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Regional consumer prices rise 1.1% in July
The Consumer Price Index was essentially unchanged in the Northeast over the last 12 months, rising 1.1 percent to 244.98, the U.S. Bureau of Labor Statistics reported Wednesday. more
| 8/15/12
Immigrant-owned U.S. companies said to generate $775B
Immigrant-owned businesses employ one in 10 U.S. workers in private companies and inject more than $775 billion of revenue into the U.S. economy, according to the Partnership for a New American Economy. more
Study: R.I. iPhone users are third clumsiest in U.S.
SquareTrade, the world’s largest independent warranty provider, ranked Rhode Island third clumsiest state regarding iPhone damages. more
| 8/15/12
Textron named a ‘top air polluter’
(Updated Fri, Aug. 17, 4:30 p.m. with comments from Textron) Textron Inc. – the Providence-based company that includes Bell Helicopter and Cessna Aircraft – was named the No. 2 corporate air polluter in America by researchers at the Political Economy Research Institute at the University of Massachusetts Amherst. more
| 8/15/12
Report: R.I. economic recovery is slowing
The Rhode Island Current Economic Indicator for the second quarter of 2012 grew 0.4 percent, indicating that the Ocean State’s economic growth has slowed significantly in the first half of 2012, according to a report by Bryant University and the Rhode Island Public Expenditure Council. more
| 8/15/12
EPA awards $200K to clean up N.B. location
The U.S. Environmental Protection Agency has awarded a $200,0000 brownfields cleanup grant to the city of New Bedford. more
| 8/14/12
U.S. stock futures fall as New York-area manufacturing shrinks
U.S. stock-index futures dropped, indicating the Standard & Poor’s 500 Index will fall for a third straight day, after a Federal Reserve report showed manufacturing in the New York area unexpectedly contracted. more
9 R.I. hospitals penalized for hospital re-admissions
Nine Rhode Island hospitals will be penalized by the government starting in October because many of their patients are re-admitted soon after discharge. The Rhode Island institutions will lose a total of $1.6 million in Medicare funds, with Rhode Island Hospital losing the most at $699,765. more
Aresco named Big East commissioner
The Big East Conference hired CBS Sports executive vice president of programming Mike Aresco as its commissioner, while it prepares for television contract talks. more
Summer Infant posts net loss in 2Q
Juvenile health, safety and wellness product maker Summer Infant Inc. posted a net loss of $424,000, or 2 cents per diluted share, for the three months ended June 30, compared to a $921,000, or 5 cents per diluted share, gain during the same period in 2011. more
| 8/14/12
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