Shawmut Design and Construction has formed a new sports-venue division specializing in the management of construction projects at stadiums, arenas and athletic complexes.
Newport Bancorp Inc., parent of Newport Federal Savings Bank, reported net income of $1.5 million for 2011, a decline of 19.4 percent on the 2010 total, as total interest and non-interest revenue fell 4.2 percent to $23.7 million.
The state should adopt into law provisions for establishment of a health care exchange and, in another matter, must not ignore the threat of casinos in nearby Massachusetts, according to two committees that prepared recommendations for the General Assembly Friday morning at the U.S. Small Business Administration Rhode Island Economic Summit.
Rhode Island small businesses represented 95.9 percent of all employers in the state in 2009, according to the U.S. Small Business Administration.
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The 2nd Annual Chief Financial Officer Awards will recognize eleven executives who have demonstrated superior financial acumen and leadership in helping guide their organizations to fiscal success. There are award categories for public and private companies, nonprofits and government entities. One person will be chosen for the Lifetime Achievement award, and another will be selected as a rising star within the financial sector.
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This new event will recognize employers who have strong, effective Health and Wellness programs in the region. Finalists will be selected in five categories, based on number of employees, and profiled in a PBN special report, and honored at an awards event in late April. Employers in Rhode Island and Bristol County, Massachusetts are eligible to enroll.






