Economic Activity
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A Superior Court judge has blocked the proposed sale of The New England Media Group – which includes The Boston Globe and the Worcester Telegram & Gazette – to Red Sox owner John W. Henry, the Telegram reported Tuesday. more
Home prices in the Providence metro area rose slightly in July over the previous month, according to the LPS Home Price Index released Monday. more
Gasoline prices fell another nickel in Rhode Island, and dropped 4 cents in Massachusetts, according to the weekly survey by AAA Southern New England. more
Economic activity for the month of September reflected sustained, if not entirely consistent, positive momentum in the state’s economy, according to the statistician who produces the Current Conditions Index. more
FGX International announced Monday it has acquired Suntech Optics Inc., a privately held company based in Vancouver, British Columbia. The acquisition also included the purchase of Suntech Optics subsidiaries Naked Eye Enterprises and Bugaboos Eyewear Corp. more
U.S. Senate leaders are rushing to lock up an agreement to end the fiscal impasse, stepping in after House Republicans’ last-minute plan to avert a U.S. government default collapsed. more
Rhode Island single-family home sales stayed strong in August, climbing 22 percent compared with the same period last year, the Rhode Island Association of Realtors said Friday. more
Three real estate developers have responded to a city request for qualifications to find a credible partner to work with on the redevelopment of the 7.4-acre vacant lot at 45 Division St. south of the new Pawtucket River Bridge. more
Construction employment in Rhode Island rose 5.3 percent in October compared with the same period last year, adding 800 jobs for a total of 16,000 jobs, the Associated General Contractors of America reported Friday. more
Reed Phillips III, a media analyst at DeSilva & Phillips in New York, has estimated the worth of The Providence Journal at between $35 million and $50 million. more
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