Economic Activity
1024 results total, viewing 291 - 300
The city will re-launch its suspended startup investment program with smaller investments focused on only “high-growth” technology sector companies. more
General Growth Properties Inc. CEO Sandeep Mathrani’s compensation surged more than fivefold to $22.1 million last year, boosted by the value of stock-option awards. more
The number of Americans filing applications for unemployment benefits rose more than forecast last week after reaching a six-month low, a sign that progress in the labor market remains fitful. more
Cumberland pet food distributor Pet Food Experts Inc. has reached an agreement with the city to buy a building on Main Street in downtown Pawtucket and move its corporate offices there. more
Alex and Ani LLC is closing its store on Weybosett Street in Providence next month and replacing it with an employee training center. more
Rhode Island’s foreclosure rate fell to 2.1 percent in February from 3 percent a year earlier, but remained slightly higher than the national rate of 1.9 percent, according to a report released Thursday by real estate data firm CoreLogic. more
An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com fell in February for the first time since March 2013, dropping four-tenths of a percent to 124.9 from 125.4 in January. more
Fitch Ratings has assigned a AA rating to Rhode Island’s $79.5 million in 2014 consolidated capital-development general-obligation bonds, the agency announced Wednesday. more
A Rhode Island film company has secured a deal with Screen Media Films and Universal Studios to produce 10 new motion pictures – including the thriller “Almost Mercy,” currently in pre-production – for on-demand video release reaching more than 100 million households, according to a release from Gov. Lincoln D. Chafee’s office. more
An analysis of Rhode Island’s tax data, released Thursday by the R.I. Department of Labor and Training, showed more growth in the state’s private-sector employment during the fourth quarter of 2013 than originally estimated. After analyzing tax data from 32,000 businesses, the DLT now estimates the number of Rhode Island-based jobs for December to be 473,300 – 2,100 more than the original estimate of 471,200. more
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