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Cheryl Merchant, president and CEO of Hope Global, the Cumberland-based manufacturer of woven, braided and knitted narrow fabrics for industrial and specialty textile applications, has been named the winner in the Leadership & Strategy category of Providence Business News’ first Manufacturing Awards program. more
The Rhode Island Business Competition has announced the 10-member judging panel for its 2014 contest, which will award prizes valued at more than $200,000 when the winners are named in May. more
Despite last-minute relief from a March 31 deadline for Americans signing up for health insurance through the federal health benefits exchange, Rhode Islanders hoping to obtain health insurance through the Ocean State’s exchange have to complete their application and pick a plan by 11:59 p.m. on March 31. more
Nortek Inc. posted a loss of $8.3 million for 2013, compared with profit of $9.5 million a year earlier. The maker of home and office security solutions, ventilation and air management products, and heating and cooling systems embarked on a dual-focused investment strategy to improve its supply chain operations while growing its top line. more
Astro-Med Inc., maker of specialty printers and data-acquisition systems, posted full-year fiscal 2014 net income of $3.2 million, or 42 cents per diluted share, a decline of 70.2 percent compared with fiscal 2013 reported net income of $10.8 million, or $1.44 per diluted share. more
As many as 89,300 Rhode Islanders could be affected by an increase of the federal minimum wage to $10.10 an hour from the current $7.25 an hour, according to a fact sheet released by the White House on Wednesday. more
Massachusetts single-family home sales fell 4.1 percent in February compared with the same month a year earlier, the third decline in sales in the last four months, according to a report released Wednesday by The Warren Group. more
Cape Wind and the Bank of Tokyo-Mitsubishi UFJ Ltd. have brought on Natixis and Rabobank to lead senior debt financing and contribute more than $1 billion to the wind farm project, the renewable energy developer announced Wednesday. more
Job openings in the U.S. increased less than expected in January, a sign labor market cooling from late 2013 persisted as severe winter weather hammered the eastern and mid-western U.S. more
Towerstream Corp. saw its net loss widen 18 percent in 2013 to $24.8 million, or 38 cents per share, compared with the $21 million, or 39 cents per share, loss reported for 2012. more
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