Energy
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The Consumer Price Index in the Northeast rose 1.5 percent on a non-seasonally adjusted basis during the 12 months ended in March, matching the increase in the national index during the same time period, according to a report from the U.S. Bureau of Labor Statistics. more
Gasoline prices rose a penny in Rhode Island and Massachusetts this week, but prices in both states were lower than the national average for the first time in 10 months, according to the weekly survey by AAA Southern New England. more
BOSTON – Massachusetts’ highest court has heard arguments from three major utilities seeking to overturn record penalties stemming from their response to two major storms in 2011, The Associated Press reported last week. more
After dropping last week for the first time since early February, gasoline prices held steady this week in Rhode Island and rose in Massachusetts, according to the weekly survey by AAA Southern New England. more
Capital Properties Inc.’s full-year 2013 net income totaled $711,000, or 11 cents per share, a decline of 64.7 percent compared with net income of $2 million, or 31 cents per share, reported for 2012. more
Gasoline prices remain dropped a penny in Rhode Island and Massachusetts this week, the first time since early February that average prices in both states showed declines, according to the weekly survey by AAA Southern New England. more
Gasoline prices remain unchanged this week in Rhode Island, while prices increased 1 cent in Massachusetts, according to the weekly survey by AAA Southern New England. more
Hasbro Inc. once again was named to The Ethisphere Institute’s list of the “World’s Most Ethical Companies,” the third year in a row that the toy maker and entertainment producer has been recognized for business practices that embody the institute’s motto, “Good. Smart. Business. Profit.” more
BOSTON – Shell Oil Co. will pay $4 million to resolve allegations that it received reimbursement payments from a Massachusetts state fund for environmental-cleanup projects despite receiving payments from its insurers for the same gas station sites, announced Attorney General Martha Coakley. more
Joe Tomlinson’s start as an environmental entrepreneur came with organic apparel, first T-shirts, then founding the Revel Seven company and into developing a denim-finishing process that didn’t involve caustic salts. But when the economy faded a few years ago, he decided the future was in renewable energy. So Tomlinson joined forces with old Aquidneck Island contacts at rTerra, the Middletown solar developer in the process of building out solar farms in the Ocean State. more
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