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

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

Sensata Technologies N.V. reported a bottom line of $177.5 million, or 98 cents per diluted share, for 2012, versus profit of $6.5 million, or 4 cents per diluted share, reported during 2011. more

Construction employment declined in 131 out of 337 metro areas – including the Providence-Fall River-Warwick area – rose in 139 out of 337 metro areas and stayed stagnant in 65 metro areas – including the New Bedford area – from December 2011 to December 2012, according to a report from the Associated General Contractors of America. more

Gasoline prices in Rhode Island rose 3 cents to $3.55 over the last week, after dropping 2 cents a week ago, AAA Southern New England said Monday. more

Juvenile health, safety and wellness product maker Summer Infant Inc. has separated the positions of CEO and chairman of the board of directors, naming Dan Almagor as chairman. more

Snow and freezing rain expected from Washington to Boston have begun to tie up air traffic and make travel difficult in the mid-Atlantic region. more

Textron Inc. – parent of Bell Helicopter, Cessna Aircraft Company and Textron Systems – posted net income of $148 million, or 51 cents per share, in the fourth quarter of 2012, reversing the $19 million, or 7 cents per share, loss for the same 2011 period. more

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

Gasoline prices in Rhode Island fell by 2 cents over the last week, according to AAA Southern New England, to $3.52 per gallon of self-serve, unleaded regular gas. more