Economic Activity
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R.I. homeowners receive 4Q mortgage relief valued at $59M
Homeowners in Rhode Island are continuing to receive financial relief from the five mortgage service providers at the center of the National Mortgage Settlement, Attorney General Peter F. Kilmartin announced. more
Amazon.com to collect Mass. sales tax in 2013
Online retail warehouse Amazon.com will begin collecting state sales tax on purchases made by Massachusetts customers beginning in the fall of 2013, Gov. Deval L. Patrick’s office announced Tuesday. more
| 12/11/12
U.S. stocks little changed before elections amid Greek concern
U.S. stocks were little changed, after last week’s advance in the Standard & Poor’s 500 Index, as Americans prepared to vote in presidential elections and amid growing concern that Greece will struggle to win a bailout. more
Hasbro profits fall 3% in 3Q
Profits for Hasbro Inc. fell 3 percent to $164.9 million, or $1.24 per diluted share, in the third quarter of 2012, compared with $171 million, or $1.27 per diluted share, for the same period in 2011. more
| 10/22/12
Hasbro names two new officers, announces new Monopoly piece
Toy and game-maker Hasbro Inc. announced Wednesday the appointment of two veteran employees to high-level chief officer positions. more
Confidence among homebuilders hits a six-year high
Confidence among U.S. homebuilders climbed in September to the highest level in more than six years, adding to signs of progress in residential construction. more
Bloomberg News | 9/24/12
Parsons withdraws from consideration as EDC director
Citing a recent health issue, William J. Parsons has asked to be withdrawn from consideration to permanently lead the R.I. Economic Development Corporation, the quasi-state agency announced Thursday. more
| 2/14/13
U.S. stocks rise amid optimism Congress will reach budget deal
U.S. stocks rose, after the biggest weekly drop for the Standard & Poor’s 500 Index in about two months, amid speculation Congress will reach a deal to head off more than $600 billion in spending cuts and tax increases. more
New England unemployment rate holds at 7.4% in October
New England’s unemployment rate was unchanged from September to October at 7.4 percent, the U.S. Bureau of Labor Statistics announced Friday. more
| 11/20/12
Chafee nominates 3 more to EDC board
Gov. Lincoln D. Chafee announced on Thursday three more nominees for the R.I. Economic Development Corporation’s board of directors: Lifespan’s Judith Diaz, Elizabeth Francis of the R.I. Council for the Humanities and Atrion Networking Corp.’s president and CEO Tim Hebert. more
| 4/11/13
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