The Port of Davisville at Quonset Business Park had its third consecutive record-breaking year, according to Gov. Lincoln D. Chafee, who joined state officials and local business leaders on Wednesday to announce the port’s success. more

On Wednesday night, the New England Fishery Management Council voted to cut the catch limit on Gulf of Maine cod by 77 percent, a move the opposition claims is tantamount to shutting down the industry, The Gloucester Times reported. more

A.T. Cross Co. saw profit fall 1.6 percent in the fourth quarter of 2012 but rise 10.1 percent for the year as a whole, the personal- and business-accessories maker said late Wednesday. more

Southwest Airlines has added seasonal non-stop service to Ft. Meyers, Fla. and West Palm Beach, Fla. from T.F. Green Airport starting on Thursday, Feb. 14. more

Builders broke ground in January on the most U.S. single-family homes in more than four years and permits for future construction rose, an indication the industry’s momentum carried over into 2013. more

Thousands of local jobs are at risk if sequestration is not averted and if Congress fails to complete a defense spending bill, according to the Southeastern New England Defense Industry Alliance. more

Nortek Inc., a residential and commercial ventilation maker, has signed a definitive agreement to acquire Lehi, Utah-based 2Gig Technologies Inc., Nortek announced Thursday. more

The Smaller Business Association of New England has announced additional funding for its Manufacturing Matching Grant Program, an initiative designed to provide funds for high-powered consulting expertise to small and medium-sized manufacturers. more

Rhode Island’s gasoline prices continued to rise this week, jumping 5 cents to $3.80 per gallon in the fourth consecutive week of price increases, AAA Southern New England said Monday. more

The proposed merger between American Airlines and US Airways could mean good news for Rhode Island’s T.F. Green Airport, according to Patti Goldstein, vice president of public affairs for the R.I. Airport Corporation. more