Updated May 1 at 11:25am
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The U.S. economy expanded in the first quarter at the slowest pace in two years as American consumers reined in spending and companies tightened their belts in response to weak global financial conditions and a plunge in oil prices. more
(Updated 2:21 p.m.) Architects, preservationists and historical societies are lining up to apply pressure on the General Assembly to reverse a proposed budget cut to the Rhode Island Historical Preservation and Heritage Commission. more
Ron Simoneau is vice president of Shawmut Design and Construction in Providence, a national construction management company whose presence in Rhode Island has grown substantially over the past several years. He responded recently to questions posed by the Providence Business News. more
Imperial Pearl, an importer of pearls and a designer of fine jewelry, recently announced it has invested more than $1 million to install solar panels at its East Providence headquarters. The conversion will cover the full cost of its electrical needs at the facility, according to a company news release. more
Paul J. Sacco has been promoted at The Procaccianti Group, a real estate investment and management company, to president and chief development officer of its newly named hotel division, TPG Hotels & Resorts. more
Rhode Island elected officials, community agencies and corporate partners joined together Monday to celebrate the completion of renovations at 40 S. Main St., a former hardware store transformed into six apartments, a kitchen incubator space and a public market plaza. more
The theme of the night was teamwork, and that was never more apparent than when Lisa Bisaccia, the executive vice president, chief human resources officer for CVS Health Corp., rose from her seat to accept the inaugural Career Achiever Award at the Providence Business News C-Suite Awards program Tuesday night at the Omni Providence Hotel. more
Mayor Jorge O. Elorza unveiled a $716.8 million operating budget for the upcoming fiscal year Wednesday, a spending package that includes reductions in the commercial and residential tax rates, and an increased exemption for auto excise taxes, but which will most likely result in increased taxes for many property owners due to rising assessments. more
Grow Smart RI on Wednesday announced seven winners of its fifth annual Rhode Island Smart Growth Awards given to groups and projects that help shape a stronger Rhode Island. more
“Make it Yours” is the latest tourism strategy from the R.I. Commerce Corporation. more
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