Monday, October 3, 2022

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RECRUITING KEY: CEO Rick Norberg, left, speaks with Teddy Kennedy, service desk apprentice, at Vertikal 6 in Warwick. Norberg said the company’s full-time apprenticeships have become the key to recruiting and developing employees.
 / PBN PHOTO/MICHAEL SALERNO

Tech companies turn to apprenticeships to solve worker shortage in tight...

Rhode Island has been projected to add nearly 2,300 jobs in technology-related occupations during the decade from 2016 to 2026, mostly in the computer...
CAITLIN GRIFFIN, a previous participant in the Westerly Education Center's Bank Teller and Customer Service Training program, displays her certificate. Throughout October, the WEC is hosting two-hour informational sessions regarding the next iteration of the nine-week program. / COURTESY WESTERLY EDUCATION CENTER

Westerly Education Center promotes free bank teller and customer service training...

WESTERLY - A series of information sessions outlining the Westerly Education Center's Bank Teller and Customer Service Training job skills program for sales, customer...

R.I. receives $3.9M for job training program for Rhode Islanders in...

PROVIDENCE – Rhode Island has received $3.9 million in federal funds to support job training for Rhode Islanders in addiction recovery, Gov. Gina M....
WILLIAM F. GALVIN, secretary of the commonwealth, has urged the federal government to appeal the Fifth Circuit U.S. Court of Appeals recent ruling against the so-called "fiduciary rule" created by the U.S. Department of Labor. / COURTESY MASSACHUSETTS SECRETARY OF THE COMMONWEALTH

Galvin slams court’s decision on fiduciary rule

PROVIDENCE – William F. Galvin, secretary of the commonwealth, last week slammed a court decision to strike down the so-called “fiduciary rule” and urged...
BEST INTEREST: From left, Merrill Lynch Wealth Management officials Diane Fiore, senior client associate; Brendan McCarthy, senior vice president, wealth management; and Edythe M. DeMarco, managing director of wealth management, meet at their Providence office. DeMarco says her firm acts in the best interest of clients and is in favor of the fiduciary rule that would require the same. / PBN FILE PHOTO/­RUPERT WHITELEY

Wealth managers divided on delay of fiduciary rule implementation

The decision to once again delay full implementation of the so-called fiduciary rule comes with a sigh of relief to some financial planners not...
BEGINNING IN JANUARY, students enrolled in any undergraduate major at Salve Regina University will be able to pair their studies with an interdisciplinary, 15-credit cyber resiliency concentration. / COURTESY SALVE REGINA UNIVERSITY

Salve Regina to offer interdisciplinary cyber resiliency concentration

NEWPORT – Beginning in January, Salve Regina students enrolled in any undergraduate major can now pair their studies with an interdisciplinary, 15-credit cyber resiliency...
CONSUMER-PRICE INDEX rose 1.9 percent year over year. / BLOOMBERG FILE PHOTO/VICTOR J. BLUE

U.S. inflation picks up, ending five-month streak of misses

NEW YORK - Inflation may finally be getting back on track to reach the Federal Reserve’s goal, as the United States cost of living...
THE U.S. DEPARTMENT of Labor has awarded over $2 million in pre-apprenticeship grants to two Providence metropolitan area nonprofits.

DoL grants $2M in pre-apprentice grants to Providence Metro nonprofits

PROVIDENCE -  The U.S Department of Labor awarded over $2 million in pre-apprenticeship grants to two Providence metro area pre-apprenticeship programs. Nationwide, the Department...
THE TRUMP ADMINISTRATION is moving to further delay part of an Obama-era fiduciary rule. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Trump administration seeks further delay in labor fiduciary rule

NEW YORK - The Trump administration is moving to further delay part of an Obama-era rule to require brokers who offer retirement advice to...
MASSACHUSETTS SECRETARY OF THE COMMONWEALTH William F. Galvin, a strong proponent of the U.S. Department of Labor’s fiduciary rule, which is designed to reduce conflicts of interest for brokers offering retirement service, says he is dismayed by U.S. Securities and Exchange Commissioner Michael Piwowar’s comments last week denouncing the new rule. /COURTESY MASSACHUSETTS SECRETARY OF STATE'S OFFICE

Galvin warns against Piwowar’s disapproval of DOL fiduciary rule

BOSTON – Secretary of the Commonwealth William F. Galvin is pushing back on remarks made by a U.S. Securities and Exchange commissioner. Galvin, a strong...
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