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R.I. theaters look to expand business through ‘alliance’
In an alliance of the state’s “brightest theaters,” three performance venues plan to exchange their artistic, technical and management resources in an effort to bolster long-term expansion with the creation of the Rhode Island Theater Alliance. more
Towerstream acquires Delos Internet
Wireless high-speed commercial Internet provider Towerstream Corp. has acquired Delos Internet, marking the company’s fifth-ever acquisition, Towerstream announced Tuesday. more
Bristol County, Mass. foreclosures drop 87% in January
Bristol County, Mass., foreclosure starts dropped 17.4 percent in January while finished foreclosures plummeted 86.7 percent compared with the first month of 2012, The Warren Group said Monday. more
| 3/5/13
Dow average surges to record as profits stoke 4-year rebound
The Dow Jones Industrial Average rose to its highest level ever, erasing losses from the financial crisis after a four-year rally fueled by the fastest profit growth since the 1990s and monetary stimulus from the Federal Reserve. more
Home prices continue to rise in Providence metro
Single-family home prices in the Providence-Fall River-New Bedford metro area rose 0.6 percent from January 2012 to January 2013, according to CoreLogic’s Home Price Index. more
| 3/5/13
Owner of Yankee Candle prepares to sell
The Yankee Candle Co., the largest producer of scented candles in the United States, is currently in the preliminary stages of sale by owner Madison Dearborn Partners, the Reuters News Agency reported Monday. more
| 3/12/13
GTECH sales rise 15.8% in 2012
Lottomatica Group SpA reported a 15.8 percent increase in revenue during 2012 to €993 million ($1.29 billion) at its Providence-based subsidiary GTECH Corp., although using “constant currency,” the lottery service and equipment company posted an 8.5 percent gain. more
| 3/12/13
R.I exports saw ‘banner year’ in 2012
Rhode Island was one of 29 states to achieve record export growth in 2012 with a 4.1 percent increase over 2011, Gov. Lincoln D. Chafee announced Tuesday. more
| 3/12/13
R.I. to land $105K for Google privacy breach
Pending a $7 million national settlement, Attorney General Peter F. Kilmartin joined 37 other states and the District of Columbia in a consumer privacy suit against Google Inc., collecting $104,491 for Rhode Island. more
Israel poised for R.I. exports, expert says
Israel remains the Middle Eastern country most primed for U.S. exports and Rhode Island companies wanting to get in on overseas trading should seize any opportunity to do so, advises Atid EDI Ltd., a Jerusalem-based firm that specializes in market research and trade development for the Middle East region. more
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