Capital Goods
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Gilbane Building Company, which recently released the summer 2013 edition of “Construction Economics – Market Conditions in Construction” — projected that construction spending for 2013 will exceed spending for 2012 by 5 percent, the company announced Thursday. more
The R.I. Department of Transportation is one of seven states to receive an incentive grant from the National Highway Traffic Safety Administration to combat distracted driving, the department announced Thursday. more
Juvenile health, safety and wellness product maker Summer Infant Inc. posted lower net revenue but narrowed its loss in the second quarter of 2013, the company announced Wednesday after the close of the markets. more
More people than ever before rode Amtrak trains in July, and ridership increased by 2.7 percent in the Northeast, the rail company announced Wednesday. more
Residents continue to protest against tolls on the Sakonnet River Bridge set to take effect Monday, Aug. 19, WPRI reported. more
Steinway Musical Instruments Inc. agreed to be acquired by Paulson & Co., the hedge fund owned by billionaire John Paulson, in a deal valuing the 160-year-old piano maker at about $512 million. more
Billionaire hedge-fund manager John Paulson reportedly made the 11th-hour top bid for Steinway Monday, the Boston Business Journal reported. more
Gasoline prices fell for the second consecutive week in Rhode Island and Massachusetts, though they remain higher than the national average, AAA Southern New England reported Tuesday in its weekly survey. more
Activist hedge-fund managers in search of their next prey may look to Textron Inc. more
Gas prices down in Rhode Island and Massachusetts this week, though they remain higher than the national average, AAA Southern New England reported Monday in its weekly survey. The … more
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