Updated March 22 at 6:45pm
Economic Activity
1813 results total, viewing 251 - 260
The U.S. economy is poised to deliver on the Federal Reserve’s economic forecast for this year. more
Coastway Bancorp Inc. this month reported 2016 profit more than doubled 2015 profit, growing 114.3 percent to $3.5 million. The parent company of Coastway Community Bank reported profit for the year totaled 82 cents per diluted share compared with 36 cents per diluted share in 2015. more
Rhode Island Infrastructure Bank last week approved a second tranche of funding for Portsmouth to provide loans to residents for septic system repairs and cesspool remediation. more
Citizens Bank provided a $65 million construction loan to help finance the construction of a 300,000-square-foot retail outlet in Iowa. more
Seekonk resident George Oliveira has been named chairman of Plimoth Investment Advisors. He will now oversee operations and serve as a senior member of the investment team. more
Michael D. Ice is a professor of finance at the University of Rhode Island. Ice talks with Providence Business News periodically about capital markets and monetary policy, and today discusses federal rate increases and how they might impact the economy. more
Two well-known, Rhode Island executives with expertise in medical innovation told the Interstate 195 Redevelopment District Commission Monday they want to create a new center to attract talent and spur business creation. more
(Updated 1:40 p.m.) The Newport Shipyard is seeking state permission to expand its capacity to accommodate larger yachts, according to an application before the R.I. Coastal Resources Management Council. more
Quahog Week is back, and will run March 20-25. The R.I. Department of Environmental Management on Monday announced the schedule for the second annual six-day celebration, which aims to highlight the state’s shellfish industry. more
While Providence County fell behind the nation for employment growth from June 2015 to June 2016, wages rose at a pace ahead of the rest of the United States for the period, according to the latest report from the U.S. Bureau of Labor Statistics. more
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