Cousins Maine Lobster (CML), the Shark Tank phenom known for serving up wild-caught Maine lobster rolls, authentic New England clam chowder, and delicious whoopie pies, is celebrating its 12th anniversary with the opening of its 65th unit in the Rhode Island market. Cousins Maine Lobster was founded in 2012 by Jim Tselikis and Sabin Lomac. The […]
Business
A look at What’s Up in business in Newport, Rhode Island, and beyond.
AARP Rhode Island appoints new State President
AARP Rhode Island State Director Catherine Taylor today announced the appointment of Elizabeth Howlett as State President. “We are delighted that Elizabeth has stepped into this key volunteer leadership position,” Taylor said in a statement. “Her experience, her expertise, her distinguished leadership history, and her passion for our mission make her an outstanding choice. “I […]
Providence to welcome meeting for technology innovators seeking DOD business
Technology innovators seeking to understand how the Department of Defense (DOD) needs to be modernized in order to achieve better returns on investment for maintenance and sustainment (M&S) initiatives are invited to register for the Commercial Technologies for Maintenance Activities (CTMA) Partners Meeting. The event, hosted by the National Center for Manufacturing Sciences (NCMS), will […]
People’s Credit Union supports local food pantry with $1,000 donation
People’s Credit Union has announced a $1,000 donation to the North Kingstown Food Pantry to support the organization’s ongoing efforts to prevent hunger in the community. Erin Connor, head of North Kingstown market development for People’s Credit Union, recently presented a check to Kristin Jahne, NKFP pantry assistant, expressing the credit union’s support for the […]
Best-performing Rhode Island stocks last week
Stacker compiled a list of the best-performing stocks in Rhode Island last week using data from IEX Cloud. Stocks are ranked by the highest percent price change from Apr. 12 to Apr. 19. Stocks headquartered in Rhode Island, listed on the Russell 3000 membership list, and a market cap over $5.0 billion on April 14th […]
Brick Alley Pub is being sold to The Heritage Restaurant Group
Ralph and Pat Plumb, owners of the Brick Alley Pub, announced today that they’ve agreed to sell the Brick Alley Pub to The Heritage Restaurant Group, formerly 1899 Ventures, a Newport, Rhode Island-based restaurant group. The Brick Alley Pub has been a Newport landmark for over 40 years and has been voted both “Best Restaurant” […]
T. F. Green International Airport in Rhode Island is a contender for top travel award
Rhode Island T. F. Green International Airport is once again in the running for some of the nation’s top travel awards. The airport is listed as one of the Best Airports in the U.S. by Condé Nast Traveler magazine. The Condé Nast Traveler Readers’ Choice Awards has been in operation for over a decade, and […]
People’s Credit Union donates $2,000 to Narrow River Preservation Association
People’s Credit Union has donated $2,000 to the Narrow River Preservation Association (NRPA) to support the organization’s work to protect the Narrow River and its watershed. “Since 1970, the citizen volunteers involved with the NRPA have been engaged in making a tremendous impact on preserving and protecting our environment,” said Mr. Daly. “People’s Credit Union […]
BankNewport adopts FedNow Service to enhance payment capabilities and customer experience
BankNewport announced today that it has adopted the FedNow Service to enhance its payment capabilities and modernize its customer banking experience. The FedNow Service is a real-time payment system that provides consumers and businesses with faster, easier, and more secure ways to send and receive money. The initiative is part of BankNewport’s commitment to providing […]
Newport Craft Brewing & Distilling Co. will open its doors on April 19 to a new tasting room, outdoor bar and event space
Newport Craft Brewing & Distilling Co. today announced that, after a four-and-a-half-year multiphase project, its facility will reopen its doors on Friday, April 19, 2024, with an official grand reopening celebration on April 26, 2024. According to a press release from Newport Craft, the completion of this project reflects the company’s dedication to its community, quality, and […]
Rite-Solutions awarded a $10.7 million task order to support the development of electronic warfare and electronic support trainers
Middletown-based Rite-Solutions has been awarded a five-year, $10.7 million competitive Task Order from the Naval Undersea Warfare Center (NUWC), Division Newport to provide hardware and software development services for Electronic Warfare (EW) and Electronic Support (ES) elements of the Submarine Multi-Mission Team Trainer (SMMTT). The win – Rite-Solutions’ third prime contract win in as many […]
Best-performing Rhode Island stocks last week
Stacker compiled a list of the best-performing stocks in Rhode Island last week using data from IEX Cloud. Stocks are ranked by the highest percent price change from Apr. 5 to Apr. 12. Stocks headquartered in Rhode Island, listed on the Russell 3000 membership list, and a market cap over $5.0 billion on April 14th […]
UTIC offers Sonar Pro-Development to 200+ members
The Undersea Technology Innovation Consortium (UTIC) has announced that more than 200 of its members have completed a professional development course on sonar, underwater sounds, and undersea systems. The course, which was run by UTIC, the University of Rhode Island’s College of Engineering, and Raytheon, aims to help sonar and undersea system engineers and scientists […]
The Guild Brewing Company and Rhode Island FC team up on new beer release
On Friday, April 12, The Guild Brewing Company, Rhode Island’s largest craft brewery with locations in Pawtucket, Providence and Warren, unveiled a limited release of RIFC Pale Ale, a special collaboration beer with Rhode Island FC. The Official Craft Beer of Rhode Island FC, The Guild Brewing Company brings its award-winning taste to Beirne Stadium, the temporary home […]
Ben & Jerry’s to host Free Cone Day on April 16
Ben & Jerry’s is throwing its annual Free Cone Day celebration on April 16, but this time, the ice cream maker is including a call to action. While any day free ice cream is involved is a win, the Ben & Jerry’s team behind the annual fan appreciation event, now well past its 40th year, […]
Rhode Island’s New Commerce Chief: Jim Bennett
The Rhode Island Commerce Corporation’s new president and chief operating officer will bring with him a wealth of experience in both business development and government, Gov. Dan McKee’s office said today. Jim Bennett, a Brown University graduate who has served in a variety of leadership positions, including executive vice president of Prospect Medical Holding, was […]
CCRI celebrates graduation of first cohorts of Rhode Island’s first Offshore Wind Safety Training Center
Thirty-nine local residents are the first to complete the Global Wind Organisation (GWO)-certified Basic Safety Training curriculum at the state’s only offshore wind safety training center and are prepared to continue building fulfilling careers in America’s fast-growing offshore wind sector. Located at the Community College of Rhode Island’s Lincoln Campus, the GWO-certified training facility is […]
BankNewport Promotes Evan Rose to Vice President, Premier Banking Manager
Evan Rose, a resident of Portsmouth, has been promoted to vice president, premier banking manager at BankNewport, the bank said in a press release on Wednesday. Rose began with the bank 14 years ago and “has been with the Bank for over 14 years, having held several leadership and management positions within the Retail Group, […]
Rhode Island Energy earns Tree Line USA recognition
The Arbor Day Foundation recently awarded Rhode Island Energy with a Tree Line USA recognition for its commitment to urban forestry and proper tree care in the areas it serves. The award was prompted by the company’s efforts to meet Tree Line USA’s five program standards: quality tree care, annual worker training, tree planting and […]
Introducing firmMD: Newport’s Newest Addition and Rhode Island’s Premier Med Spa
New to Newport is firmMD, an elevated medical space specializing in anti-aging and aesthetics. Located at 130 Touro Street, the space is beautifully designed. It highlights the Victorian charm and character that Newport is known for while encompassing a superior level of comfort and practicality in their treatment rooms. Founded by the esteemed Dr. Benjamin […]
Quonset Business Park surpasses 14,000 jobs
Quonset Business Park has surpassed 14,000 jobs, marking the milestone of 13,000 jobs that it was created 15 months ago. “Quonset is a leading engine of economic activity and job growth and a perfect example of the economic momentum we’re seeing all across Rhode Island,” said Governor Dan McKee. “By making strategic investments in the […]
Hampton Inn & Suites Newport-Middletown set to unveil completely new look this spring
Co-CEO Jeff Karam and Jamie Karam of First Bristol Corporation, partnering with Rocky Kempenaar of Kempenaar Real Estates, Inc., will soon unveil the multi-million dollar, newly updated Hampton Inn & Suites Newport-Middletown, located at 317 West Main Road, Middletown. Closed to the public since December, the renovated hotel will offer a modern coastal theme that […]
Grey Sail Brewing debuts mix 12-pack for summer sipping
With warmer weather finally arriving in Rhode Island, beer maker Grey Sail Brewing has released a 12-can mix pack featuring classics like Captain’s Daughter Double IPA (8.5% ABV), Little Sister Session IPA (4.7% ABV), Flying Jenny Pale Ale (5.3%), and Sea Maiden Enchantingly Light Ale (3.9%). “At Grey Sail Brewing, we’re committed to crafting exceptional […]
Rite-Solutions awarded $88 Million contract by the Naval Undersea Warfare Center Electromagnetic Systems Department
The Naval Undersea Warfare Center (NUWC) Division Newport recently awarded Rite-Solutions a $88.6 million three-year contract to support NUWC’s Undersea Warfare Electromagnetic Systems Department (Code 34). The full and open contract is the largest the company has received. “This is a milestone for the company,” says Joe Marino, Rite-Solutions co-founder and CEO. “We are proud that […]
Frosty Freez to open for 2024 Season on April 1
Frosty Freez is returning for the 2024 season, opening its doors at 11:30 am on Monday, April 1. Frosty Freez originally opened in 1956 and celebrates its 68th Anniversary in 2024. In 2023, it was open daily from 11:30 a.m. to 9 p.m. Frosty Freez’s season typically runs from April 1 – September 30. Frosty […]