Susan A. Baird
September passenger count shrinks at T.F. Green
WARWICK – Passenger traffic at T.F. Green Airport (PVD) last month lagged year-ago levels for the fifth consecutive month, although the gap narrowed slightly...
Mood of consumers plunges with stock markets
ANN ARBOR, Mich. – The mood of U.S. consumers plunged this month, in its sharpest decline ever recorded, according to the latest data from...
N.E. housing starts fall but permits rise
WASHINGTON – New housing starts fell sharply last month in the Northeast, although new permits for future construction rose compared with August, according to...
Textron to pare costs, halt buyback<br> as 3Q profit falls 19.2%
PROVIDENCE – Textron Inc. (NYSE: TXT) today announced cost-cutting measures that will include a downsizing of its ailing Textron Financial Corp. The news came...
Southern Union guilty of mercury-storage charge
PROVIDENCE – Southern Union Co., the Houston-based owner of New England Gas Co. and former owner of Providence Gas Co., today was found guilty...
Retail sales fall 1.2% as worries rise
WASHINGTON – U.S. retail and food service sales last month fell to $375.5 billion, in their sharpest month-over-month decline since August 2005, the U.S....
Fitch downgrades ratings for $1.5B in R.I. debt
NEW YORK – Fitch Ratings Ltd. has pared its credit ratings for $1.5 billion in bonds issued by the State of Rhode Island...
Home-loan applications rose 5.1% last week
WASHINGTON – Residential mortgage applications nationwide rose as lower interest rates helped boost refinancing activity, the Mortgage Bankers Association said today in its report...
Producer prices fall 0.4% in September
WASHINGTON – Wholesale prices for finished goods fell in September on lower fuel costs, in their second consecutive month-over-month decline, but continued to rise...
R.I. economy drops back to ‘nightmare’ low
KINGSTON – “Rhode Island’s year from hell” continued in August, as the state economy slumped back to “nightmare” low matched only by this June,...
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