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Report: R.I., nation need infrastructure improvements
Rhode Island is a state with 87 high-hazard dams, 156 structurally deficient bridges and 6,401 public road miles - 70 percent of which are considered to be of poor or mediocre quality. more
Astro-Med makes gains in FY2013
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
| 3/20/13 | 1 comment
Hagel pressed to add East Coast missile defense, would aid Raytheon
Defense Secretary Chuck Hagel should include funds in the Pentagon’s next budget request to start work on a U.S. East Coast site for 20 anti-missile interceptors as a defense against Iran, House Republicans said. more
Housing starts in U.S. climb as building permits pick up
New U.S. home construction rose in February and building permits climbed to the highest level in almost five years, adding to signs of progress in the housing market that’s helping boost the economy. more
Nortek reverses 2011 results, posts 2012 profit
Despite taking a $6.4 million pre-tax loss from the retirement of debt, Nortek Inc., the maker of residential and commercial building products, posted net income of $9.5 million in 2012, reversing its loss of $55.9 million in the previous year. more
| 3/14/13
Most Americans drive while distracted on phones, CDC study finds
About seven of 10 Americans talk on their mobile phones while behind the wheel, a dangerous distraction that is more common in the U.S. than in Europe, health officials said. more
Hasbro named among ‘most ethical companies’ for 2nd consecutive year
Toy and game-maker Hasbro Inc. earned the title as one of The Ethisphere Institute’s “World’s Most Ethical Companies” for the second consecutive year, Hasbro announced Wednesday. more
| 3/13/13
Summer Infant post loss despite sales growth in 2012
Juvenile health, safety and wellness product maker Summer Infant Inc. posted a net loss of $65.6 million, or $3.68 per diluted share, in 2012, compared with a profit of $3.8 million, or 21 cents per diluted share, in 2011. more
| 3/13/13
Israel poised for R.I. exports, expert says
Israel remains the Middle Eastern country most primed for U.S. exports and Rhode Island companies wanting to get in on overseas trading should seize any opportunity to do so, advises Atid EDI Ltd., a Jerusalem-based firm that specializes in market research and trade development for the Middle East region. more
R.I. pump prices slide 1 cent
Gas prices in the Ocean State dropped 1 cent this week after breaking five consecutive weeks of increases last week, AAA Southern New England reported Monday. more
| 3/11/13
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