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U.S. stocks advanced, after the Nasdaq Composite Index climbed to a 14-year high Monday, as retailers rallied on better-than-projected earnings while data showed inflation pressures remain limited and housing starts jumped. more
The Lifespan nonprofit health care system generated total operating revenue of $1.7 billion in 2013, with total operating expenses of $1.72 billion and net income of $17 million, according to Lifespan’s annual financial statement. more
Home construction rebounded in July and the cost of living rose at a slower pace, showing a strengthening U.S. economy has yet to generate a sustained pickup in inflation. more
Construction companies in Rhode Island added 700 construction jobs in July compared with the same month last year, an increase of 4.3 percent that ranked the state 20th in the country for highest percentage of construction jobs gained year over year, the Associated General Contractors of America reported Monday. more
New president of New England Construction talks about his vision for the company. more
PSMJ Resources Inc., a management consulting firm for the architect, engineer and contracting industries, has selected Wright-Pierce to receive a 2014 Circle of Excellence award, the ninth consecutive year the environmental engineering firm has received the designation. more
New England Institute of Technology has added high-tech industry systems to its engineering department equipment inventory to provide improved hands-on training to students in the college’s civil engineering and mechanical engineering technologies programs. more
Entrepreneurs are invited to apply to present at the annual “Piranha Pond” event hosted by the Southern New England Entrepreneurs Forum, to be held Thursday, Sept. 11, at the Advanced Technology and Manufacturing Center in Fall River. The deadline for applications is Sept. 1. more
Tech Collective, Rhode Island’s IT and bioscience industry association, is calling for employers to host and/or hire IT candidates participating in the organization’s “IT On Demand” training program in the areas of software development, C-sharp and visual studio. more
Foreclosures in the Providence-Warwick metro area represented 1.78 percent of all mortgages for the month of June, compared with 2.35 percent for the same month last year, according to data released Wednesday by CoreLogic. more
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