PBN Staff
U.S. initial jobless claims rose 5,000 to 417,000 last week
The number of U.S. workers
filing new claims for state unemployment benefits rose last week
as companies announced thousands of new job cuts amid a flagging
economic...
Massachusetts group to develop bioterrorism warning system
A Massachusetts group of
health-care organizations will develop a bioterrorism early
warning system using a U.S. Centers for Disease Control and
Prevention grant.
...
U.S. economy: manufacturing contracted in September
U.S. manufacturing
contracted in September for the first time in eight months, an
industry survey showed, as the economic recovery hobbled into the
final quarter of 2002.
...
Textron bolts must be replaced on 1,050 plane engines
Textron Inc. crankshaft
bolts must be replaced on 1,050 small plane engines, U.S. aviation
regulators said in ordering the fourth recall of the company's
Lycoming unit engines...
Citizens to buy Penn. bank for $450 million
Citizens Financial Group Inc.’s parent company, Royal Bank of Scotland Group Plc,
agreed to buy Commonwealth Bancorp Inc. for approximately $450
million in cash to expand...
Fidelity fires 1,695 employees; 5.4% of work force
Fidelity Investments will
fire 1,695 people after falling stock prices the past two and a
half years thinned assets under management at the biggest U.S.
mutual fund...
Cessna to lay off 400 employees as orders decline
Textron Inc.'s Cessna
unit plans to lay off 400 workers over the next month as the
aircraft maker tries to reduce expenses because of declining
orders for...
Zero for zero trade adds up
The National Association of Manufacturers has embarked on a new initiative aimed at reducing industrial tariffs. The focus of the initiative is expected to...
Container Port
The Providence Business News Executive Poll is a weekly
survey of 70 top business leaders throughout the state, representing small and...
Seacoast Financial completes third repurchase program
NEW BEDFORD – New Bedford-based Seacoast Financial Services Corporation, the holding company for CompassBank and Nantucket Bank, announced the completion of its third...
