Investing
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U.S. Bancorp, the nation’s largest regional lender, reported third-quarter profit that matched analysts’ estimates as the company made more loans to businesses. more
Treasuries fell after a report showed existing home sales rose to their highest level in a year, indicating the U.S. economy is still improving amid slowing global growth. more
U.S. stock-index futures rose, signaling the Standard & Poor’s 500 Index will extend its biggest three-day rally since April, after earnings reports at companies including Apple Inc. and United Technologies Corp. more
The Securities and Exchange Commission barred two Rhode Island-based brokers from the securities industry for their roles in a variable annuities scheme to profit from the imminent deaths of terminally ill individuals. more
Abigail Johnson has climbed the ranks of Fidelity Investments, the company started by her grandfather in 1946, over more than 25 years, starting as a stock analyst and working her way through almost every major division. more
U.S. stock-index futures declined, after equities fell the most since April, as concern that slower global growth will hurt the U.S. economy pushed the Standard & Poor’s 500 Index towards its longest streak of weekly losses since January. more
Buying stocks before U.S. companies report quarterly earnings has usually been a good way to make money. Not this time. more
Harvard University, the world’s wealthiest school, is the only one among its peers whose endowment value hasn’t returned to the peak level reached before the financial crisis. more
The National Football League and Providence Equity Partners have made their first joint investment. more
Hackers exploited an employee password to crack a JPMorgan Chase & Co. server and ultimately pull off one of the largest cyber-attacks ever, accessing data on 76 million households and 7 million small businesses. more
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Estate and Corporate Income Taxes are changing next year, and business owners and executives should know the details. The PBN Summit on November 6th will provide those details and more - including how much Obamacare's Employer Mandate could cost.
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PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
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