Updated April 17 at 6:17pm
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Global biotech firm Covidien PLC reported Friday that its net income rose five-tenths of a percent in its fiscal second quarter, totaling $441 million, or 97 cents per diluted share, compared with $439 million, or 92 cents per diluted share, during the same period a year earlier. more
The median price of Rhode Island single-family homes sold in March rose 8 percent compared with the same period last year, the Rhode Island Association of Realtors said Friday. more
The R.I. Coastal Resources Management Council will meet on Tuesday, May 13, to vote on whether to grant final approval to Deepwater Wind LLC’s proposed wind farm project. more
Orders for durable goods poured into American factories in March, setting up manufacturing as one of the central drivers of a rebound in economic growth during the second quarter. more
Rhode Island boasted the eighth-fastest average Internet connection speed in the United States during the fourth quarter of 2013, according to the “State of the Internet” report released Wednesday by cloud services firm Akamai Technologies Inc. more
Raytheon Co., the world’s largest missile maker, reported a 6.3 percent decline in first-quarter sales, reflecting a slowdown in the federal marketplace. The shares fell the most since November 2012. more
A biologist and theologian at Providence College has been awarded a major national health grant to support research of a gene linked to several human cancers. more
General Electric Co. is in talks to buy Alstom SA, the French builder of trains and power plants, people with knowledge of the matter said, in what would be GE’s biggest acquisition ever. more
Judges for this year’s Rhode Island Business Plan Competition have narrowed the field of competitors to seven who will compete as finalists in the 2014 contest. more
Forty-two Rhode Island restaurants, tourist attractions, historic sites, hotels and local businesses were named 2014 Editors’ Choice winners in the Yankee Magazine Special Travel Guide’s “Best of New England” section. Featured in the May/June edition of the travel guide, on newsstands April 29, the Editors’ Choice winners were selected by Yankee Magazine’s editors and contributors and include more than 300 establishments throughout the New England region. more
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