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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Fortuitous Partners celebrates topping off of Tidewater Landing stadium -
06/20/2024

Fortuitous Partners celebrates topping off of Tidewater Landing stadium -

PAWTUCKET – Rhode Island’s only professional soccer team and the company that’s building its new home recently celebrated a milestone in the construction process for the Tidewater Landing stadium project along the Seekonk River in Pawtucket. Rhode Island FC, the USL Championship squad that kic...

Lifespan rebranding to ‘Brown University Health’ under new agreements -
06/20/2024

Lifespan rebranding to ‘Brown University Health’ under new agreements -

PROVIDENCE – The state’s largest health system is getting a new name. Under an expanded affiliation agreement, Brown University and Lifespan Corp. announced Thursday the health system this year will change its name to Brown University Health, or Brown Health for short. A rebranding effort will t...

Blue Cross’ Pitney elected new Meals on Wheels board president -
06/18/2024

Blue Cross’ Pitney elected new Meals on Wheels board president -

PROVIDENCE – Christina Pitney, Blue Cross & Blue Shield of Rhode Island’s senior vice president of government programs, has been elected as the new board president for Meals on Wheels of Rhode Island, the food delivery nonprofit announced Tuesday. Meals on Wheels says Pitney, who will serve as t...

Roger Williams Park Zoo welcomes new Masai giraffe -
06/18/2024

Roger Williams Park Zoo welcomes new Masai giraffe -

PROVIDENCE – Roger Williams Park Zoo has welcomed a new resident during World Giraffe Week. Enzi, a 1-year-old male, 730-pound, 10-foot tall, Masai giraffe made the trip from the Franklin Park Zoo in Massachusetts to join fellow giraffes Cora and Providence. “Our team is committed to providing E...

Health insurers seek rate increases for 2025 -
06/17/2024

Health insurers seek rate increases for 2025 -

PROVIDENCE – Local health insurers have submitted requested commercial health insurance rate hikes for 2025 for individual, small- and large-group plans, the R.I. Office of the Health Insurance Commissioner announced Friday. Large-group rate requests ranged from an increase of 2.5% to 14.9% and sm...

R.I. liquor stores, wineries feeling cheerier after lawmakers ease restrictions -
06/14/2024

R.I. liquor stores, wineries feeling cheerier after lawmakers ease restrictions -

After years of fretting that Rhode Island laws put them at a disadvantage, liquor stores and wineries have a reason to raise a glass to the General Assembly. Legislation passed by both chambers that would give an extra day of free samples and loosen restrictions on wineries’ on-site sales are pois...

Federal Reserve envisions just one rate cut this year -
06/12/2024

Federal Reserve envisions just one rate cut this year -

WASHINGTON (AP) – Federal Reserve officials said Wednesday that inflation has fallen further toward their target level in recent months but signaled that they expect to cut their benchmark interest rate just once this year. The policymakers’ forecast for one rate cut was down from a previous for...

Patrice Milos tapped as R.I. Life Science Hub interim president -
06/12/2024

Patrice Milos tapped as R.I. Life Science Hub interim president -

PROVIDENCE – Patrice Milos will serve as interim president of the Rhode Island Life Science Hub beginning July 1, the hub’s board announced Tuesday. “I’m honored that the board has entrusted me with this role at such a critical point in the evolution of the Life Science Hub,” Milos said. ....

Last Chance! Enroll today -
06/12/2024

Last Chance! Enroll today -

Enrollment deadline is Friday, June 14th.

Defense manufacturer Anduril Industries to build new $8.3M facility in Quonset Point -
06/11/2024

Defense manufacturer Anduril Industries to build new $8.3M facility in Quonset Point -

NORTH KINGSTOWN – A California-based defense technology manufacturer, which has a facility in Quincy, Mass., will construct a new site in the Quonset Business Park and will be open for business in about a year. R.I. Commerce Corp. formally announced Tuesday that Anduril Industries Inc. will locate...

06/11/2024
PBN announces 40 Under Forty honorees -
06/10/2024

PBN announces 40 Under Forty honorees
-

PROVIDENCE – Forty young professionals have been chosen as the winners of Providence Business News’ 20th annual 40 Under Forty Awards program. The honorees were selected based on their career success and involvement within their communities. Among the winners chosen for the 2024 program are thos...

Deadline Approaching! Nominate your role model today.  Link in bio or go to pbn.com
06/05/2024

Deadline Approaching! Nominate your role model today. Link in bio or go to pbn.com

R.I. iGaming revenue exceeded $3M in April  -
06/05/2024

R.I. iGaming revenue exceeded $3M in April -

PROVIDENCE – Rhode Island online gaming revenue was $3.3 million in April, the first full month of activity since iGaming launched on March 5, according to the latest report from the R.I. Lottery. In total, there was $2 million in revenue from online slots and $1 million from table games, availabl...

Warwick educator named R.I. Teacher of the Year -
06/05/2024

Warwick educator named R.I. Teacher of the Year -

WARWICK – A special education and kindergarten teacher at Oakland Beach Elementary School has been named the state’s top educator. Milissa O’Neil, who has taught in the Warwick School Department for the last decade, has been named the 2025 Rhode Island Teacher of the Year. O’Neil was recogni...

Frost named president and chief of operations at Rhode Island, Hasbro Children’s hospitals -
06/03/2024

Frost named president and chief of operations at Rhode Island, Hasbro Children’s hospitals -

PROVIDENCE – Sarah Frost will take over as president and chief of hospital operations of both Rhode Island Hospital and Hasbro Children’s Hospital effective June 3, Lifespan Corp. announced Monday. Frost’s appointment comes after Dr. Saul Weingart stepped down as president of Rhode Island Hosp...

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...

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