Providence Business News
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Providence Business News provides local business news for Rhode Island and Southeastern Massachusetts. Our mission is to be the trusted business news and information source for the Rhode Island and Southeastern MA business community providing timely, insightful, in-depth and breaking news coverage that advances individual and company growth and success in local, state and global markets.
Providence Business News
6h ago
NORTH KINGSTOWN – A nurse has been charged with sexually assaulting a patient at Bayview Rehabilitation at Scalabrini, Attorney General Peter F. Neronha’s office announced Friday. Scott Leski, 54 of Richmond, was charged July 26 in Washington Superior Court with one count of first-degree sexual assault, one count of second-degree sexual assault and two counts ..read more
Providence Business News
6h ago
MIDDLETOWN – Kirby Perkins Construction is set to lay off dozens of employees in September. The company is planning to lay off about 58 employees on Sept. 6, according to a Worker Adjustment and Retraining Notification filed with the R.I. Department of Labor and Training July 8. The federal notification law requires companies to alert ..read more
Providence Business News
8h ago
BOSTON (AP) – Steward Health Care announced Friday that is it closing two hospitals in Massachusetts because it received no qualified bids for the facilities after declaring bankruptcy earlier this year. Steward’s bankruptcy is being investigated by the U.S. Senate, with Democrats accusing the Dallas-based company of allowing private equity executives to strip the firm ..read more
Providence Business News
8h ago
NEWPORT – The Ocean State’s coastal resiliency is set to receive nearly $2 million in support from the National Oceanic and Atmospheric Administration. The grant, announced Friday morning as a recommendation by U.S. Secretary of Commerce Gina M. Raimondo, will support the Growing Regional Resilience Coordination on Aquidneck Island initiative, a developing series of nature-based ..read more
Providence Business News
12h ago
PROVIDENCE – Friartown has become quite financially beneficial to the Ocean State on an annual basis, and a new report showcases just how much of a monetary impact Providence College athletics has had on the state. The Dominican Friars college on Thursday released results of its first economic impact study, showing that PC’s athletic programs ..read more
Providence Business News
12h ago
WASHINGTON (AP) – The Federal Reserve’s favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the stage for the Fed to begin cutting interest rates this fall. Prices rose just 0.1% from May to June, the Commerce Department said Friday, up from the previous month’s unchanged reading ..read more
Providence Business News
16h ago
The partial closure of the Washington Bridge and the need to rebuild it may be causing headaches for commuters and nearby businesses, but the fiasco has become a growing source of misery for Gov. Daniel J. McKee’s administration as it looks ahead to a potential reelection campaign in 2026, according to political observers. The latest ..read more
Providence Business News
17h ago
Voters in November will get to decide whether the state should hold its first constitutional convention since 1986. Rhode Island is one of five states where voters are asked every 10 years whether to have a constitutional convention. The question has been rejected the last three times it has appeared on the state ballot. Supporters ..read more
Providence Business News
17h ago
Total full-time employees: 276 SUBSCRIBERS: Click here to view the complete list. For information about participating in PBN’s Top Lists, or to make additions or corrections, call (401) 680-4838 or write to Research@PBN.com ..read more
Providence Business News
17h ago
PROVIDENCE – Confirmed cases of COVID-19 in Rhode Island increased by 477, with no deaths, from July 14-20 the R.I. Department of Health said Thursday. Typically, the state reports COVID-19 statistics collected from Sunday through Saturday of the previous week. New hospital admissions of COVID-19 patients totaled 38 up from the 24 reported on July 7-13. By ..read more