Economic Activity
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Condo plans for former Mansfield chocolate factory halted
Plans to turn a former chocolate factory in Mansfield into condominiums have been halted after local voters Tuesday rejected an article that would have rezoned the building for residential use, reported Attleboro’s Sun Chronicle. more
| 5/10/13
PBN recognizes R.I.’s Best Places To Work in 2013 awards program
Providence Business News has announced the awardees of the Best Places To Work competition, which recognizes companies – large and small – based on surveys of employees and management reports. more
| 5/10/13
U.S. stocks little changed as investors weigh pace of stimulus
U.S. stocks were little changed, with the Standard & Poor’s 500 Index poised for a third straight week of gains, as investors weighed the pace of central bank stimulus amid a meeting of finance ministers. more
Five Questions With: Karen Jessup
Providence Preservation Society interim director talks about the 34th annual Festival of Historic Houses fundraiser. more
R.I. ranks No. 37 on best states for businesses list
Rhode Island earned the No. 37 slot on Chief Executive Magazine’s list of the “2013 Best & Worst States for Businesses,” moving two spots up from its 2012 ranking. more
| 5/9/13
F-35 program to benefit R.I. economy, say Lockheed officials
Officials from Lockheed Martin, the manufacturer of the F-35 Lightning II, stopped by the R.I. Department of Administration Thursday afternoon to discuss the need for the fifth-generation fighter aircraft and how its manufacture will benefit Rhode Island’s economy. more
CVS launches new product line, releases CSR report
CVS Caremark Corp.’s CVS/pharmacy division announced the official launch of “Total Home,” a home care product line that includes more than 150 different items. more
| 5/9/13
Foreclosures fall in Prov. metro in April, but more to come in R.I.
April foreclosure starts in the Providence-Fall River-New Bedford metropolitan area dropped 7.8 percent, and completed foreclosures fell 32.5 percent compared with the same period last year, according to RealtyTrac’s latest report. more
| 5/9/13
Lin TV profits fall as operating expenses climb
Lin TV Corp. saw its bottom line drop even as revenue rose 36.6 percent during the first quarter of 2013, the company reported Thursday. The decrease came about thanks to an increase in operating expenses as well as a more than doubling of depreciation and amortization expense recognized in the period. more
| 5/9/13
U.S. stock futures little changed after Dow average tops 15,000
U.S. stock futures were little changed, after the Dow Jones Industrial Average climbed above 15,000 for the first time yesterday, as investors awaited earnings from News Corp. and Monster Beverage Corp. more
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