Economic Activity
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Artists to get financial training
The R.I. State Council on the Arts and The Rhode Island Foundation have announced a collaborative “Assets for Artists” financial training and micro-financial opportunity program in partnership with the Massachusetts Museum of Contemporary Art, the International Institute of New England and other partners. more
R.I. one of states hardest hit by recession, says Fed’s Rosengren
Rhode Island was one of the states hardest hit by the recession and continues to be one of the slowest to recover, Federal Reserve Bank of Boston President Eric Rosengren said Tuesday at a meeting of the Greater Providence Chamber of Commerce. more
Leading economic indicators stagnate in July
An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com held steady at 120.3 in July. more
| 9/7/12
Record exports boost U.S. growth as trade gap narrows
Exports from the U.S. climbed to a record in September, contributing to an unexpected decline in the trade deficit that gave the world’s largest economy a boost at the end of the third quarter. more
Carpionato plans parking lot for Fruit & Produce Warehouse land
Carpionato Group wants to turn the former Providence Fruit & Produce Warehouse property on Harris Avenue into a surface parking lot, according to an application with city officials. more
U.S. stock futures drop as GE, Microsoft results disappoint
U.S. stock futures fell, indicating the benchmark Standard & Poor’s 500 Index will trim its biggest weekly advance in more than a month, as Microsoft Corp. and General Electric Co. posted sales that missed estimates and euro-area leaders agreed on a banking regulation timetable. more
Hasbro named among ‘most ethical companies’ for 2nd consecutive year
Toy and game-maker Hasbro Inc. earned the title as one of The Ethisphere Institute’s “World’s Most Ethical Companies” for the second consecutive year, Hasbro announced Wednesday. more
| 3/13/13
Hasbro profit drops in 4Q, 2012
Profit for Hasbro Inc. fell 6.4 percent to $130.3 million, or 99 cents per diluted share, in the fourth quarter of 2012 and 12.8 percent to $336 million, or $2.55 per diluted share, for 2012 as a whole, the company announced after markets closed Thursday. more
| 2/8/13
Owner of Yankee Candle prepares to sell
The Yankee Candle Co., the largest producer of scented candles in the United States, is currently in the preliminary stages of sale by owner Madison Dearborn Partners, the Reuters News Agency reported Monday. more
| 3/12/13
Hasbro reboots Furby toy for an iPad-obsessed generation
In early 2011, Hasbro Inc. CEO Brian Goldner convened a team of designers, engineers and marketers to figure out the Next Big Toy. more
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