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Ted Nesi

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Providence in top third of iPad markets

Although the figure remains tiny, the Providence market area is in the top one-third nationwide for iPad concentration, according to the Web analytics firm...

Cranston native’s startup gets Series A

(Corrected, 11 a.m.) CRANSTON – DormNoise LLC, an interactive calendar system for college students developed by a Cranston native, said last week it has raised...
KOPIN posted a profit of $1.04 million in the three months ended March 27 compared with a profit of $1.92 million a year earlier. /

Sales up, profit down at Kopin in 1Q

TAUNTON – Display maker Kopin Corp. last week reported a double-digit increase in revenue but saw its profit fall because of higher expenses and...

Citizens’ new ad campaign pushes trust

PROVIDENCE – Citizens Financial Group Inc. on Tuesday unveiled a new multimillion-dollar advertising campaign that aims to brand the company as a responsible community...

Angus Davis’ new Swipely raises $7.5M

PROVIDENCE – Swipley Inc., a startup founded by local entrepreneur Angus Davis that lets shoppers share details of their purchases online, has closed on...
NEARLY 25 PERCENT of Rhode Island homeowners with a mortgage in March either owed more than their properties were worth or will if prices fall 5 percent. /

One in 5 mortgages in R.I. ‘underwater’

PROVIDENCE – One in five Rhode Island homeowners with a mortgage owed more than their properties were worth at the end of the first...
The average price of self-serve, unleaded regular gasoline in Rhode Island stood at $2.97 per gallon on Monday, according to AAA Southern New England. /

R.I. gas prices near $3; oil surges past $78

PROVIDENCE – Gasoline prices in Rhode Island have risen for the sixth week in a row but haven’t hit $3 a gallon yet, AAA...

Goldman Sachs gives Hasbro thumbs-up

PAWTUCKET – Goldman Sachs Group Inc. placed Hasbro Inc. on its “Conviction Buy” list last week, saying the local toymaker’s stock was set to...
THE CURRENT CONDITIONS INDEX rose to 58 in March for the first time since July 2007, up from 50 in February, URI economist Leonard Lardaro said Monday. /

Lardaro: R.I. was recovering until floods

SOUTH KINGSTOWN – Rhode Island’s economy was making progress toward a recovery before the historic flooding that hit the state in late March, University...

Floods take a bite out of R.I. tax revenue

PROVIDENCE – The state’s coffers are feeling the impact of the catastrophic flooding earlier this spring, as a delay in tax deadlines led to...
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