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Rhode Island’s manufacturing industry received poor marks relative to others in the U.S. in the 2014 Manufacturing and Logistics Report released on June 11 by Ball State University’s Center for Business and Economic Research. more
Lending to Russian companies reached a crescendo last year, with international banks pledging $31 billion to OAO Rosneft to buy TNK-BP. As sanctions are tightened against the nation, however, even the smallest deals have dried up. more
Gasoline prices declined 4 cents in Rhode Island and 2 cents in Massachusetts this week, the third consecutive week of lower prices in both states, according to the weekly survey by AAA Southern New England. more
Mayor Angel Taveras has signed an amendment to Providence’s zoning ordinance designed to block mixed-use development along the Allens Avenue waterfront and protect industrial uses there. more
Three Rhode Island waterfront restaurants have been named among the top 100 scenic view restaurants in the country, based on more than 5 million restaurant reviews submitted as part of the OpenTable 2014 Diners’ Choice Awards. more
In a case brought before U.S. District Court, Foxwoods Resort Casino has refused to pay three customers who claim the casino owes them nearly $1.2 million in winnings plus damages, The Day reported Monday. more
Citizens Financial Group Inc. on Monday announced the appointment of LPL Financial Chairman and CEO Mark Casady and Royal Bank of Scotland Group non-executive director Robert Gillespie to its board of directors. more
Rhode Island has one of the best processes in the country for predicting how much revenue the state will bring in, making it more likely that the state will have a reliable estimate on which to build its budget, according to a report released Friday by the Center on Budget and Policy Priorities. more
The price of gasoline fell 2 cents in Rhode Island this week and 6 cents in Massachusetts, mirroring a national downward trend despite high-profile conflicts in overseas oil-producing countries and declining domestic refinery production, according to the weekly survey by AAA Southern New England. more
CVS/pharmacy this week celebrated the grand opening of a new location in Renton, Wash., the retail pharmacy chain’s first store in the state of Washington and an entry point into the Seattle market. more
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