Capital Goods
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Fitch affirms RIAC bonds as ‘A-’ but ‘outlook negative’
The R.I. Airport Corporation's $261 million in general airport revenue bonds were labeled “A-” and given a negative outlook by Fitch Ratings. more
| 5/25/12 | 1 comment
Only two bids for commuter rail contract
Only French rail operator Keolis’ subsidiary, Keolis America Inc., has bid to challenge the Massachusetts Bay Commuter Rail for the Massachusetts Bay Transportation Authority commuter rail contract, reported The Boston Globe. more
| 8/6/12
DOT to begin Washington Bridge work, bikeway closed for 2 years
PROVIDENCE – The R.I. Department of Transportation is starting the construction of a new linear park and bikeway over the Washington Bridge between Providence and East Providence. more
| 7/5/12
Air Canada suspends service from T.F. Green
Air Canada is suspending its twice daily service from T.F. Green to Toronto effective March 1, R.I. Airport Corporation Interim President and CEO Peter Frazier told Providence Business News. more
| 1/22/13
Washington releases $864K in unused infrastructure funds to R.I.
The Obama Administration has released $473 million in unused federal infrastructure earmarks for states to use on new projects, including $864,000 in Rhode Island. more
Orders for U.S. capital goods signal business spending slowdown
A gain in demand for capital goods such as equipment and machinery in August failed to make up for declines in the previous two months, showing slowdowns in business investment and exports threaten to further restrain the U.S. economy more
Richline Group to acquire Rio Grande
Berkshire Hathaway Inc. subsidiary Richline Group Inc. will acquire Albuquerque, N.M.-based Rio Grande from The Bell Group Inc. effective Jan. 1, the company announced Friday. more
| 12/28/12
EB lands $17.5M Navy contract modification
General Dynamics Electric Boat was awarded a $17.5 million contract modification with the U.S. Navy for submarine planning services. more
| 10/26/12
Gas prices drop another 5 cents in R.I.
Gasoline prices in Rhode Island dropped another 5 cents this week, marking the sixth consecutive week of decline, according to AAA Southern New England. more
| 11/19/12
Thanksgiving travel projections rise for 4th consecutive year
AAA Southern New England has projected a 0.7 percent rise in Thanksgiving holiday travel, the fourth consecutive year of increases since holiday travel fell 25 percent in 2008. more
| 11/14/12
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