North Smithfield equine residential estate sold for town-record $2.8M
Providence Business News
by James Bessette
2h ago
NORTH SMITHFIELD – An 85-plus-acre equine estate that borders the Woonsocket Reservoir has recently become the highest home sale in the town’s history. Residential Properties Ltd., which represented the seller, announced Tuesday that the property at 61 Reservoir Road, which includes a four-bedroom contemporary colonial home and a 24-stall horse barn, was sold for $2.8 ..read more
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Durand appointed interim RIPTA CEO
Providence Business News
by Christopher Allen
2h ago
PROVIDENCE – The R.I. Public Transit Authority board of directors on Tuesday unanimously accepted the resignation of CEO Scott Avedisian. Avedisian submitted his resignation letter on April 11 to Gov. Daniel J. McKee after being charged with leaving the scene of a Warwick accident. In a second vote, RIPTA board Chairperson and R.I. Department of ..read more
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New massive Rhode Island T.F. Green signs installed along I-95
Providence Business News
by PBN Staff
3h ago
WARWICK – Two large Rhode Island T.F. Green International Airport signs have been installed along Interstate 95 as part of a $12.9 million project to improve the appearance of the airport connector, a main roadway to and from the terminal. The R.I. Department of Transportation has been installing signs – which include large blue letters ..read more
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HealthSourceRI open enrollment closes with record 34,456 customers
Providence Business News
by Katie Castellani
3h ago
PROVIDENCE – HealthSource RI, the state’s health insurance market place, announced Tuesday that it closed out its open enrollment period with a record 34,456 customers signing up for health care. This marks an improvement from last year when HealthSource saw an “unexpected decrease” in enrollment with 28,661 customers. Of those enrolled during the most recent ..read more
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4 men charged with stealing $230K in multistate scheme
Providence Business News
by PBN Staff
4h ago
PROVIDENCE – Four Guatemalan nationals face federal charges in a retail theft scheme that defrauded stores in Rhode Island, Connecticut Massachusetts and Pennsylvania of more than $230,000, U.S. Attorney for Rhode Island Zachary A. Cunha announced on Tuesday. Marvin Estuardo Morales De Paz, 33, Abraham Dayger-Enrique, 24, Sebastian Lajuj-Soloman, 30, and Jonathan Josue Amperez-Perez, 31 ..read more
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Aaron Simmons Joins Napatree Capital
Providence Business News
by PBN Connect
7h ago
Napatree Capital Welcomes Aaron Simmons as a Principal and Senior Wealth Advisor Westerly, RI – April 15, 2024 – Napatree Capital is pleased to announce the addition of Aaron Simmons as a principal and Senior Wealth Advisor. Aaron brings to the firm more than 25 years of experience as an investment advisor. Prior to joining ..read more
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Bank of America’s Q1 profits fall 18% on higher expenses, charge-offs 
Providence Business News
by Associated Press
8h ago
NEW YORK (AP) – Bank of America Corp. said on Tuesday its first-quarter profits fell 18%, as the bank dealt with rising expenses due to the impact of higher interest rates. But the results beat analysts’ estimates.  The Charlotte, North Carolina-based bank posted a profit of $6.67 billion, or 76 cents per share, compared with ..read more
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CVS pharmacists at 2 R.I. locations seek to unionize
Providence Business News
by Katie Castellani
9h ago
WOONSOCKET – Pharmacists at two CVS locations in the southern part of the state announced Tuesday that they have filed to unionize with The Pharmacy Guild. After announcing plans to file a petition on April 12, workers at two CVS locations in Rhode Island confirmed the petitions have been submitted to the National Labor Relations ..read more
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Casey chosen to lead Citizens Financial Group’s wealth business
Providence Business News
by PBN Staff
18h ago
PROVIDENCE – Paul Casey will join Citizens Financial Group Inc. as its new head of wealth management, effective July 9, the company announced. In this role, Casey will focus on accelerating the bank’s “strong and growing momentum in wealth, an increasingly critical component of the bank’s strategy following the launch of Citizens Private Bank in ..read more
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Five Questions With: James Low Jr.
Providence Business News
by PBN Staff
18h ago
James Low Jr. is a partner at Marcum LLP’s Providence office and is in charge of the accounting firm’s New England internal audit services. Low has been with Marcum for a year, and he says companies – and government and not-for-profit entities, for that matter – often overlook the value of internal controls and audits ..read more
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