Economic Activity
964 results total, viewing 201 - 210
Too big to fail is likely to prove a costly epithet for the world’s biggest banks as regulators demand they increase debt securities to cover losses should they collapse. The shortfall … more
Bank of America Corp., the third- largest U.S. mortgage lender, refused to give Paul Mataska the loan amount he needed last year after he had a six-month layoff from his job in 2012. more
Luxottica Group SpA said founder Leonardo Del Vecchio will become interim chief executive officer after the Italian maker of Ray-Ban glasses lost its second leader in little more than a month. more
Economic momentum shifted into a higher gear in Rhode Island in August, a possible turning point in the state’s recovery, University of Rhode Island economist Leonard Lardaro said Monday. more
Nearly $1 million in funding from the U.S. Department of Housing and Urban Development’s Family Self Sufficiency Program for 11 cities and towns was announced Friday during a visit from the U.S. Secretary of Housing and Urban Development Julián Castro. more
LSI Industries Inc. has sold two assets, including one of its manufacturing facilities here for $1 million, in an effort to streamline manufacturing operations and reduce costs, according to a company news release distributed on Oct. 8. more
Providence Business News was named New England Newspaper of the Year for specialty publications by the New England Newspaper & Press Association at the organization’s 2014 Fall Conference Thursday. more
Rhode Island had the third-highest tax rate on lodging last year, according to HVS Convention, Sports, and Entertainment Consulting’s third annual lodging tax study released this week. more
U.S. stock-index futures declined, after equities fell the most since April, as concern that slower global growth will hurt the U.S. economy pushed the Standard & Poor’s 500 Index towards its longest streak of weekly losses since January. more
The Providence Redevelopment Agency Thursday approved leasing the “triangle lot” in downtown to a Fall River developer who intends to build a hotel there. more
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