Updated December 9 at 12:28am
Local News
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Rob Britton, who spent two decades with American Airlines Group Inc., is unapologetic in defending the profits his former employer and other U.S. carriers are making. Sure, fuel’s cheap, but what company cuts prices as soon as its costs shrink? more
Textron Inc.’s profit rose in the fourth quarter and in 2015, while revenue slipped during the same periods, the company reported on Wednesday. more
Despite a drop in fourth-quarter net income, Washington Trust Bancorp Inc. reported record-breaking 2015 profit totaling $43.5 million, or $2.54 per diluted share, which is a 6.5 percent increase compared with 2014’s results. more
There were 34 applicants, but 11 companies will receive state innovation vouchers allowing them to partner with a local university, research center or medical center for research and development assistance with a specific project. more
Brown University is launching an interdisciplinary center for entrepreneurship with a $25 million gift from alumnus Jonathan M. Nelson, founder and CEO of Providence Equity Partners. more
Consumer confidence improved in January to a three-month high as Americans grew more upbeat about the prospects for the economy, labor market and their incomes. more
Providence has the friendliest local businesses in the country. more
To buy a home and live comfortably in Providence, one needs a salary of at least $55,661, according to finder.com. more
The Providence Athenaeum is one of the world’s most beautiful libraries, according to Conde Nast Traveler. more
Rhode Island ranked 47th in the nation for its lack of construction job growth over the year in December, according to the Associated General Contractors, which released data Tuesday. more
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