Economic Activity
1088 results total, viewing 721 - 730
Plumbing equipment manufacturer Quick Fitting Inc. has secured approval from U.S. immigration officials to broker investments in Rhode Island manufacturers from foreign nationals seeking permanent residency in the United States, the company said Monday. more
Nortek Inc., a maker of home and office security solutions, ventilation and air management products, and heating and cooling systems, posted increases in sales and profit in the third quarter, thanks in part to the acquisition of an HVAC business. more
Rhode Island’s financial profile has improved following the economic downturn, but weak economic and demographic trends, paired with large combined debt and pension liabilities, remain sources of credit pressure, according to Moody’s Investor Service. more
Hanukkah, the eight-night Jewish holiday that starts this evening, is beginning to look a lot like Christmas. more
McDonald’s Corp., facing its worst U.S. sales slump in more than a decade, is turning to customized menu items in a bid to lure more millennials and shake off its reputation for selling outdated fast food. more
Gasoline prices are at the lowest they have been since December 2010 in Rhode Island and Massachusetts, according to AAA Southern New England’s weekly survey of gasoline prices. more
Approximately 36.1 million Americans will travel from home during Memorial Day weekend, an increase of 1.5 percent over last year’s 35.5 million travelers, AAA Southern New England estimates. more
The city has reached an agreement with the developer of the proposed South Street Landing project on three property tax stabilization deals that would generate $9.9 million in tax revenue over 15 years, Mayor Angel Taveras said Thursday. more
(Updated, 3:07 p.m.) The Rhode Island Foundation reported net assets of $734.4 million at the end of 2013, increasing by $101.6 million, or 16 percent, the $632.8 million reported the previous year, according to the organization’s 2013 annual report. Since 1993, the organization has seen its total assets increase more than 300 percent, from $197 million. more
A study conducted by the Tax Foundation found that Rhode Island collected $966 in state and local income tax collections per person in 2011, ranking the state No. 17 in the country for highest per-capita combined collections. more
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