People’s Credit Union promotes Rachel Semiao to head of Portsmouth member operations
She moves from the Middletown branch, where she started as a member service representative after 15 years in healthcare
Chamber study warns Newport County lacks the space to hold the jobs coming its way
The report projects 1,700 new jobs by 2035 requiring 1.47 million square feet, with industrial vacancy already at 2.74%
Newport Restaurant Group marks 30 years of employee ownership, with $33 million paid out since 1996
The company says its turnover runs 12 to 14 percent against an industry average near 110 percent; long-tenured employee accounts average about $606,000
Middletown’s MIKEL Inc. wins $64 million Navy engineering contract in Washington state
The five-year prime contract supports Naval Undersea Warfare Center Keyport, with McLaughlin Research and Booz Allen Hamilton as partners
People’s Credit Union closed every branch for a day of mental health volunteering
Employees put in more than 500 hours across a dozen-plus organizations on Sept. 17, from Lucy’s Hearth to Newport Mental Health
Coastal Rhode Island hotels far outperforming Providence, with RevPAR up nearly 13% this year
A state hospitality forecast projects 11,000 job openings a year through 2034, almost all from turnover rather than growth, and beef prices staying high into 2027
Maine-built Hood 42 named best new boat at the Newport International Boat Show
The Newport for New Products awards, in their 20th year, were announced Friday with the show running through Sunday
Carpionato CEO departing as company markets Newport Grand site as retail
Kelly Coates, who unveiled a $100 million mixed-use plan for the property in 2019, is leaving after 30 years; the company’s website now lists the site as commercial and retail with lease plans available
The Boat House closing Oct. 3 for a winter of renovations
The Tiverton restaurant reopens in late spring with a new outdoor bar on the north patio and a refreshed dining room
BankNewport grants $22,000 to Star Kids and FabNewport
The two awards, part of a spring cycle that sent more than $470,000 to nearly 50 Rhode Island nonprofits, fund tutoring and transportation in one case and summer meals in the other
People’s Credit Union names Justin Lombardo head of Middletown branch
Lombardo previously led branch operations at the credit union’s Portsmouth office
Providence Place sold to ownership group led by former Mayor Joe Paolino and the mall’s original developer
Paolino Properties, Pyramid Management Group and DW Partners close acquisition of the downtown mall after its period in receivership
Newport Playhouse to close after 43 years
“The Little Theater That Could” will take its final bow Dec. 31; performances continue through the fall
UTIC names Donald McCormack board chair as founding chair Debbie Proffitt retires
Leadership change comes a week after the Middletown consortium marked its 10th anniversary
Newport International Boat Show expands education lineup with on-water training, new fishing village
Seminars, hands-on workshops and helm instruction run across all four days of the Sept. 17-20 show
Middletown’s Undersea Technology Innovation Consortium marks 10 years, unveils new brand
UTIC says its collaborative model has contributed to more than $1.5 billion in undersea technology innovation impact since its founding
Rhode Island Turnpike and Bridge Authority refinances bonds, generating $11.6 million in savings
Deal closed July 9 frees up funds for bridge infrastructure investments in fiscal years 2027 and 2028
Nitro Bar to open fourth Rhode Island location on Providence’s East Side by end of summer
Popular coffee brand founded at Brown University’s farmers market snaps up 134 Ives Street for $850,000
Rhode Island’s labor market weakened in Q2 2026 as workforce participation hits two-year low
Falling unemployment rate masks deeper trouble as resident employment drops for fourth straight quarter
New York seafood company acquires Newport-based Endeavor Seafood
Mark Foods, which took an equity stake in Endeavor in 2021, has now fully integrated the frozen seafood importer into its operations
Small business employment growing faster in New England than nationwide
All New England states, except Massachusetts, “exceeded the national employment share for all three business size firms.”
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