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Nortek Inc., maker of home and office security solutions, ventilation and air management products, and heating and cooling systems, posted a first-quarter net loss of $8.6 million, or 55 cents per diluted share, a reduction from the loss of $15.1 million, or 98 cent per diluted share, reported for the same period last year. more
The Providence-Fall River-Warwick metro area added 900 construction jobs over the year ended in April, an increase of 5 percent that earned the region a spot at No. 122 in a ranking of U.S. metro areas in terms of year-over-year net employment gain, according to the Associated General Contractors of America jobs report released Tuesday. more
General Motors Co., Ford Motor Co., Chrysler Group LLC and Nissan Motor Co. all reported U.S. sales that exceeded analysts’ estimates in May. GM and Chrysler said industrywide sales were stronger than projected. more
The Massachusetts Bay Transportation Authority instituted higher fares on Tuesday, raising daily and monthly costs for commuter rail passengers from Rhode Island and southern Massachusetts. more
The national nonprofit Made in the USA Foundation has named Alex and Ani LLC among its 2014 USA Hall of Fame winners. more
Gas prices dropped another 2 cents in Rhode Island this week while Massachusetts prices were unchanged, according to the weekly survey by AAA Southern New England. more
Hasbro Inc., the third-largest toymaker in the world, reported second-quarter earnings of $32.8 million, or 26 cents per diluted share, a 10 percent decline compared with the $36.5 million, or 28 cents per diluted share, reported during the same period last year. more
The Pentagon will cut 17 of the 343 F-35 fighters it planned to buy from Lockheed Martin Corp. in fiscal 2016 through 2019 unless Congress repeals automatic budget cuts, according to a new Defense Department report. more
Rhode Island exports declined 7.1 percent in April compared with the previous month but increased 10.5 percent on a year-over-year basis, according to an e-forecasting.com report released June 17. more
The Providence-Fall River-Warwick metro area added no construction jobs between March 2013 and March 2014, ranking the state at No. 198 among the 339 metro areas nationwide in terms of year-over-year net employment gain, according to the Associated General Contractors of America jobs report released April 28. more
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