Updated October 28 at 4:28pm
Economic Activity
1523 results total, viewing 11 - 20
New Media Investment Group Inc. recorded a 54.2 percent drop in net income and 1.7 percent decline in revenue, and also announced additional newspaper acquisitions in its third quarter earnings report released Thursday. more
Rhode Island’s $7.7 billion pension fund terminated investments in seven hedge funds, including Brevan Howard Asset Management and Och-Ziff Capital Management Group LLC, after voting last month to cut its allocation in half over two years. more
Orders for U.S. business equipment fell in September by the most in seven months, indicating corporate investment is having trouble gaining traction. more
Filings for U.S. jobless benefits fell for the first time in three weeks, staying near a four-decade low as employers remain unwilling to part with workers. more
Residential Properties Ltd. recently announced the sale of a historic property at 11 Nyatt Road, the former Narragansett Brick Co. house. The $1.95 million sale closed on Sept. 30. more
Desa DeVore Buffum is a broker associate with Mott & Chace Sotheby’s International Realty in Westerly, who recently was the buyer’s agent for a $3.8 million sale in Watch Hill. more
Rhode Island fell five spots to 42nd in Conning’s semi-annual “State of the States” municipal credit report, which ranks states according to credit health. more
Schneider Electric and Deepwater Wind were honored for their leadership and contributions to the region’s clean energy economy at the Northeast Clean Energy Council and NECEC Institute’s ninth annual “Green Tie Gala” awards Tuesday night. more
The effort to expand gas pipeline capacity in the region hit yet another roadblock on Tuesday when Connecticut energy regulators canceled several proposals related to the project. more
Increased casino competition in New England, especially from Massachusetts, will present challenges for Rhode Island’s gambling industry and the state revenue it generates, according to a new study from The College and University Research Collaborative. more
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