Portsmouth, RI has grown into one of the most desirable areas to live in New England. The business community here is working hard to integrate the inevitable growth in commerce with the quality of life that makes our town so beautiful.

We encourage everyone in our region to visit our beautiful town for great shopping and services from friendly people. If you're a member of our business community, we would also like to invite you join our proactive organization. Together, we make a great team with a great future!

FALL 2009 PBA NEWSLETTER NOW AVAILABLE ONLINE.
To keep up with what is going on with the PBA, we ask that you read the announcements below.  Also you can click here to download the current PBA newsletter.

 

Announcements

Projo Moneyline

East Bay chain sells Newport This Week The East Bay Newspapers chain has sold Newport This Week to a pair of veteran Newport journalists including Lynne Tungett, left, who plan to turn the free weekly into a Web-print hybrid publication. Hasbro sells $500M in long-term debt Hasbro Inc. sold $500 million of 30-year bonds on Monday, a 25 percent bigger offering than it had originally planned. R.I., Mass. gas prices up for second week Gasoline prices in Rhode Island have risen for the second week in a row to an average price of $2.75 per gallon, AAA Southern New England reported Monday. Citizens to add 487 ATMs in Sunocos Citizens Financial Group Inc. said Monday it will add nearly 500 ATMs in 13 East Coast states to its network this spring by branding machines at 24-hour Sunoco APlus Convenience Stores. RWU grants scholarship to Chariho GRRL Roger Williams University awarded a four-year scholarship to Susan Woodard, a senior at Chariho Regional High School, during the ninth annual GRRL Tech Interactive Technology Expo, held Friday on the university’s campus. R.I. gets $4M for Wickford MBTA station The state will receive $4.4 million from the federal government to build a parking garage and platform at the new Wickford Junction train station in preparation for the expansion of MBTA commuter rail service there. Verrecchia joins another corporate board Hasbro Inc. Chairman Alfred J. Verrecchia has joined the board of Iron Mountain Inc., the data and records management firm announced last week. Isis Biopolymer gets $3M for trials, R&D Medical device firm Isis Biopolymer Inc. said Friday its investors put another $3 million into the company last month to fund clinical trials, manufacturing, and research and development. Catholic diocese stemmed red ink in 2009 The Roman Catholic Diocese of Providence finished its 2009 fiscal year with a surplus, rebounding from a money-losing year in fiscal 2008, according to the diocese’s annual financial report. New data lowers R.I. jobless rate – a little It turns out unemployment in Rhode Island didn’t get quite as high as we thought last fall, revisions released Friday showed. But the jobless rate was still a record 12.7 percent in January.