Economic Activity

BETA GROUP INC., a 25-year-old engineering, technology and science firm best known for its public-sector work, has been employee-owned since 1999. Above, from left, vice presidents Donna Lantagne and Jim Coppola and president Frank Romeo.  /

Engineering firm sees big picture

Michael Grilli started BETA Group Inc. in 1982 with a staff of three in a small office in Pawtucket. At the time, the firm...

Verizon seeks to offer FiOS TV<br> to 158,000 more R.I. households

PROVIDENCE – Verizon Communications has filed a petition with the R.I. Division of Public Utilities to offer its fiber-optic-based FiOS TV in 12 more...
MIDDAY VISITORS flock to the new video slot machines at Twin River, today after the opening of the 160,000-square-foot addition. /

Lincoln Park opens addition,<br> adopts new name

LINCOLN – Lincoln Park today officially opened its 160,000-square-foot addition, with a ribbon-cutting at the site’s north entrance this morning at 11...

Existing home sales surge unexpected 3.9%

WASHINGTON – Sales of previously owned homes surged 3.9 percent in February to a seasonally adjusted rate of 6.69 million per year from January’s...
JOBLESS RATES from 2000 through last month are shown above for Rhode Island, in gray, and the nation, in black. /

R.I. beats U.S. jobless rate, breaks jobs record

CRANSTON – “For the first time since May 2005, Rhode Island’s unemployment rate is lower than the national average,” Adelita S. Orefice, director of...

Local group buying WRNI public radio for $2M

For the first time in Rhode Island history, the state will have its own locally-owned and operated public radio station.WBUR (90.9FM), Boston’s NPR...
THE PRISTINE WOODLANDS of the Shepard property, the parcel the federal funds will protect, provide habitat for a number of native and migratory species. /

$3M federal grant <br>to protect R.I. woodlands

WASHINGTON – The U.S. Forest Service will set aside $3 million to protect 1,100 acres of land in Coventry and West Greenwich, which will...

No. 5 homebuilder KB’s profits plunge 84%

LOS ANGELES – KB Home, the nation’s fifth-largest homebuilder, today said its profits fell 84 percent in the quarter ended Feb. 28 as the...

Subprime meltdown hits 0-down loans

The credit crunch that began with the meltdown of the subprime mortgage market has spread to affect even borrowers with good credit, according to...
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U.S. leading indicators fall 0.5% in Feb.

The U.S. Leading Economic Indicators index fell 0.5 percent last month to 137.3 points (1996 = 100) after declining 0.3 percent in January and...
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