American exports grew 18.7% in 2021 to $2.5 trillion after the coronavirus pandemic drove exports in 2020 to their lowest levels since 2010, according to Commerce Department data. The pandemic threw a monkey wrench into supply chains while flattening demand, all in the midst of significant tariffs imposed by the United States on China and […]
Business
A look at What’s Up in business in Newport, Rhode Island, and beyond.
Posted inBusiness
EXPLAINER: Rail strike would impact consumers, businesses
Commuters, food producers, refineries and others could all be affected if there is a nationwide rail strike at the end of this week. Members of one union rejected a tentative agreement that their leaders had negotiated with the biggest freight railroads, and three other unions were still at the bargaining table on Wednesday. Two other […]
Posted inBusiness
Bridge To Fitness will permanently close on September 30
Bridge To Fitness has announced that it will be permanently closing on September 30, 2022. The following letter was posted on the gyms Facebook Page on September 3; “To our amazing and loyal Bridge to Fitness Community,Bridge to Fitness is more than a gym, it’s a community. It’s a home. A sanctuary. We are so […]
Posted inJobs
Now Hiring: 101 job opportunities available right now in and around Newport
Looking for a new gig, job, or career? Here’s a look at some of the job opportunities that are available right now in the Newport area. All jobs were posted or provided to us within the last seven days and are located within five miles of downtown Newport. 22 Bowen’s: EXECUTIVE CHEF @ 22 BOWEN’S […]
Posted inBusiness
AMPed up: Providence arena announces new naming rights deal
PROVIDENCE, R.I. (AP) — Insurance company Amica has reached a 10-year deal for the naming rights to the downtown Providence arena that for two decades has been known as the Dunkin’ Donuts Center. The 14,000-seat facility will now be known as the Amica Mutual Pavilion, or the AMP Providence, the Lincoln-based insurer and the Rhode […]
Posted inBusiness
Mott & Chace Sotheby’s International Realty announces a top Warwick Neck sale
Warwick, RI (September 7, 2022) – Mott & Chace Sotheby’s International Realty is proud to announce the waterfront home at 152 Beacon Avenue has sold for $2,800,000. Leza Williamson, Sales Associate of Mott & Chace Sotheby’s International Realty, represented the seller. Pat Murphy of Residential Properties, Ltd. represented the buyer. According to data available from Rhode […]
Posted inBusiness
CVS to buy home health-care provider Signify for $8 billion
DALLAS (AP) — Drugstore operator CVS Health Corp. said Monday that it will buy home-health provider Signify Health for $8 billion. CVS said Signify has more than 10,000 employees including physicians and nurses, a presence in every state, and offers technology platforms. “This acquisition will enhance our connection to consumers in the home and enables […]
Posted inNews
With talk of a 2023 recession looming, what economic indicators have historically preceded every US downturn?
Written by: Elizabeth Jackson (Stacker) With talk of a 2023 recession looming, what economic indicators have historically preceded every US downturn? Economic and business news in the United States is currently full of fear over the possibility of a recession. Near-historic inflation has caused the prices of everything from groceries to fuel to soar and […]
Posted inBusiness
Now hiring: US offshore wind ramps up, workers taught safety
At a 131-year-old maritime academy along Buzzards Bay in Massachusetts, people who will build the nation’s first commercial-scale offshore wind farm are learning the skills to stay safe while working around turbines at sea. Some take to the tasks fairly easily since they’re veterans of marine fields or construction. For others, it’s totally new to […]
Posted inBusiness
Limo business, boat hauling company, and other businesses for sale right now in Rhode Island
The latest listings on BizBuySell and LoopNet show all kinds of businesses currently for sale in Rhode Island. Reasons for selling, when provided, typically do not mention economic hardship, but more often involve the owner retiring or not having time to actively run the business. The names and locations are generally left out, but there are occasional exceptions. Here […]
Posted inPeople & Profiles
Newport woman selected for statewide minority leadership program
Niko Merritt of Newport is one of just 31 people statewide selected to participate in the Rhode Island Foundation’s Equity Leadership Initiative. The goal is to help build a pipeline of leaders of color for positions of influence throughout the state. Merritt is the founder and Executive Director of Sankofa Community Connection. Besides having worked for […]
Posted inJobs
Now Hiring: 80 job opportunities available right now in and around Newport
Looking for a new gig, job, or career? Here’s a look at some of the job opportunities that are available right now in the Newport area. All jobs were posted or provided to us within the last seven days and are located within five miles of downtown Newport. Current Job Opportunities 22 Bowen’s: KITCHEN SUPERVISOR4M […]
Posted inBusiness
Hogan Associates joins Christie’s International Real Estate
Hogan Associates today announced that it has joined the Christie’s International Real Estate network as the luxury brand’s newest affiliate. In connection with the move, Hogan Associates will rebrand as Hogan Associates Christie’s International Real Estate. Established by Leslie Hogan and Matt Hadfield in 2009, Hogan Associates Christie’s International Real Estate is one of the […]
Posted inBusiness
Grey Sail launches beer to support Childhood Cancer Research
By Grey Sail Brewing of Rhode Island Grey Sail Brewing of Rhode Island is proud to announce its fifth year of partnering with Brewing Funds the Cure to support pediatric cancer. On Thursday, September 1st, Grey Sail will release Rising Hope Hazy Peach IPA at a release party at their Taproom from 12-8pm. The beer will also be available […]
Posted inBusiness
Consortium led by URI Research Foundation designated as ‘Defense Manufacturing Community’
A consortium led by the URI Research Foundation has been designated a “Defense Manufacturing Community” and has been directed by the Office of Local Defense Community Cooperation (OLDCC) to pursue a grant of $5,000,000 to strengthen Rhode Island’s maritime defense industrial base. Only six applicants to the Defense Manufacturing Community Support Program (DMCSP) were designated […]
Posted inJobs
What are green jobs and how can I get one? 5 questions answered about clean energy careers
Shaun M. Dougherty, Boston College When President Joe Biden signed the Inflation Reduction Act in August 2022, he called it the “largest investment ever” to fight climate change. He also said it would lead to the creation of well-paying union jobs to help “reduce emissions across every sector of our economy.” These jobs are also […]
Posted inBusiness
Girls Who Code and Raytheon Technologies launch Pilot Leadership Academy for STEM College Students
Raytheon Technologies today announced that it is partnering with Girls Who Code (GWC) to launch GWC’s Leadership Academy, a semester-long program for over 100 U.S. college students. Program participants will join GWC advisors and Raytheon Technologies mentors to build their leadership, technical and professional skills while growing their network of peers studying STEM fields. The program, which targets […]
Posted inBusiness
OceanPoint Marine Lending names Newport resident as Vice President, Director of Strategic Projects
BankNewport today announced that Siobhan Kits van Heyningen has joined OceanPoint Marine Lending, a subsidiary of BankNewport, as vice president, director of strategic projects. In her new role, she will be responsible for defining, organizing, and planning various strategic initiatives within the marine lending division. “We are so pleased to welcome Siobhan to BankNewport,” said […]
Posted inNews
With talk of a 2023 recession looming, what economic indicators have historically preceded every US downturn?
Economic and business news in the United States is currently full of fear over the possibility of a recession. Near-historic inflation has caused the prices of everything from groceries to fuel to soar and has brought many Americans’ ability and willingness to spend money into question. Because consumer spending is one of the major drivers […]
Posted inBusiness
Bristol resident named Chief People Officer of Newport Restaurant Group
Newport Restaurant Group (NRG) today announced the promotion of Kristin Allain to Chief People Officer. In her new position, Kristin will continue to provide leadership within NRG’s employee-ownership culture, helping operational leadership build teams of hospitality professionals by exposing staff to the technical and life skills necessary to build successful careers in the hospitality industry. […]
Posted inBusiness
Old Canteen Restaurant, donut/coffee shop, liquor store, and other businesses currently for sale in Rhode Island
The latest listings on BizBuySell and LoopNet show all kinds of businesses currently for sale in Rhode Island. Reasons for selling, when provided, typically do not mention economic hardship, but more often involve the owner retiring or not having time to actively run the business. The names and locations are generally left out, but there are occasional […]
Posted inJobs
Now Hiring: 115 job opportunities available right now in and around Newport
Looking for a new gig, job, or career? Here’s a look at some of the job opportunities that are available right now in the Newport area. All jobs were posted or provided to us within the last seven days and are located within five miles of downtown Newport. Current Job Opportunities 22 Bowen’s – BUSSER […]
Posted inArts & Culture
Six Picks Events: What’s Up in RI this weekend (Aug. 12-14)
We’ve got another perfect forecast for fun around Rhode Island this weekend. Check out a few ideas below in our weekly column “Six Picks Events.” Friday: The Boston-based family theater ensemble The Gottabees bring their live production of Go Home Tiny Monster to the Theater-by-the-Sea Friday with early shows at 10AM and Noon. The popular children’s […]
Posted inJobs
Highest and lowest paying health care jobs in the Providence Metro area
Anybody who has taken a course in marketing, psychology or sociology is likely familiar with Maslow’s Hierarchy of Needs. First detailed by psychologist Andrew Maslow in his 1943 work “A Theory of Human Motivation,” the hierarchy breaks down the complex network of human thoughts into a categorical triage, placing self-development at the top and security […]
Posted inBusiness
DEM to offer mini-grants to support specialty food producers
The Rhode Island Department of Environmental Management announced today that it has established a program to award grants ranging in size from $2,500 to $10,000 to support Rhode Island farmers and food businesses that produce and distribute specialty crops such as fruits, vegetables, tree nuts, dried fruits, horticulture, and nursery crops including floriculture. These “mini-grants,” […]