Updated March 26 at 6:25pm
Investing
376 results total, viewing 91 - 100
Rhode Island has one of the highest percentages of Latino-owned businesses in New England, but many of these entrepreneurs report challenges in gaining access to capital and resources that could help their business grow, according to a new report by the Latino Policy Institute at Roger Williams University. more
J.C. Penney Co. plans to shutter as many as 140 stores and trim thousands of jobs, becoming the latest department-store chain to make big moves in a world of lower mall traffic and fierce online competition. more
The Federal Reserve’s stress tests of big banks found all 33 have enough capital to withstand a severe economic shock, though Morgan Stanley trailed the rest of Wall Street in a key measure of leverage. more
Genesee & Wyoming Inc. said Monday that it has agreed to acquire Providence and Worcester Railroad Co. for approximately $126 million, or $25 per share. more
David A. Fontaine is a partner of tax and business services at the Providence offices of Marcum LLP, an international accounting and advisory firm. Fontaine has been closely monitoring the tax changes made in the recently approved fiscal 2017 state budget and talks with Providence Business News about how those changes will affect businesses in Rhode Island. more
KVH Industries Inc. widened its first-quarter loss to $2.8 million, or 18 cents per diluted share, compared with the loss it reported in first quarter 2015 of $1.4 million, or 9 cents per share. more
Jonathan Nelson is one of the 400 richest Americans, according to Forbes. more
New Media Investment Group Inc. reported $5 million in profit, or 11 cents per diluted share, in the first quarter, reversing a loss a year ago of $6 million, or 14 cents per diluted share. more
Summer Infant Inc. and its former officers have resolved their claims against each other. more
When it comes to gross domestic product growth, it’s not a surprise that Providence County leads the state’s five counties with GDP growth of $1.1 billion, according to a SmartAsset study. more
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