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Manufacturing in the U.S. probably stagnated in July after contracting for the first time in three years, economists said before a report today.
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By Lorraine Woellert
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Following a drop of 1.9 percent in June, an index of America’s leading economic indicators gained 1 percent in July.
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By PBN Staff
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Bridging the gap between cutting edge research and new commercial applications is central to America’s future in advanced manufacturing, the director of a new federal manufacturing initiative told industry and government leaders gathered at the Rhode Island School of Design on Tuesday morning.
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By Patrick Anderson |
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General Motors Ventures LLC has invested in The NanoSteel Co., a maker of nano-structured steel materials design, the company announced Monday.
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By Emily Greenhalgh |
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Productivity in the United States increased 1.67 percent and unit labor costs rose 1.7 percent in the nonfarm business sector during the second quarter of 2012, reported the U.S. Bureau of Labor Statistics.
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By PBN Staff
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Recently, a press release by the governor’s office, which was based on calculations by the R.I. Department of Labor and Training, stated that employment here is not doing as badly as had previously been thought. Instead of employment continuing to decline on a year-over-year basis, as the “official” DLT data have been indicating for quite some time now, we were informed that employment here has actually been rising for some time.
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Guest Column: Leonard Lardaro
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8/13/12
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Nortek Inc. reported net income of $18.5 million, or $1.19 per diluted share, during the second quarter of 2012, compared with a net loss of $31.9 million, or $2.11 per diluted share a year earlier, the company announced late Thursday.
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By PBN Staff
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U.S. stock-index futures dropped, indicating the Standard & Poor’s 500 Index will fall for a third straight day, after a Federal Reserve report showed manufacturing in the New York area unexpectedly contracted.
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By Namitha Jagadeesh and Lu Wang |
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Even a dead business can have value. In fact, sometimes the age and obsolescence of an enterprise, the fact that it didn’t evolve into the next big thing, makes it worth something.
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By Patrick Anderson |
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(Updated Fri, Aug. 17, 4:30 p.m. with comments from Textron)
Textron Inc. – the Providence-based company that includes Bell Helicopter and Cessna Aircraft – was named the No. 2 corporate air polluter in America by researchers at the Political Economy Research Institute at the University of Massachusetts Amherst.
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By PBN Staff
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