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Massachusetts’ real gross state product increased at a 1 percent annualized rate during the fourth quarter, according to the Current Economic Index released Tuesday by MassBenchmarks. more
The A.T. Cross Co., a producer of high-end writing utensils and other personal accessories, announced in a press release late Monday that it is “exploring strategic alternatives” for its Cross Accessory Division. more
Independent Bank Corp., the parent of The Rockland Trust Co., reported fourth-quarter net income of $10 million, or 45 cents per diluted share, a 10.8 percent decline from the fourth quarter of 2011. more
The city of Pawtucket pulled in a $4.2 million federal grant to support 21 new “front-line” firefighter hires, covering full pay and benefits for two years. It is the city’s second large federal grant this month. more
Rhode Island’s unemployment rate, which fell to 9.1 percent in March, is now the sixth highest in the United States, the U.S. Bureau of Labor Statistics said Friday. more
Coastal Medical announced today that it has signed a preferred provider agreement with Visiting Nurse Home Care and Home & Hospice Care of Rhode Island, designating the two affiliated agencies as Coastal’s preferred providers for home care, palliative and hospice services. more
State regulators have determined that the application from Prime Healthcare Services of Ontario, Calif., to purchase Landmark Medical Center is incomplete. more
(Corrected Feb. 5, 9:50 a.m.) Alliance Security Co. and Alex and Ani were among those recognized as top job producers in the state by Inc. Magazine. more
The R.I. Department of Labor and Training and R.I. Department of Behavioral Healthcare, Developmental Disabilities and Hospitals (BHDDH) is inviting professional candidates to attend job fairs Thursday and Friday, where it is looking to hire 50 new nurses, nursing assistants and aides. more
(Updated, 1:18 p.m.) Biomedical Structures LLC, the developer of biomedical textiles for medical devices, has merged with Modified Polymer Components, a Sunnyvale, Calif.-based company specializing in the design, rapid prototyping and manufacture of polymer components for medical device original equipment manufacturers. more
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