Updated August 25 at 12:30am
Economic Activity
1495 results total, viewing 371 - 380
Media General Inc.’s board agreed to enter into negotiations with Nexstar Broadcasting Inc. about an acquisition, though unanimously rejected the company’s previous bid, saying it undervalues the company. more
The west side has gained several new business tenants. Cleverhood LLC, a Providence-based outerwear company, recently moved from Clifford Street, in the Jewelry District, to newly renovated space at 425 W. Fountain St., an area that has attracted residential conversions and now is adding more retail. more
Mayor Jorge O. Elorza unveiled a $716.8 million operating budget for the upcoming fiscal year Wednesday, a spending package that includes reductions in the commercial and residential tax rates, and an increased exemption for auto excise taxes, but which will most likely result in increased taxes for many property owners due to rising assessments. more
Cash collections rose during the first seven months of the fiscal year, increasing 2.6 percent to $2 billion compared with $1.96 billion during the same period last year, the state Department of Revenue said Monday. more
The Rhode Island unemployment rate for January dropped by a tenth of a percentage point to 5.3 percent compared with December, even as the number of jobs in the state fell, according to the R.I. Department of Labor and Training. more
New Media Investment Group Inc. said Monday that it has completed the acquisition of Journal Multimedia for $18 million. more
The former summer farmhouse of Joseph Wharton, who established the school of business at the University of Pennsylvania, is on the market for $3.95 million. more
CB Richard Ellis, New England is marketing a 93,000-square-foot office and warehouse space at 555 Jefferson Blvd., most recently occupied by Wildtree Herbs Inc. more
Providence is one of the best cities for startups in the country. more
AAA Travel is forecasting that 46.9 million Americans will journey at least 50 miles from home this Thanksgiving, the most since 2007. more
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