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Kopin acquires majority stake in e-MDT America
Wearable-technology-maker Kopin Corp. has acquired a majority stake e-MDT America, an expert in low-power analog/digital circuit designs, Kopin announced Monday. more
| 5/6/13
Small-business optimism in U.S. climbs for third month in a row
Confidence among U.S. small businesses rose in February for a third month as more company leaders said they will invest in equipment and stockpiles. more
R.I. foreclosure inventory falls slightly in March
The foreclosure inventory in Rhode Island dropped slightly from March 2012 to March 2013 to 3.1 percent, CoreLogic reported Tuesday. This means that 3.1 percent of all homes with a mortgage in Rhode Island were in one aspect of the foreclosure process. more
| 4/30/13
Exports from Ocean State fall in February
Exports from the Ocean State fell 15.4 percent in February to $192.9 million on a month-to-month, seasonally adjusted basis after rising 19.3 percent in January, according to an international trade statistics report from e-forecasting.com. more
| 4/18/13
Founders Leagues steps up recruitment efforts for members
The Founders League, a group connecting Rhode Island’s start-up community by offering space and programming for entrepreneurs, has announced that its six-month launch phase has ended, and that 100 new memberships are now available. more
The Moore Co.’s Fulflex hit with $200K EPA fine
Fulflex Inc., which is owned by The Moore Co., a Providence-based elastics and plastics company, will pay almost $200,000 to the U.S. Environmental Protection Agency for Clean Air Act violations at its Brattleboro, Vt.-based facility. more
| 5/6/13
Housing crash fades as defaults decline to 2007 level
Six years after the start of the foreclosure crisis, American homeowners are paying their mortgages like the housing crash never happened. more
Orders for U.S. durable goods decline by most since August
Orders for U.S. durable goods fell in March by the most in seven months as demand slumped for commercial aircraft and business investment cooled. more
RBS chairman signals further job cuts, branch closures to come
Royal Bank of Scotland Group PLC, the recipient of the biggest banking bailout in the world, will eliminate more jobs and close additional branches before its restructuring is complete, Chairman Philip Hampton said. more
Sales of U.S. existing homes probably climbed for 3rd month
Sales of previously owned U.S. homes probably rose in March for a third month to reach the highest level since late 2009, further evidence of an improving real-estate market, economists said before a report today. more
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