Rite-Solutions awarded $60.7M, 5-year naval contract
MIDDLETOWN – Rite-Solutions Inc., an engineering and information technology company, has been awarded a $60.7 million, five-year contract to support the Naval Undersea Warfare Center’s...
Crafts retailer Joann files for Chapter 11 bankruptcy protection
NEW YORK (AP) – Fabric and crafts retailer Joann has filed for Chapter 11 bankruptcy protection, as consumers continue to cut back on discretionary spending.
In...
Federal Reserve is likely to preach patience as consumers, markets look...
WASHINGTON (AP) – Across the United States, many people are eagerly anticipating the Federal Reserve's first cut to its benchmark interest rate this year: Prospective...
URI Research Foundation’s Rumsey, CIC’s Messier among PBN’s 2024 C-Suite Awards...
PROVIDENCE – Peter Rumsey, chief business development officer for the University of Rhode Island Research Foundation, has been named the 2024 Career Achiever for...
Regional labor, energy leaders call for union-powered offshore wind advancements
PROVIDENCE – One day after South Fork Wind, the country's first large-scale offshore wind farm, opened off the coast of Long Island, green energy...
Hilton acquires Graduate Hotels brand for $210M
PROVIDENCE – The Graduate Hotels brand, which operates one of the state’s most prominent hotels, has a new owner.
Hilton announced Thursday that it has...
U.S. consumer sentiment ticks down slightly, but most expect inflation to...
WASHINGTON (AP) – Consumers became slightly less optimistic about the economy this month, though they continue to expect inflation to cool further, a potential sign...
U.S. retail sales up 0.6% in February
NEW YORK (AP) – Americans picked up their spending a bit in February after pulling back the previous month. But last month's gain was...
U.S. wholesale prices picked up in February in sign that inflation...
WASHINGTON (AP) – Wholesale prices in the United States accelerated again in February, the latest sign that inflation pressures in the economy remain elevated...
Mass. governor to pardon those convicted of cannabis possession
BOSTON (AP) – Massachusetts Gov. Maura T. Healey on Wednesday said she would issue pardons for tens of thousands of people convicted of misdemeanor...