Economic Activity
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U.S. stock futures rise on Fed support speculation, budget talks
U.S. stock futures rose, indicating the Standard & Poor’s 500 Index will extend a five-week high, amid speculation the Federal Reserve will expand stimulus measures and as lawmakers continued talks on the budget. more
CVS forecasts 2013 profit that tops analysts’ estimates
CVS Caremark Corp., the largest provider of prescription drugs in the U.S., forecast 2013 profit that topped analysts’ estimates as it benefits from new pharmacy customers. more
Seven schools to leave Big East
Seven non-Football Bowl Subdivision schools in the Big East – DePaul University, Georgetown University, Marquette University, Providence College, St. John’s University, Seton Hall University and Villanova University – have agreed to leave the conference, reported ESPN. more
| 12/14/12
Metcalf Institute to participate in Gulf oil spill conference
The Metcalf Institute for Marine & Environmental Reporting will host a science translation workshop at the first-ever joint private and federal conference focused on the Gulf of Mexico oil spill and ecosystem science. more
| 12/14/12
R.I., Mass. personal income grow 0.3% in 3Q
Personal income in Rhode Island and Massachusetts both grew 0.3 percent during the third quarter as growth slowed down to 0.5 percent across the United States, according to a new report from the U.S. Bureau of Economic Analysis. more
| 12/19/12
Quonset sets records in December
In the past two weeks, the Quonset Business Park set two records, one on land and the other at sea, according to a release from the Quonset Development Corporation. more
| 12/19/12
Newport preservation society lands $500K for fellowship program
The Preservation Society of Newport County has won a $500,000 challenge grant from the National Endowment for the Humanities to establish a fellowship program studying the city’s history. more
RIPEC: State rankings hurt by high cost of doing business
The high cost of doing business in Rhode Island has hurt the state in recent national rankings, according to a new report released Thursday by the Rhode Island Public Expenditure Council. more
| 12/20/12
Picerne signs $72M partnership deal with U.S. Army
Picerne Military Housing, a division of the Corvias Group, has closed a $72 million public-private partnership deal with the U.S. Army to build on-post barracks. more
| 12/18/12
Pagliarini named EDC chief of staff
Acting on recommendations from the Rhode Island Public Expenditure Council, John R. “J.R.” Pagliarini has been named the R.I. Economic Development Council’s inaugural chief of staff, Gov. Lincoln D. Chafee announced Tuesday. more
| 12/18/12
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