Economic Activity
935 results total, viewing 511 - 520
Staples Inc., the largest U.S. office-supplies chain, will close as many as 12 percent of its North American stores and cut as much as $500 million in costs as online competition continues to hurt sales. The shares fell. more
About 90 percent of Rhode Island business leaders think the U.S. economy will improve in the next 12 months, based on a survey taken by about 350 attendees at the Santander Bank and Greater Providence Chamber of Commerce Economic Outlook Breakfast at the Omni Hotel on Thursday. more
Despite severe winter weather during the first months of 2014 that put pressure on New England business owners in several industries, the overall economic outlook remains cautiously optimistic, according to the Federal Reserve Board’s Beige Book released Wednesday. more
Paolino Properties has acquired the former Cherry & Webb department store building at 275 Westminster St. downtown, the Providence real estate firm announced Thursday. more
Fewer Americans than projected filed applications for unemployment benefits last week, an indication companies are holding on to staff even as cold weather threatens to slow the world’s largest economy. more
Companies added fewer workers than projected in February, a sign that U.S. employers were waiting for a pickup in demand before boosting headcount, a private report based on payrolls showed today. more
City planners Tuesday night unveiled a first-draft rewrite of the Providence zoning code intended to modernize and clarify local land-use rules while encouraging some new urban development. more
Central Falls has the highest percentage of mortgages in negative equity of all 39 cities and towns in Rhode Island, while Little Compton claims the lowest percentage, according to data compiled by Zillow.com. more
Citigroup Inc. and JPMorgan Chase & Co. are bracing investors for a fourth consecutive drop in first-quarter trading, a period of the year when the largest investment banks typically earn the most from that business. more
Rhode Island placed No. 10 in a study that ranked the 10 U.S. states with the highest percentage of top-rated 401(k) retirement plans. more
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