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Postal Service must halt Saturday delivery cut, board says
The U.S. Postal Service doesn’t have the legal authority to end Saturday mail delivery without authorization from Congress and must halt plans to take that step in August, its board said. more
Sensata profits fall 11% in 1Q
Sensata Technologies Holding N.V. reported a bottom line of $34.7 million, or 19 cents per diluted share, for the first quarter of 2013, a 10.9 percent decline from the $38.9 million, or 21 cents per diluted share, reported during the first quarter of 2012. more
| 4/23/13
Capital Properties 1Q profit drops
Capital Properties Inc. reported a 33.5 percent drop in profit to $340,000, or 5 cents per share, during the first quarter of 2013 compared with earnings of $511,000, or 8 cents per share, during 2012. more
| 4/25/13
Housing starts in U.S. surge on demand for multifamily units
New-home construction in the U.S. jumped more than forecast in March as multifamily projects climbed to the highest level in more than seven years. more
BofA, Citizens ‘about average,’ say J.D. Power and Associates
On J.D. Power and Associates 2013 retail banking ratings for New England, both Bank of America and Citizens Bank ranked “about average” across the board, while Sovereign Bank was labeled as “the rest,” the lowest available score. more
| 4/18/13
3 Brown professors elected into AAAS
Three Brown University Professors – David Cane, Rose McDermott and Walter Strauss – have been elected to the American Academy of Arts and Sciences, the school announced Wednesday. more
Rhody Fresh lands $150K federal grant
Rhode Island Dairy Farms Cooperative, the cooperative that produces Rhody Fresh Milk, landed a $150,000 federal grant to help upgrade its production facilities, reported the Associated Press. more
| 5/6/13
Initial jobless claims in U.S. rise less than forecast
Fewer Americans than forecast filed first-time claims for unemployment insurance last week, a signal the U.S. labor market is maintaining its recent progress, as applications for jobless benefits increased by 2,000 to 336,000 in the week ended March 16. more
CVS launches new product line, releases CSR report
CVS Caremark Corp.’s CVS/pharmacy division announced the official launch of “Total Home,” a home care product line that includes more than 150 different items. more
| 5/9/13
Foreclosure, delinquency rates drop in Providence Metro in February
The Providence-Fall River-New Bedford area foreclosure rate fell 0.14 percentage points for February compared to the same period in 2012, CoreLogic said Friday. more
| 4/26/13
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