Capital Goods
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The average price of gasoline rose a penny in Rhode Island and was unchanged in Massachusetts this week, reversing two weeks of price declines in both states, according to the weekly survey by AAA Southern New England. more
Orders for durable goods unexpectedly climbed for a third month in April, a sign U.S. factories will help the world’s biggest economy strengthen. more
Astro-Med Inc., maker of specialty printers and data-acquisition systems, posted fiscal first-quarter net income of $1.1 million, or 14 cents per diluted share, reversing the net loss of $449,000, or six cents per diluted share, reported during the same period last year. more
General Electric Co., seeking approval from France’s government for its $17 billion Alstom SA energy bid, is in early-stage talks with nuclear-plant maker Areva SA and other French companies about asset sales or partnerships, people familiar with the matter said. more
Gas prices dropped a penny in Rhode Island and Massachusetts this week, but Rhode Island’s average remained greater than national gasoline prices, according to the weekly survey by AAA Southern New England. more
Rhode Island added 1,300 construction jobs in the month of April, an 8.1 percent increase over the same month last year, ranking the Ocean State sixth in the country for highest percentage of construction jobs gained year over year, the Associated General Contractors of America reported. more
The V-22 Osprey’s deadliest accident stemmed partly from “undeniably intense” pressure to show progress for the new tilt-rotor aircraft, according to the U.S. Marine Corps commandant. more
(Updated, 12:06 p.m.) Gov. Lincoln D. Chafee formally approved a new apprenticeship program for computer numerical control operators at the annual meeting of the Governor's Workforce Board at the Crowne Plaza Providence-Warwick hotel Thursday morning. more
Gas prices fell in Rhode Island and Massachusetts this week, ending five consecutive weeks of climbing or unchanged gasoline prices in the two states, according to the weekly survey by AAA Southern New England. more
A $17.8 billion submarine contract, the biggest weapons deal announced by the U.S. military in more than a dozen years, kept Pentagon awards from sinking last month. more
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