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The R.I. Economic Development Corporation and the New England Consortium for Digital Manufacturing and Design Innovation are hosting an “Industry Day” on Tuesday, July 23 from 9 to 11 a.m. at the EDC offices in Providence. more
After rising 9 cents last week, Rhode Island gasoline prices jumped 12 cents more this week, AAA Southern New England reported Monday. more
Toy and game maker Hasbro Inc. posted net income of $36.5 million, or 28 cents per diluted share, during the second quarter of 2013, a 16 percent drop from the $43.4 million, or 33 cents per diluted share, reported during the second quarter of 2012. more
Year over year in June, construction employment in Rhode Island fell 5 percent, or 800 jobs, according to the Associated General Contractors of America. more
Textron Inc. – parent of Bell Helicopter, Cessna Aircraft Co. and Textron Systems – posted net income of $113 million, or 40 cents per diluted share, during the second quarter of 2013, a 34.3 percent decrease from the $172 million, or 58 cents per diluted share, posted during the second quarter of 2012. more
Starts of new U.S. homes unexpectedly fell in June to the lowest level in almost a year, indicating a pause in the industry’s progress. more
Industrial production rose in June by the most in four months, signaling U.S. manufacturing is improving heading into the second half of the year. more
Gasoline prices rose for the second consecutive week in Rhode Island, jumping nine cents to $3.69 per gallon for self-serve, regular unleaded this week, AAA Southern New England announced Monday. more
U.S. stocks rose as manufacturing in the New York region expanded more than forecast and Citigroup Inc. rallied, offsetting data showing retail sales in June increased less than expected. more
Oil and gas futures have risen by more than 10 percent, to $3.01 per gallon, in the past two weeks. This jump could result in the price of a gallon of unleaded gas increasing by as much as 30 cents in August, reported CNNMoney. more
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