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Galan G. Daukas, former executive vice president of wealth management at Washington Trust Bancorp. Inc., resigned his position, effective May 20. Gaukas will be succeeded by Mark K. Gim, according to a bank filing with the Securities and Exchange Commission. more
The U.S. Department of Housing and Urban Development has award $2.5 million in grants to the Rhode Island Housing and Mortgage Finance Corp. to help “protect children and families from the hazards of lead-based paint and from other home health and safety hazards,” HUD announced Friday. more
The R.I. Historical Preservation and Heritage Commission has awarded eight grants totaling roughly $54,500 to eight local historic preservation programs, the commission announced Friday. more
Workers in Rhode Island’s three most-frequently employed occupation groups earn less than needed to afford the average two-bedroom apartment in the Ocean State, according to HousingWorks RI’s spring affordable housing report. more
Rhode Island is expected to increase the number of restaurant jobs this summer by 15.6 percent, the fourth-highest projected rate of increase in the United States, according to National Restaurant Association projections. more
More than 100 Rhode Island residents, business owners, state officials, local planners and lawmakers gathered at the Statehouse on Thursday night to kick off RhodeMap RI, a year-long project to create statewide economic development and housing plans that link with strategies for future development, transportation, land use and the environment. more
Medical technology maker Covidien PLC’s board of directors has approved the separation of its Mallinckrodt pharmaceuticals business from the rest of Covidien, the company announced Friday. more
Orders for U.S. durable goods increased more than forecast in April, pointing to gains in business investment that will help manufacturing rebound in the second half of the year. more
The new names and tag lines for the R.I. Health Benefits Exchange that tested the best with consumers were “RI Health Source and Health Source RI” and “We’ve got you covered” and “Your health. Your way,” according to Michael Perry, who conducted market research on behalf of the exchange. more
Survivors of breast cancer recently took to the runway at Rhodes on the Pawtuxet to showcase trends as part of the Gloria Gemma Breast Cancer Resource Foundation’s Our Heroes Annual Survivor Fashion Show. more
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