Economic Activity

CPI rises 0.2% in January, fueling inflation fears

WASHINGTON – The Consumer Price Index for All Urban Consumers (CPI-U) last month rose 0.2 percent to 202.4 (1982 = 100), 2.1 percent above...
JOSEPH J. MarcAURELE, chairman, president and CEO of Citizens Bank of Rhode Island, will receive the 2nd Housing Hero award for leadership in affordable housing. /

House of Hope names MarcAurele a ‘Housing Hero’

WARWICK – House of Hope CDC today announced that its second annual Housing Hero award will go to Joseph J. MarcAurele, chairman, president and...

Gilbane exec among industry’s national leaders

PROVIDENCE – Daniel P. McConaghy, 39, Gilbane Building Co.’s senior vice president and regional manager, has been listed by Building Design & Construction Magazine...
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U.S. leading indicators index rises 0.1% in Jan.

The Conference Board today announced that its index of U.S. leading economic indicators rose 0.1 percent last month to 138.5 points (1996 = 100)...

Quaker Fabric offices in $4.7M sale/lease deal

FALL RIVER – Quaker Fabric Corp. (Nasdaq: QFAB) last night announced a sale/lease agreement for its headquarters building at 1082 Davol St.Quaker has agreed...
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Contracts can imply more than what’s stated

One matter that came to me years ago was the situation of a songwriter who had assigned all of his copyrights to a music...

DEM extends date for comments on wetlands rules

PROVIDENCE – The R.I. Department of Environmental Management today announced it is extending the public comment period on its proposed changes to freshwater wetlands...

Swank annual profit soars to $14M in 2006

TAUNTON – Swank Inc. (Pinksheets: SNKI) nearly quadrupled its profit to $13.99 million in 2006, compared with 2005 net income of $3.61 million....

Wal-Mart’s profits surge in 4Q; Home Depot’s fall

In fourth-quarter reports released today, Wal-Mart Stores Inc.’s profits surged 9.8 percent to $3.94 billion or 95 cents a share, while Home Depot Inc.’s...
SATELLITE dishes on a rooftop in New York City, where Sirius has its headquarters in Rockefeller Center. /

Sirius radio’s $4.6B XM deal faces serious scrutiny

Sirius Satellite Radio Inc.’s $4.57 billion purchase of XM Satellite Radio Holdings Inc. faces opposition from regulators, legislators and other broadcasters, Bloomberg News reports.The...
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