Capital Goods
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Government spending cuts last year contributed to the fourth straight annual decline in federal contracting, the longest stretch since Ronald Reagan was president, statistics show. more
Thomas A. Kennedy will be the new CEO of Raytheon Co., the world’s largest missile maker, beginning March 31. more
Electric Boat President Jeffrey S. Geiger painted a glowingly positive picture of the future expansion and employment at the shipbuilder’s North Kingstown facility, with 650 new jobs in 2014 planned to be added to the current workforce of about 2,800. more
Gasoline prices fell slightly in Rhode Island and Massachusetts this week, the first time since early November that prices in both states showed a week-over-week decline, according to the weekly survey by AAA Southern New England. more
Gourmet charcuterie Daniele Inc. has earned a place at No. 6 on Manufacturing.net’s list of the Most Innovative Industrial Companies for 2013. more
The R.I. Division of Motor Vehicles will offer extended hours during January to accommodate an anticipated influx of commercial drivers required to complete a self-certification before Jan. 31, Gov. Lincoln D. Chafee announced Tuesday. more
Gasoline prices fell 1 cent in Rhode Island this week, ending six consecutive weeks of price increases, according to the weekly survey by AAA Southern New England. more
Construction employment in the Providence-Fall River-Warwick metro area rose 5 percent in November compared with the same period last year, adding 900 jobs for a total of 20,800 jobs, the Associated General Contractors of America reported Tuesday. more
Gasoline prices rose 2 cents in both Rhode Island and Massachusetts this week, marking the sixth consecutive week of price increases, according to the weekly survey by AAA Southern New England. more
Textron Inc., the manufacturer of Cessna aircraft, will boost its lineup of propeller-driven aircraft after reaching a deal to buy Beechcraft Corp. for $1.4 billion, as it seeks to counter a slump in business-jet sales. more
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