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Monday, January 18, 2021

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  Government
  
  Cross-border differences in sales-tax policy create headaches
  
  January 15, 2021 6:03 am
  
  The rise of interstate e-commerce is magnifying long-standing differences in sales-tax laws among various states, forcing retailers with far-flung customers to adhere to 50...
  
  Lists
  
  List: Newport Restaurants
  
  January 15, 2021 12:08 am
  
  CLOSER LOOK: Re-ranked by number of reviews: 1. The Mooring | No. of reviews: 1,756 2. The Red Parrot Restaurant | No. of reviews: 969 3. 22 Bowen’s...
  
  Lists
  
  List: Providence Restaurants
  
  January 15, 2021 12:02 am
  
  CLOSER LOOK: Re-ranked by number of reviews: 1. Hemenway’s Seafood Grill & Oyster Bar | No. of reviews: 740 2. Gracie’s | No. of reviews: 661 3. Massimo...
  
  Coronavirus
  
  Pandemic, progressives, new House leadership could put twist on...
  
  January 8, 2021 4:00 am
  
  The 2021 legislative session is shaping up to be another severe departure from the norm, with a temporary change of venue for both chambers,...
  
  Coronavirus
  
  Banks on higher alert for credit weakness
  
  January 8, 2021 3:51 am
  
  In his 50 years as a customer of The Washington Trust Co., John Bellone has never deferred a loan payment. Not through the 2008...
  
  Entrepreneurship
  
  Everybody’s Business: Finding value in shared connections
  
  January 8, 2021 3:20 am
  
  (Editor’s note: This is the fifth installment in a monthly series speaking with minority business owners and leaders. Each will be asked their views...
  
  Coronavirus
  
  Seize the moment
  
  January 8, 2021 3:10 am
  
  Ross Gittell | Bryant University president More than 4,000 institutions of higher education in the United States serve approximately 20 million students and this year...
  
  Editorial and Op-Ed
  
  Block Island tourism surprises
  
  January 8, 2021 2:38 am
  
  Amid the widespread economic carnage wrought by the pandemic in 2020, somehow tiny Block Island and its tourist-dependent businesses emerged to fight another day. “No...
News
Health Care
- Coronavirus
  
  25% of vaccine doses have been received by Rhode...
  
  January 18, 2021 8:18 pm
  
  PROVIDENCE – Rhode Islanders who are anxiously awaiting vaccination against the COVID-19 virus will now have a better idea of who has been getting...
  
  Health Services
  
  Report: Average nurse salary in R.I. 43.8% higher than...
  
  January 18, 2021 3:11 pm
  
  PROVIDENCE – The average wage of a nurse in Rhode Island was 43.8% higher than the average salary of all occupations in the state,...
  
  Health Services
  
  CNE expands women’s health, addiction and weight loss treatment...
  
  January 17, 2021 10:45 pm
  
  SOUTH KINGSTOWN – Care New England Health System is expanding its South County presence by offering more services, including behavioral and women’s health care...
  
  Health Services
  
  Five Questions With: Mark Cooper
  
  January 17, 2021 10:30 pm
  
  In September, Mark Cooper was named vice president of Medicare-Medicaid Product at Neighborhood Health Plan of Rhode Island after working for nearly 20 years...
  
  Health Services
  
  Lifespan’s third urgent care center opens in Providence
  
  January 17, 2021 10:20 pm
  
  PROVIDENCE – Lifespan Corp.’s newest urgent care center is now open in the city. The facility, located in the former Benny’s store at 66...
Education
- Coronavirus
  
  URI’s annual Food System Summit to focus on COVID-19...
  
  January 18, 2021 11:17 am
  
  SOUTH KINGSTOWN – University of Rhode Island’s fifth annual Rhode Island Food System Summit will focus on the impact of COVID-19 pandemic on food...
  
  Education
  
  RIC $76K-per-week consultant contract terminated
  
  January 14, 2021 10:53 am
  
  PROVIDENCE – The state has terminated a $76,000-per-week contract granted to a consulting firm that was providing financial analysis and recommendations to Rhode Island...
  
  Education
  
  Fuller named UMass Dartmouth’s interim chancellor
  
  January 12, 2021 2:25 pm
  
  DARTMOUTH – Mark Fuller, currently the University of Massachusetts Amherst’s vice chancellor for advancement and former dean of the university’s Isenberg School of Management,...
  
  Coronavirus
  
  Rhode Island School of Design cancels 2021 in-person commencement;...
  
  January 11, 2021 3:58 pm
  
  PROVIDENCE – The Rhode Island School of Design announced Monday that it is canceling its in-person commencement for the Class of 2021 and will...
  
  Education
  
  Consultant hired for RIC review at the rate of...
  
  January 11, 2021 12:30 pm
  
  PROVIDENCE – The state has hired Alvarez & Marsal Public Sector Services LLC to provide analysis and recommendations related to programmatic, operational and financial improvements...
Real Estate
- Health Services
  
  Lifespan’s third urgent care center opens in Providence
  
  January 17, 2021 10:20 pm
  
  PROVIDENCE – Lifespan Corp.’s newest urgent care center is now open in the city. The facility, located in the former Benny’s store at 66...
  
  Real Estate
  
  Median price of single-family home in R.I. rises to...
  
  January 15, 2021 10:55 am
  
  PROVIDENCE – The median price of a single family home in Rhode Island in 2020 was $319,900, a rise of 12.3% year over year,...
  
  Real Estate
  
  Brown Medicine expands into Class A space in Smithfield
  
  January 15, 2021 6:28 am
  
  SMITHFIELD – Brown Medicine, a nonprofit primary care and subspecialty medical group practice, will expand this spring into a newly renovated facility in the...
  
  Real Estate
  
  South Kingstown colonial sells for $1.1M
  
  January 15, 2021 6:28 am
  
  SOUTH KINGSTOWN – A historical home on 4.7 acres has sold for $1.1 million, according to Residential Properties Ltd., which represented both buyers and...
  
  Real Estate
  
  Five Questions With: Jennifer Hawkins
  
  January 13, 2021 10:30 pm
  
  Jennifer Hawkins, the executive director of ONE Neighborhood Builders, a community-development organization in Providence, spoke to Providence Business News recently about the Central Providence...
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Home Tags Washington Trust Bancorp Inc.

Caution in PPP loan spending bolsters Washington Trust Q3 deposits

Financial Services October 23, 2020 12:44 am

WESTERLY – The Washington Trust Co. continues to see deposits increase, in part due to federal forgivable payroll loans that some recipients still haven’t...

Washington Trust reports $18M Q3 profit

Financial Services October 19, 2020 4:01 pm

WESTERLY – Washington Trust Bancorp Inc. reported an $18.3 million profit for the third quarter, propelled by new records within mortgage banking activity, the...

Strong housing market bolsters Washington Trust earnings

Financial Services July 24, 2020 12:28 am

WESTERLY – The world might still be turned upside down by COVID-19, but you wouldn’t know it looking at Washington Trust Bancorp Inc.’s latest...

Washington Trust Bancorp posts $21M quarterly profit

Economic Activity July 20, 2020 7:28 pm

WESTERLY – Washington Trust Bancorp. Inc, the parent company for Westerly-based The Washington Trust Co., saw second-quarter earnings increase 21% year over year, including...

THE WASHINGTON TRUST CO. posted an $11.9 million profit in the first quarter of 2020, a 32% decline from one year prior. / PBN FILE PHOTO/SCOTT KINGSLEY

Washington Trust posts $11.9M Q1 profit, 32% drop from last year

Financial Services April 27, 2020 10:39 am

WESTERLY – Washington Trust Bancorp. Inc., the parent company for Westerly-based The Washington Trust Co., saw a 32% drop in profit compared to the...

Washington Trust announces stock buyback program

Financial Services December 9, 2019 10:00 pm

WESTERLY – Washington Trust Bancorp Inc. is seeking to repurchase up to 850,000 shares, or 5%, of the company’s outstanding common stock over the...

Balancing demand for touch and tech

Financial Services June 22, 2018 6:01 am

With an evolving mixture of millennials and older customers, local banks and credit unions increasingly face a dilemma when it comes to rapidly evolving...

EDWARD O. Handy III is the chairman and CEO of Westerly-based Washington Trust Bancorp Inc., the second largest Rhode Island-based bank. / PBN FILE PHOTO/MICHAEL SALERNO

Washington Trust reports $16M Q1 profit

Economy April 20, 2018 4:07 pm

WESTERLY – Washington Trust Bancorp Inc. on Friday reported record-breaking quarterly profit, which grew 37.6 percent to $16.2 million, or 93 cents per diluted...

DRAMATIC CHANGE: Johnson & Wales CEO John J. Bowen says the most dramatic change in his 44 years at JWU is its ability to graduate students with a manageable debt, growing its discount rate for first-time, full-time students from 20.7 percent in 2003-2004 to 54 percent today. / PBN PHOTO/RUPERT WHITELEY

Retiring CEO John Bowen has helped JWU expand and prosper. What...

Cover Story March 30, 2018 6:30 am

For 44 years, John J. Bowen has been a fixture in the Johnson & Wales University community. In January, the chancellor, president and CEO...

Washington Trust provides $19M for East Providence apartments

Financial Services March 27, 2018 4:00 am

EAST PROVIDNECE – The Washington Trust Co. recently provided $19.6 million in financing for a 134-unit apartment complex in East Providence. The deal was made...

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Latest News

Five Questions With: Andy Posner

January 18, 2021 10:30 pm

BankNewport, R.I. Food Bank launch new fundraiser with $50K donation

January 18, 2021 10:20 pm

Providence completes bond refunding with $2M savings

January 18, 2021 10:10 pm

Mechanics Cooperative Bank donates $12K to 3 charities

January 18, 2021 10:00 pm

THREE QUARTERS of Rhode Islanders who have received the vaccine against COVID-19 are under age 60. / COURTESY R.I. DEPARTMENT OF HEALTH

25% of vaccine doses have been received by Rhode Islanders 60...

January 18, 2021 8:18 pm

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Lifespan’s third urgent care center opens in Providence

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