Updated March 3 at 2:03pm
Local News
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Approximately 1,900 FM Global clients who renew their policies between June 30, 2014, and June 29 next year will be eligible to receive a share of an estimated total of $465 million in premium reductions, the commercial property insurer announced Tuesday. more
Bell Helicopter, a subsidiary of Providence-based manufacturer Textron Inc., will lay off 325 workers due to the continued decline in defense contracts, the Fort Worth Star-Telegram reported Monday. more
The biggest gain in U.S. exports in nine months helped narrow the trade deficit in March, pointing to a revival of global demand that will help the world’s largest economy strengthen. more
A miniature park near the Brown Bookstore on Thayer Street and wider sidewalks are among the improvements slated for the area over the next six months, according to the city, Brown University and two neighborhood management groups. more
The Providence-Warwick metro area saw single-family home prices increase 9 percent in March compared with the same month last year, according to the CoreLogic Home Price Index report released Tuesday. more
Nortek Inc., maker of home and office security solutions, ventilation and air management products, and heating and cooling systems, posted a first-quarter net loss of $8.6 million, or 55 cents per diluted share, a reduction from the loss of $15.1 million, or 98 cent per diluted share, reported for the same period last year. more
The Interstate 195 Redevelopment District Commission has loosened its confidentiality policy and will now identify all proposals for the former highway land, not just winning bids, the commission announced Monday. more
The first of six planned RhodeMap RI open house events will be held Monday at the Southside Cultural Center to offer Rhode Islanders an opportunity to learn about policies and strategies proposed under the initiative and to provide feedback. more
Service industries expanded in April at the fastest pace in eight months, a sign the biggest part of the U.S. economy will bolster growth this quarter. more
Gas prices rose a penny in Rhode Island and remained unchanged in Massachusetts this week, while the national average dropped for the first time in months, according to the weekly survey by AAA Southern New England. more
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