Updated March 5 at 6:05pm
Manufacturing
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An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com rose slightly in April to 125.1 from 124.9 in March, ending two months of declines in the state’s economic indicator index. more
On the 2014 Fortune 500 list of the largest U.S. corporations, released last week, CVS Caremark Corp. inched upward to No. 12 from No. 13 on the 2013 list. Also making the Fortune 500 again were Textron Inc. (No. 228) and United Natural Foods Inc. (No. 427). more
The U.S. Department of Labor’s Employment and Training Administration has awarded a $2.5 million grant for advanced manufacturing initiatives to the Community College of Rhode Island. more
Attorney General Peter F. Kilmartin announced Wednesday that Rhode Island will receive $1.2 million as its share of a multistate settlement with GlaxoSmithKline LLC to resolve allegations that the company violated state consumer protection laws by misrepresenting its asthma drug Advair and antidepressant drugs Paxil and Wellbutrin. more
General Motors Co., Ford Motor Co., Chrysler Group LLC and Nissan Motor Co. all reported U.S. sales that exceeded analysts’ estimates in May. GM and Chrysler said industrywide sales were stronger than projected. more
Editor’s note: This is the second in a series of articles focused on the 2014 gubernatorial candidates and their plans for economic development. more
When Nicki C. Maher first met with Carolyn Rafaelian, founder and creative director (and currently interim CEO) of ecofriendly lifestyle brand Alex and Ani LLC back in the spring 2010, the two spent time swapping personal views on philanthropy life in general. more
South Korea’s military is buying one of the top anti-armor weapons developed by the Pentagon, a Textron Inc. system designed to destroy tanks and vehicles. more
Exports from Rhode Island climbed 10.5 percent in March compared with the previous month, ending three consecutive months of export declines, according to an e-forecasting.com report released May 27. more
The economy in the U.S. contracted for the first time in three years from January through March as companies added to inventories at a slower pace and curtailed investment. more
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