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PBN names 2012 40 Under Forty winners
Providence Business News has announced the winners of the 2012 40 Under Forty competition, to be honored on July 26 at a summer bash at the Tennis Hall of Fame in Newport. more
| 6/22/12
R.I. companies make Inc. Magazine’s 2011 fastest-growing companies list
Fifteen Rhode Island companies and seven in neighboring Bristol County, Mass., made Inc. Magazine’s 2011 ranking of the fastest-growing private companies in America. more
Alex and Ani purchases Sakonnet Vineyards
(Updated, 2 p.m.) In a move that represents a “major re-investment in the local economy,” Alex and Ani LLC has purchased Sakonnet Vineyards in Little Compton, the jewelry designer announced Thursday. more
| 7/19/12
Alex and Ani to open professional development center
Jewelry designer Alex and Ani LLC will open a professional development center in a Weybosset Street building it has purchased. The location will also house a new retail location will open in late August, CEO Giovanni Feroce told Providence Business News. more
Inc. Magazine releases 2012 fastest-growing private companies list
Sixteen Rhode Island companies - including VMS Alarms - and three from neighboring Bristol County, Mass., were named as some of the fastest-growing private companies in the United States on an Inc. Magazine 2012 list. more
| 8/16/12
Providence best ‘foodie’ city in America says Travel + Leisure
Providence was ranked the best foodie city in Travel + Leisure Magazine’s “America’s Favorite Cities” poll that ranks the vacation-worthiness of 35 cities from across the United States. more
Procaccianti sells Westin to Omni
The Procaccianti Group has agreed to sell the Westin Providence Hotel to Omni Hotels & Resorts in a deal that is expected to close in December. more
| 10/5/12
Raimondo pension lawsuit seen risking bankruptcies
Rhode Island Treasurer Gina Raimondo championed an overhaul last year of one of the nation’s worst- funded public pensions, setting out a road map for states and cities by curbing benefits and delaying retirements. more
Cuts in defense, Medicare could mean fewer jobs for R.I.
Rhode Island could lose up to $82 million and more than 3,000 jobs due to sequestration in defense and Medicare spending, respectively, according to reports released by the Center for Security Policy and the Hospital Association of Rhode Island. more
Clarendon Court sells for $13.1M
Clarendon Court, the Cliff Walk mansion and former home of Claus and Sunny von Bulow, has sold for $13.1 million, the highest price in the state this year, listing agent Paul A. Leys of Gustave White Sotheby’s International Realty announced. more
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