Private-industry employer costs for employee compensation in New England averaged $34.80 per hour in June, rising 40 cents in a six-month period, according to a quarterly U.S. Bureau of Labor Statistics report released Friday.
New Bedford-based Precix pulled itself out of the Great Recession by getting very lean and benefiting from consumers, who were finally purchasing new cars again. But the manufacturer of O-rings and seals for the automotive, aerospace and energy industries hasn’t rested easy, or simply relied on improved auto sales for its continued fast growth.
Argentina is in default again, but its latest predicament is far from your garden-variety sovereign debt crisis. This time South America’s second-largest economy has been tripped up not by new borrowing, but by a lawsuit from American hedge funds blocking settlements with bondholders over a 2001 default. more
If the region’s business leaders listened only to the chattering class or politicians with points to score, you get the sense they wouldn’t bother to get out of bed in the morning. After all, Rhode Island is dead last is every job-creation or business-climate list, right?
Drivers across the U.S. enjoying the lowest pump prices for this time of year since 2010 will probably see further declines as refineries benefiting from the shale boom produce record amounts of fuel.
Estate and Corporate Income Taxes are changing next year, and business owners and executives should know the details. The PBN Summit on November 6th will provide those details and more - including how much Obamacare's Employer Mandate could cost.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.