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Gas prices in the Ocean State dropped 3 cents this week after five consecutive weeks of increases, AAA Southern New England reported Monday. more
The economic impact of the Naval Undersea Warfare Center Division Newport exceeded $935 million during 2012, according to NUWC officials. more
Gasoline prices rose 2 cents in Rhode Island to $3.54 per gallon, the first weekly increase since Oct. 1, AAA Southern New England said Monday. more
Textron Inc. – parent of Bell Helicopter, Cessna Aircraft Company and Textron Systems – posted net income of $148 million, or 51 cents per share, in the fourth quarter of 2012, reversing the $19 million, or 7 cents per share, loss for the same 2011 period. more
Gasoline prices in Rhode Island rose 3 cents to $3.55 over the last week, after dropping 2 cents a week ago, AAA Southern New England said Monday. more
Warren-based technology manufacturer Avtech Software Inc. is the latest Rhode Island company to join the National Alliance for Jobs and Innovation, a non-partisan organization designed to increase awareness about stolen intellectual property and the subsequent negative impact on jobs, innovation and economic growth. more
Ridership on Amtrak trains in the Providence-New Bedford-Fall River metropolitan area grew 137.5 percent between 1997 and 2012, according to a new report released by the Brookings Institution. more
Builders broke ground in January on the most U.S. single-family homes in more than four years and permits for future construction rose, an indication the industry’s momentum carried over into 2013. more
Toray Plastics (America) Inc. has invested roughly $15 million to expand its North Kingstown facility and install new coating equipment in order to meet the customer demand for “value-added films with advanced specialty layers,” said a company release. more
Astro-Med Inc., maker of specialty printers and data-acquisition systems, posted net income of $10.6 million, or $1.42 per diluted share, for the fiscal 2013 period, a gain of 239 percent on its fiscal 2012 results. more
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