Economic Activity
914 results total, viewing 741 - 750
A partnership between three prominent local developers has reached an agreement to purchase the Newport Grand slots parlor, the group announced Monday. more
Gas prices rose a penny in Rhode Island and remained unchanged in Massachusetts this week, while the national average dropped for the first time in months, according to the weekly survey by AAA Southern New England. more
Service industries expanded in April at the fastest pace in eight months, a sign the biggest part of the U.S. economy will bolster growth this quarter. more
Rhode Island could develop an alliance between higher education and industry that may help expand manufacturing and engineering here, according to one set of academic researchers exploring areas ripe for transformation through economic policy. 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
A majority of financial executives in large and middle-market companies on the East Coast are optimistic about economic growth this year, according to a survey of 300 CFOs, comptrollers, treasurers and directors of finance done by TD Bank. more
The R.I. Board of Education endorsed legislation Monday night that would authorize leasing terms for redevelopment of the South Street Power Station into an academic and nursing-school complex, paving the way for what Gov. Lincoln D. Chafee called a “meds and eds” project that is “a natural for us.” more
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