Updated July 3 at 9:03pm
Capital Goods
274 results total, viewing 261 - 270
Call it another false alarm in the China-overtaking-the-U.S. saga. Notwithstanding the latest estimates from the International Monetary Fund, the U.S., the world’s largest economy is still, well, numero uno. more
Two of the primary functions of government should be to provide a good education to its citizens and maintain modern, well-functioning infrastructure. more
U.S. consumers may well remember the days, pre-2012, when shopping for an airline ticket was complicated by the airlines’ favored pricing scheme. Back then, an advertised $240 fare might suddenly turn out to be a $300 fare, given that taxes account for roughly 20 percent of the average domestic U.S. airfare. Passengers hated the system while the airlines – which hate price-comparison shoppers, because they drive down prices – embraced it. Fortunately, in 2012, the Department of Transportation imposed a rule requiring that the airlines advertise fares inclusive of the base fare, taxes and fees. Yet, notably, the rule didn’t prohibit the airlines from publishing the taxes and fees separately; it just required that they do so less prominently than the advertised, fully inclusive fare. The airlines, incensed at this pro-consumer bit of rulemaking, have been trying to overturn it ever since. more
United Technologies Corp. dropped the most in three months after lowering its 2015 profit target amid weakness at the Sikorsky helicopter unit being targeted for divestiture. more
A slowdown in global growth, resulting in plunging commodity prices, is prompting U.S. companies to say the glass is half empty. American consumers see it as half full. more
NEWPORT – R.I. Department of Transportation last week began work on a project that will upgrade bike and pedestrian facilities throughout the downtown. more
Airbus Group NV said it sold additional shares in Dassault Aviation SA, cutting its holding in the maker of the Rafale fighter to 24.6 percent and using the proceeds to fund growth. more
Confidence among U.S. homebuilders unexpectedly fell in May, reflecting cooling sales and slower buyer traffic, a sign the residential real-estate market will take time to gain momentum. more
The tantalizing promise of offshore wind energy as a growth industry for Rhode Island was again touted by state leaders last week, as several dozen employees at a marine fabrication company in North Kingstown started work on components of the Block … more
Three was a magic number for America last year. The U.S. economy added 3.1 million jobs. Gasoline plunged below $3 a gallon. As a result, driving topped 3 trillion miles for the first time in seven years and is poised to climb higher this year. more
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