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TALKING IT OUT: R.I. Commerce Secretary Elizabeth M. Tanner, second from left, discusses the state’s economic picture at Providence Business News’ Economic Trends Summit on Jan. 24 at the Providence Marriott. Also participating in the panel discussion is, from left, William C. Tsonos, Bank Rhode Island CEO and president; Thomas Sweeney, owner and principal of Sweeney Real Estate & Appraisal; Marianne Raimondo, dean of the Rhode Island College School of Business; and Kristen Adamo, president of the Providence Warwick Convention & Visitors Bureau. The discussion was moderated by PBN Editor Michael Mello, far right. 
PBN PHOTO/MIKE SKORSKI

Panel: ‘The hard part is figuring out what’s next’

A benefit of living in a state with the population of a large American city is its accessibility. What in New York or Los...
R.I. COMMERCE SECRETARY Elizabeth M. Tanner, second from left, discusses the state's economic picture at Providence Business News' Economic Trends Summit on Wednesday morning at the Providence Marriott. Also participating in the panel discussion is, from left, William C. Tsonos, Bank Rhode Island CEO and president; Thomas Sweeney, owner and principal of Sweeney Real Estate & Appraisal; Marianne Raimondo, dean of the Rhode Island College School of Business; and Kristen Adamo, president of the Providence Warwick Convention & Visitors Bureau. The discussion was moderated by PBN Editor Michael Mello, far right. / PBN PHOTO/MIKE SKORSKI

PBN summit: A soft landing for economy that’s still ‘fragile underneath’

PROVIDENCE – The likelihood of a recession, once thought inevitable, will be forestalled or fail to materialize, at least within the next 12 to...

PBN’s 2024 Economic Trends Summit slated for Jan. 24

PROVIDENCE – A host of issues affecting Rhode Island’s economy and industry-specific insights, as well as forecasts for the coming year will be discussed...

Mentor Rhode Island buys Warwick office condo for $250K to serve...

WARWICK – A 2,019-square-foot commercial condominium was sold recently for $250,000 to a nonprofit providing mentorship services to youths throughout Rhode Island, according to...
STILL STANDING: 
There is vacant office space in downtown Providence, but people in the local commercial real estate sector say landlords and banks haven’t reached a crisis level as others have nationwide. 
PBN PHOTO/­MICHAEL SALERNO

SHAKY GROUND: Distressed office real estate could undermine banks, wider economy

The former mayor of Providence is distressed. When Joseph R. Paolino Jr. walks through the city’s financial district, he’s anxious about what he sees. He...

Da Cruz elected president of R.I. Association of Realtors

WARWICK – The Rhode Island Association of Realtors announced that South Kingstown-based Realtor Bryant C. Da Cruz was recently elected president of the 6,500-member,...

Cumberland office building, occupied by CVS, sells for $2.9M

CUMBERLAND – A 30,000-square-foot office building, with CVS Health Corp. as its sole tenant, was recently sold for $2.9 million, according to Sweeney Real...

Resmini law firm buys its Providence office condo

PROVIDENCE – After relocating to its present location in the summer of 2021 and leasing the space, The Law Office of Ronald J. Resmini...
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 Summit: Inflation, labor woes will endure

PROVIDENCE – Like any good business owner, Craig Pickell documents every cost increase incurred by his Lincoln manufacturing company, Bullard Abrasives Inc. But the year-end...
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