Updated March 5 at 11:09am
Local News
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Rhode Island will receive an additional $7 million from the U.S. Department of the Interior to clean up damage to the state’s coastline following Hurricane Sandy and prepare the state for future storms, U.S. Sen. Jack Reed announced Monday. more
Gasoline prices climbed back up again in Rhode Island this week while the Massachusetts average remained unchanged from a week ago, reflecting volatility in national gas prices, according to the weekly survey by AAA Southern New England. more
Four cities and towns have launched the Rhode Island beta of OpportunitySpace, an online database of public properties intended to promote transparency and community redevelopment. more
Industrial production climbed more than forecast in May, a sign gains in manufacturing are supporting growth as the U.S. economy picks up. more
The R.I. Historical Preservation and Heritage Commission has awarded $59,300 to seven municipalities and historic-preservation programs across the state. more
Siemens AG is preparing a bid for Alstom SA’s energy unit that would leave it with the French company’s gas turbines while allowing partners Mitsubishi Heavy Industries Ltd. and Hitachi Ltd. to expand their steam turbines and hydro businesses, people familiar with the matter said. more
Deepwater Wind’s five-turbine Block Island Wind Farm could get final approval on its federal permits in July, Michael Elliott, U.S. Army Corps of Engineers project manager for the wind farm, told Providence Business News Friday. more
Rhode Island’s manufacturing industry received poor marks relative to others in the U.S. in the 2014 Manufacturing and Logistics Report released on June 11 by Ball State University’s Center for Business and Economic Research. more
Consumer confidence unexpectedly fell in June to a three-month low, adding to signs of a more restrained pickup in the second-quarter economy. more
Two Rhode Island companies – the Randall Family of Companies and Residential Properties Ltd. – have been ranked among the nation’s top residential real estate brokers by sales volume in the 2014 Real Trends 500 list. more
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