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Lardaro: 1Q ends on ‘positive’ note
The first quarter of 2013 ended on a “positive” note following a weakening start to the year, according to University of Rhode Island economist Leonard Lardaro’s Current Conditions Index, released Monday. more
Blount to spend $250K on fine, clean up over clean air violations
After claims that its Warren shipbuilding and ship repair facility had violated the federal Clean Air Act National Emissions Standards for Hazardous Air Pollutants for Shipbuilding and Ship Repair Facilities, Blount Boats Inc. has agreed to pay a $24,000 penalty and spend at least $230,000 on a clean air project. more
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
Court rules that state not required to pay Lead Industry’s court costs
Rhode Island Supreme Court ruled to uphold Judge Michael A. Silverstien’s decision on the court cases related to the state of Rhode Island and the Lead Industries Association Inc., stating that Rhode Island was not responsible for paying the association’s court fees, Attorney General Peter F. Kilmartin announced Friday. more
| 5/10/13
EPA to conduct ‘5-year review’ on local Superfund Sites
The U.S. Environmental Protection Agency is conducting a “five-year review” for 16 New England Superfund Sites, including two in Rhode Island – the Central Landfill in Johnston and Picillo Farm in Coventry. more
| 5/10/13
Towerstream loss widens in 1Q as revenue increases
Towerstream Corp. posted a $5.6 million, or 9 cents per share, net loss during the three months ended March 31, widening 28.4 percent from the $4.4 million, or 8 cents per share, loss reported for the first quarter 2012. 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
Nortek loss grows in 1Q on administrative expenses
Nortek Inc., the maker of residential and commercial building products, posted a net loss of $15.1 million, or 98 cents per diluted share, during the first quarter of 2013. 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
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
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