Economic Activity
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Rhode Island Housing foreclosure counseling part of $1B U.S. effort
Since bringing the National Foreclosure Mitigation Counseling program to Rhode Island in 2007, the HelpCenter at Rhode Island Housing has provided foreclosure prevention counseling to more than 14,000 Rhode Islanders, the organization announced Thursday. more
| 12/27/12
WJAR parent company sees losses widen, revenue rise during 3Q
During the third quarter of 2012, Media General Inc. – parent company of WJAR-TV NBC 10 – saw losses widen due to higher expenses but revenue soar due to political advertising and the Olympics coverage. more
| 10/17/12
Report: Slow economic growth predicted for R.I. through 2016
Even though Rhode Island’s economy has shown mixed signs of improvement in 2012, the state’s economic outlook has not changed significantly in recent months, according to a report from the New England Economic Partnership. more
Chafee plans review of economic-development proposals
Gov. Lincoln D. Chafee on Thursday met with top government, business, labor and nonprofit leaders about changing Rhode Island’s public-sector economic-development efforts, but offered no timeline or certainty to when any changes might take place. more
Heating oil fluctuates on weather forecast, stalled budget talks
Heating oil fluctuated as forecasts for colder weather in the U.S. Northeast and a decline in distillate stockpiles were tempered by concern U.S. lawmakers won’t reach a budget deal by the end of the year. more
Court approves R.I. offer to buy Rocky Point property
The U.S. District Court for the District of Rhode Island approved the state’s offer to purchase the remaining 82 acres of Rocky Point land in Warwick to develop a state park, the R.I. Department of Environmental Management announced Wednesday. more
| 2/13/13
United Natural Foods profit rises 19% in FY2012
United Natural Foods Inc.’ profit rose 19 percent to $91.3 million, or $1.86 cents per diluted share, during the fiscal year ended July 28, 2012, from $76.7 million, or $1.60 per diluted share, during the fiscal year ended July 30, 2011. more
| 9/12/12
Projo parent posts $1.5M gain in 3Q
During the third quarter, A.H. Belo Corp., the parent company of the Providence Journal and three other daily newspapers, reported net income of $1.48 million, or 6 cents per diluted share, compared with a net loss of $135,000, or 1 cent per diluted share, for the third quarter of 2011. more
| 10/29/12
Foreclosure starts rise 2% in Providence metro area
Foreclosure starts in the Providence-Fall River-New Bedford area rose 2 percent in October compared with the same period last year on quickening activity in Massachusetts, RealtyTrac said Thursday. more
Report: R.I. small businesses ‘crucial’ to state’s economy
Small businesses in Rhode Island represent 95.9 percent of all employers and employ 55.4 percent of the state’s private sector workforce, according to a report from the U.S. Small Business Administration. more
| 2/15/13 | 1 comment
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