Providence Business News

Providence Business News The trusted news and information source for the Rhode Island and Southeastern Massachusetts business community.
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What do you think? -
05/31/2024

What do you think? -

R.I. Education Commissioner Angélica Infante-Green recently announced that Massachusetts-based SchoolWorks LLC will review the progress of Providence’s public schools since the state took on oversight in 2019. SchoolWorks will also assess whether the city is ready to resume oversight of the publi...

Lifespan, Brown reach affiliation agreement -
05/31/2024

Lifespan, Brown reach affiliation agreement -

PROVIDENCE – Months after announcing they were strengthening ties, Lifespan Corp. and Brown University have reached a definitive agreement. The definitive agreement is currently in “final review stages” with the R.I. Attorney General Peter F. Neronha’s office and the R.I. Department of Healt...

Report: Pharmacy staff at 2 R.I. CVS locations vote to unionize -
05/29/2024

Report: Pharmacy staff at 2 R.I. CVS locations vote to unionize -

WOONSOCKET – Pharmacy staff at two CVS Health Corp. locations in the southern part of the state voted to unionize with The Pharmacy Guild, according to a CNBC report Friday. Workers at the 24-hour CVS Pharmacies in in the Wakefield section of South Kingstown and Westerly were the company’s first...

It’s sailing season in the City by the Sea -
05/29/2024

It’s sailing season in the City by the Sea -

NEWPORT – Professional sailing is back in the world’s colloquially known “sailing capital,” named for much more being the location of the National Sailing Hall of Fame. And it’s big business, as usual. According to the Newport Sailor Network, there are more than two dozen professional and ...

We had a great day celebrating these amazing women! Thank you to presenting sponsor Navigant Credit Union and partner sp...
05/24/2024

We had a great day celebrating these amazing women! Thank you to presenting sponsor Navigant Credit Union and partner sponsors Amgen and CODAC Behavioral Healthcare and gift sponsors Massage Envy and The Savory Grape.

Share your opinion with us -
05/24/2024

Share your opinion with us -

State lawmakers are considering an 11th-hour budget proposal from Gov. Daniel J. McKee to overhaul the way banks are taxed. The proposal was made at the request of the parent of Providence-based Citizens Bank, which employs more than 4,300 in Rhode Island. Citizens wants the formula used to tax bank...

PBN recognizes top Business Women of 2024 -
05/24/2024

PBN recognizes top Business Women of 2024 -

PROVIDENCE – Maria Gemma-Corcelli believes that everyone put on this earth has a purpose and sometimes, she said, you have to find that purpose. Gemma-Corcelli, executive director of The Gloria Gemma Breast Cancer Resource Foundation who was named by Providence Business News as the 2024 Career Ach...

Breeze Airways eyes expansion at T.F. Green after reaching benchmarks ahead of schedule -
05/22/2024

Breeze Airways eyes expansion at T.F. Green after reaching benchmarks ahead of schedule -

WARWICK – Rhode Island aviation officials on Wednesday celebrated the progress made by Breeze Airways at Rhode Island T.F. Green International Airport, which has met several previously set benchmarks included in its 10-year Memorandum of Understanding with the state in 2023. And now, the company w...

East Providence settles with former city manager for $750K -
05/22/2024

East Providence settles with former city manager for $750K -

EAST PROVIDENCE – The city says it has settled with former City Manager Richard Kirby for $750,000 over his firing in 2016. The City Council terminated Kirby in a 3-2 vote shortly after the former city manager accused the then-councilman Thomas Rose, who held the ceremonial role of mayor, of using...

Public golf course set to open on former Metacomet Golf Club property in June -
05/20/2024

Public golf course set to open on former Metacomet Golf Club property in June -

EAST PROVIDENCE – A 9-hole public golf course known as MetLinks is expected to open in June on the property of the former Metacomet Golf Club after earning approval from the East Providence Waterfront Commission Thursday. The proposal from Metacomet Property LLC, an affiliate of Marshall Developme...

R.I. Life Science Hub to host inaugural summit Tuesday -
05/20/2024

R.I. Life Science Hub to host inaugural summit Tuesday -

PROVIDENCE – While the search for a leader continues, the R.I. Life Science Hub is getting ready to host its inaugural summit Tuesday. Neil Steinberg, board chairman of the quasi-public agency, noted the hub is still in its early stages but the event is a way to gather members of the life science ...

Share your opinion with us -
05/17/2024

Share your opinion with us -

The U.S. Justice Department on May 16 moved to reclassify ma*****na as a less dangerous drug, which would mark a significant shift in federal drug policy. The Associated Press reported a proposed rule sent to the federal register recognizes the medical uses of cannabis and says it has less potential...

Monopoly: Newport Edition unveiled -
05/16/2024

Monopoly: Newport Edition unveiled -

PROVIDENCE – Want to own a Newport mansion? Well, first you need to pass Go and collect $200. Monopoly unveiled a Newport Edition of the iconic board game Wednesday at the Audrain Auto Museum alongside Milburn Pennybags, Mr. Monopoly himself, and state and local officials. The game features the ci...

7 charged in mail theft ring at Providence facility -
05/16/2024

7 charged in mail theft ring at Providence facility -

PROVIDENCE – Seven former postal service employees face federal charges for their roles in a mail theft ring at the U.S. Postal Service Processing and Distribution Center here, U.S. Attorney for Rhode Island Zachary A. Cunha announced Wednesday. Darren Camacho, 30, of Providence; Fernando Camacho,...

I-195 Commission to consider updated plans for parcels 14, 15 -
05/15/2024

I-195 Commission to consider updated plans for parcels 14, 15 -

PROVIDENCE – A year after being selected as the developer for Parcels 14 and 15 in the I-195 District, CV Properties’ vision for the property has shifted. In May 2023 CV Properties, a commercial real estate development and investment company, unveiled its proposal to anchor the parcels on Dyer S...

R.I. Commerce Corp. announces $2.7M for tourism events and attractions -
05/15/2024

R.I. Commerce Corp. announces $2.7M for tourism events and attractions -

PROVIDENCE – R.I. Commerce Corp. on Tuesday announced that 24 local organizations will share in $2.7 million in federal funding to create new attraction and destination events. The grants come from the U.S. Economic Development Administration’s Travel, Tourism, and Outdoor Recreation program tha...

30-story apartment tower proposed next to Hilton Providence -
05/13/2024

30-story apartment tower proposed next to Hilton Providence -

PROVIDENCE – The owner of the Hilton in downtown Providence is proposing a 30-story apartment building next to the hotel along Interstate 95. PRI I LP, the Hilton Providence property owner, is seeking permission to demolish an existing parking structure and what’s called a “function room” at...

We are now accepting nominations and applications for PBN's Leaders and Achievers Awards Program. This program recognize...
05/09/2024

We are now accepting nominations and applications for PBN's Leaders and Achievers Awards Program. This program recognizes individuals over the age of 50 for their notable success and strong leadership both in their fields and to the region. Do you know someone? Nominate today - https://pbn.com/event/2024-leaders-and-achievers-awards-program/ You may also self apply

JetBlue adding services between R.I.-Puerto Rico beginning Oct. 27 -
05/09/2024

JetBlue adding services between R.I.-Puerto Rico beginning Oct. 27 -

WARWICK – JetBlue Airways Corp. is adding daily nonstop service from Rhode Island T.F. Green International Airport to San Juan, Puerto Rico, beginning Oct. 27, the airline announced Wednesday. The new route between Rhode Island and Luis Muñoz Marín International Airport will operate year-round. ...

Retired Navy commander approved as Newport city manager -
05/09/2024

Retired Navy commander approved as Newport city manager -

NEWPORT – The City Council on Wednesday voted 5-2 to approve a three-year contract to tap Colin Kennedy, a retired U.S. Navy commander with no municipal experience, to fill the permanent city manager role left vacant after the 2023 retirement of former city manager Joseph Nicholson. Vice chairwoma...

R.I. Medicaid paid more than $7M in services for deceased beneficiaries, audit finds -
05/08/2024

R.I. Medicaid paid more than $7M in services for deceased beneficiaries, audit finds -

PROVIDENCE – The state’s Medicaid program disbursed more than $7 million to managed care organizations for deceased beneficiaries in fiscal year 2023, an audit by the R.I. Joint Committee on Legislative Services concluded. The state paid $2 million of the total cost, while the remaining $5.1 mil...

Washington Bridge replacement costs balloon to more than $400M -
05/07/2024

Washington Bridge replacement costs balloon to more than $400M -

PROVIDENCE – Gov. Daniel J. McKee’s administration on Monday released a new cost estimate of more than $400 million for the replacement of the westbound Washington Bridge. The governor’s office initially estimated the cost at between $250 million and $300 million. But McKee’s office now says...

After FAA audit, state on the hook for $500K to Warwick for T.F. Green first responders  -
05/06/2024

After FAA audit, state on the hook for $500K to Warwick for T.F. Green first responders -

Nobody complained for over three decades as the corporation that runs the state’s airport paid an annual six-figure sum to the city of Warwick to cover emergency services. Then came a routine audit by the Federal Aviation Administration released last December calling on the R.I. Airport Corporatio...

Share your thoughts with us -
05/03/2024

Share your thoughts with us -

Tuition increases at Rhode Island-based colleges over the last decade are among the highest in the country, according to a report from GOBankingRates. The online news outlet analyzed each state to find how much the cost of college tuition has increased in every state between the 2013-14 and 2021-22....

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