Capital Goods
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Textron Inc., the manufacturer of Cessna aircraft and Bell helicopters, rose the most in almost two years after the Financial Times reported Friday that the company was near a $1.4 billion purchase of planemaker Beechcraft Corp. more
Construction employment in Rhode Island rose 2.6 percent in November compared with the same period last year, adding 400 jobs for a total of 15,700 jobs, the Associated General Contractors of America reported Friday. more
The Rockefeller Foundation has awarded a $559,296 grant to the Coastal Resources Center at the University of Rhode Island’s Graduate School of Oceanography to coordinate and support the foundation’s Oceans & Fisheries Initiative. more
General Dynamics Electric Boat has signed a new 25-year lease agreement with the Quonset Development Corporation to extend and expand its footprint at Quonset Business Park, Gov. Lincoln D. Chafee announced Wednesday. more
Daniele Inc.’s local gourmet and specialty meats have been selected as finalists in the 2014 National Good Food Awards following a blind taste test competition in San Francisco last month. more
Approximately 94.5 million Americans will travel from home during the year-end holiday season, an increase of 0.6 percent compared with last year, AAA Southern New England reported Tuesday. more
Gasoline prices maintained their consistent rise over the last week in both Rhode Island and Massachusetts, the fourth consecutive week of higher prices in both states, according to the weekly survey by AAA Southern New England. more
The Scorpion tactical jet, developed by Textron AirLand LLC, completed its first flight Thursday at McConnell Air Force Base, less than 24 months after the initial design phase began to develop the aircraft. more
Attorney General Peter F. Kilmartin has filed an amicus brief with the U.S. District Court in support of the Massachusetts lawsuit against the National Oceanic and Atmospheric Administration seeking to reverse a federal regulation that reduces ground-fishing allotments by 77 percent. more
Gasoline prices continued to rise in Rhode Island and Massachusetts this week, marking the third consecutive week of higher prices in both states, according to the weekly survey by AAA Southern New England. more
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