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Textron sees jet market gain with fewer used planes put on sale
Textron Inc.’s Cessna Aircraft and other business-jet makers stand to benefit as the supply of secondhand small planes on sale returns to normal levels, Chief Executive Officer Scott Donnelly said. more
Wampanoag casino deal most lucrative in U.S.
The 21.5 percent share of revenue Massachusetts will earn from a casino built by the Mashpee Wampanoag Tribe is the most any state has ever negotiated with an American Indian Tribe, according analyst Clyde Barrow. more
| 7/12/12
Underwater mortgages drop 3.4% in 1Q
The number of underwater homes in the Providence-Fall River-New Bedford area dropped 3.4 percent in the first quarter of 2012 from the fourth quarter of last year, CoreLogic said Thursday. more
Foreclosure filings fall 22% in Providence metro
Year over year, foreclosure filings in the Providence-Fall River-New Bedford area fell 22 percent in the first half of 2012 - and 32 percent in June - compared with the same periods in 2011, RealtyTrac said Thursday. more
Exporters to gain from Russian trade legislation
Rhode Island exporters stand to gain from a growing Russian market, according to Business Roundtable. more
| 7/12/12
Stock-index futures decline on concern over global economy
U.S. stock futures dropped, indicating the Standard & Poor’s 500 Index will fall for a sixth day, amid concern the global economy is weakening. more
Woonsocket lands $50K NEA grant
The National Endowment for the Arts is awarding a $50,000 “Our Town” grant to Woonsocket to help boost the city’s Main Street and Arts District and bolster economic development and education through the arts, U.S. Sen. Jack Reed announced late Wednesday. more
Taveras, Chafee open PPAC Square
Mayor Angel Taveras and Governor Lincoln Chafee took part in the opening ceremony of the Providence Performance Arts Center Square early Wednesday. more
Supporters meet to defend against ACE closure
Over 150 supporters of the Academy for Career Exploration met at the school Tuesday night to discuss how best to defend their school from potential closure recommended by the R.I. Department of Education. more
OHIC proposes new conditions for decision on 2012 rate requests
R.I. Health Insurance Commissioner Christopher F. Koller issued a notice of new proposed conditions relating to the rate factor decision for the 2012 rate requests by Rhode Island’s commercial health insurers. more
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