Updated March 27 at 9:27am
Local News
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Former Alex and Ani CEO Giovanni Feroce has formed an investment firm in Providence focused on backing retail and media ventures, he said in an interview with Providence Business News. The new firm, called GF Asset Management LLC, has about a dozen employees based in offices at 39 Pike St. in the Fox Point section of the city. more
After three consecutive months of declines, the unemployment rate for the Providence-Fall River-Warwick metro area climbed slightly in May to 8 percent nonseasonally adjusted, compared with 7.8 percent a month earlier, the U.S. Bureau of Labor Statistics reported Tuesday. more
Polypropylene films manufacturer Toray Plastics (America) Inc. announced Tuesday that Michael Brandmeier has succeeded Richard Schloesser as president and CEO of the company following Schloesser’s retirement. more
Renewable energy may reap as much as two-thirds of the $7.7 trillion in investment forecast for building new power plants by 2030 as declining costs make it more competitive with fossil fuels. more
Single-family home prices in the Providence-Warwick metro area increased 3.2 percent year over year in May, according to the CoreLogic Home Price Index report released Tuesday. more
J.D. Power has ranked Amica Mutual Insurance Co. the highest in overall customer satisfaction among auto insurers in the New England region. more
(Updated, Sept. 15, 11:05 a.m.) Citizens Financial Group Inc. announced Monday it will rebrand its more than 200 Charter One branches in Michigan and Ohio as “Citizens Bank” by mid-year 2015, part of its new unified brand strategy to create a consistent Citizens Bank presence across all 11 states in which the bank operates. more
Companies in the Providence-Fall River-Warwick metro area added 800 jobs year over year in May, an increase of 4 percent compared with May 2013, landing the region at No. 134 among the 339 U.S. metro areas in terms of year-over-year net employment gain. more
The Internal Revenue Service is about to get an unprecedented look at bank accounts and investments U.S. citizens hold abroad, through a law that is making it harder to hide assets from the tax collector. more
Two Bristol County health centers are among 35 community organizations in Massachusetts receiving a share of $6 million in grants through the Partners for Community Health Excellence and Innovation program. more
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