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‘Wickford Wintertime Wednesdays’ offer free train service for commuters
As part of Wickford Wintertime Wednesdays, roundtrip train service from Wickford Juction Station in North Kingstown to Downtown Providence will be free on Wednesdays from Jan. 23 to Feb. 27. more
| 1/11/13
Kopin sells assets to IQE Plc. for $75M
(Updated, 1:15 p.m.) The Kopin Corp. has announced an agreement to sell assets relating to its III-V heterojunction bipolar transistors to IQE PLC, a leading U.K. designer and supplier of advanced semiconductor wafers, for $75 million. more
| 1/10/13
Construction employment drops in Providence metro in Nov.
Construction employment declined in 151 out of 337 U.S. metro areas – including the Providence-Fall River-Warwick and New Bedford areas – rose in 126 metro areas and stayed stagnant in 60 from November 2011 to November 2012, according to the Associated General Contractors of America. more
| 1/8/13
Electric Boat awarded $4.6B for submarine programs
General Dynamics Electric Boat was awarded three contracts totaling $4.6 billion from the U.S. Navy to design and develop the next-generation strategic-deterrent submarine, and to continue the construction of Virginia-class attack submarines. more
| 1/7/13
Gas prices rise 2 cents in R.I., 4 cents in Mass.
Gasoline prices rose 2 cents in Rhode Island to $3.54 per gallon, the first weekly increase since Oct. 1, AAA Southern New England said Monday. more
| 1/7/13
Natus to acquire Grass Tech group from Astro-Med for $18.6M
San Carlos, Calif.-based Natus Medical Inc. has entered into a definitive agreement to acquire the Grass Technologies product group from technology manufacturer Astro-Med Inc. for $18.6 million, the companies announced Monday. more
| 1/7/13
Working Waterfront Festival launches Portholes Project
As part of its 10th anniversary celebration, the Working Waterfront Festival is launching the Portholes Project, a series of free, monthly programs to spark conversation about issues facing working waterfronts. more
| 1/4/13
Defense contractors gain reprieve on cuts without long-term fix
Defense contractors led by Lockheed Martin Corp., General Dynamics Corp. and Raytheon Co. gained a reprieve from U.S. spending cuts that may prove short-lived. more
Manufacturing in U.S. expands after reaching 3-year low
Manufacturing in the U.S. expanded in December at a pace that shows the industry is stabilizing after reaching a three-year low a month earlier. more
Faster Northeast trains require safety changes, Amtrak CEO says
Amtrak will recommend new U.S. rail-safety regulations to allow it to replace its Acela trains in the Northeast U.S. with lighter, faster equipment, CEO Joseph Boardman said. more
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