in 17 years, even as shoppers grappled with higher prices, product shortages and a raging new COVID-19...
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