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Alstom SA CEO Patrick Kron called on the French government to back a $17 billion offer by U.S. rival General Electric Co. for its energy units, saying uncertainty about his company’s future is making it difficult to win orders. more
An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com fell in March for a second consecutive month, dropping one-tenth of a percent to 124.9 from 125 in February. more
Bryant University and the town approved a five-year agreement at a town council meeting Tuesday night for the university to reimburse Smithfield for its emergency services. more
According to a new report, health care will continue to be Rhode Island’s leading private-sector employer during the next decade, with strong growth anticipated in a number of job types, including social assistance workers. more
Purchases of new U.S. homes rose in April for the first time in three months as buyers took advantage of falling mortgage rates. more
General Electric Co. agreed to a French government request to extend by three weeks the deadline for its planned $17 billion purchase of Alstom SA energy units. more
Rhode Island restaurants will see a 15.7 percent increase in employment during the 2014 summer season, according to a report released Thursday by the National Restaurant Association. more
Convincing businesses and homeowners to look at the long-term perspective, not just the immediate cost of investment, is one of many challenges communities and governments face as the impact of climate change becomes an increasingly pressing issue, economist Howard Kunreuther told environmental experts, area residents and a group of international journalists Friday at the Metcalf Institute for Marine and Environmental Reporting. more
Gov. Lincoln D. Chafee on Tuesday announced $2.1 million in funding under the Governor's Workforce Board and the R.I. Department of Human Services for youth summer employment programs. more
“Precarious” is how University of Rhode Island economist Leonard Lardaro characterizes Rhode Island’s economy, following the release Tuesday of a Current Conditions Index that has failed to improve for nine successive months. more
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