Updated January 30 at 7:30pm
Manufacturing
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An index of Rhode Island’s leading economic indicators increased 0.6 percent in August over July to 128.3. more
Bill Huling, director of New England operations for Sims Metal Management, stepped back as another dump truck banged off the roll-on scales, reversed up to a three-story mound of broken metal chunks and, with the crash of a building collapse, dropped several additional tons at its foot. more
It has been a tumultuous year for Cranston-based jewelry maker Alex and Ani and its founder, Carolyn Rafaelian. more
The unemployment rate dropped to 7.4 percent in October, declining two percentage points compared with the year prior, according to the R.I. Department of Labor and Training. more
WalletHub, the personal finance social network, released a study looking at the rates at which S&P 100 companies are taxed at the state, federal and international levels. more
The unemployment rate for Rhode Island for September remained unchanged at 7.6 percent compared with August, according to data released Thursday by the R.I. Department of Labor and Training. more
Economic growth continued in the third quarter, but the pace was not as fast, according to the Rhode Island Current Economic Indicator, which showed growth at 2.3 percent in the third quarter, compared with 3 percent in the second quarter, according to the Rhode Island Current Economic Indicator briefing released Monday. more
Aspen Aerogels Inc., a nanotechnology firm that designs and manufactures energy-efficient insulation products, has reported a second-quarter net loss of $42.2 million, more than doubling the net loss of $19 million posted for the same period last year. more
WESTBOROUGH, Mass. – Boston-Power Inc., a closely held maker of lithium-ion batteries, received $290 million in financial support from local governments in China to expand factories there, Bloomberg News reported. more
Alex and Ani LLC has opened a new 100,000-square-foot distribution center at 10 Briggs Drive in East Greenwich. more
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