Economic Activity

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R.I. economy shrinks in April,<br> CCI shows

KINGSTON – “Based on the Current Conditions Index for April, Rhode Island’s economy is slowing,” University of Rhode Island economist Leonard Lardaro said today...
THOMAS BOVING, a URI associate professor of geosciences, will bring jobs and drinking water to rural India under a two-year pilot program financed by the World Bank and the Gates Foundation. /

URI researcher gets $190,000 grant from World Bank

KINGSTON – The University of Rhode Island today announced that researcher Thomas Boving, an associate professor of geosciences, has been awarded $190,000 by the...
ADULTS ONLY: Cumberland Farms has settled charges it sold tobacco to someone younger than 18 at least 134 times from 2004 to mid-2006, the Mass. Attorney General's Office said. Above, a man smokes a Marlboro Light outside his workplace in Denver, Colo. /

Cumberland Farms settles tobacco charges

CANTON, Mass. – Cumberland Farms Inc. has reached a settlement with the Mass. Attorney General’s Office of allegations that the company’s convenience stores “lacked...
GINNY, one of three African elephants at Roger Williams Park Zoo in Providence, stars in the award-winning public service campaign RDW Group devised to support passage of a ballot question to help finance major upgrades to the zoo. /

Local firms lead way in New England PR awards

RDW Group Inc. tied for first place with the most Bell Ringer Awards, given yesterday evening by The Publicity Club of New England at...

Survey: Local hiring outlook brightens in 3Q

PROVIDENCE – Local employers expect hiring to be flat in the third quarter, according to the Manpower Employment Outlook Survey released today. The outlook...

Providence Warwick CVB moves to new home

PROVIDENCE – The Providence Warwick Convention & Visitors Bureau has moved to a new location, the organization said in announcing the roster for its...
RICK CLARK unloads his shopping cart outside the Costco Wholesale store in Sandy Springs, Ga., last Thursday.  Costco, the largest U.S. warehouse club, posted a 7-percent increase in May same-store sales, surprising analysts, who predicted a 5.7-percent gain.  /

ICSC: U.S. retail sales rise 1%

NEW YORK – Sales at U.S. retail stores open at least one year rose 1.0 percent over the past week, erasing the previous week’s...
DESPITE THE SLUMP in the subprime mortgage market, Pianalto told the gathering, other sectors of the economy remain 'solid.' Above, a crane loads containers for onto a ship at the Port of Portland, Ore., on June 8. U.S. exports hit a record high in April. /

Pianalto: ‘Fed cannot afford to be complacent’

DUBLIN – U.S. inflation is higher than she would like, Federal Reserve Bank of Cleveland President Sandra Pianalto told a conference yesterday at the...

Patrick names 3 to lead school Readiness Project

BOSTON – A week after announcing his new vision for education reform, Gov. Deval Patrick yesterday announced he has tapped three people to oversee...

Randall Realtors named an up-and-coming firm

WESTERLY – For the third consecutive year, Randall Realtors GMAC has been listed in RIS Media’s Real Estate Magazine and Real Trends as one...
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