Thursday, April 18, 2024

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Economic Activity

Whitehouse 2nd in class in NYYC Classics Regatta

NEWPORT – U.S. Sen. Sheldon Whitehouse, sailing a historic vessel commissioned by his grandfather, finished second in his class Sunday in the first half...

State workers reject R.I. contract offer

NORTH PROVIDENCE – A proposed four-year agreement with the State of Rhode Island that was intended to ease the state’s budget woes was overwhelmingly...

Hasbro chair, wife pledge $250K to URI

KINGSTON – A $250,000 pledge from Hasbro Inc. Chairman Alfred J. Verrecchia and his wife, Gerrie Verrecchia, will help the University of Rhode Island...
STEPHEN J. KING /

King named managing director of QDC

NORTH KINGSTOWN – Steven J. King, a professional engineer who has worked at Quonset Development Corporation for the past decade, has been confirmed as...

BancorpRI 2Q profit rises 2.14%

PROVIDENCE – Bancorp Rhode Island Inc. (Nasdaq: BARI), the parent of Bank Rhode Island, today posted a second-quarter profit of $2.24 million, an increase...

U.S. mortgage applications dip as rates rise

WASHINGTON – The number of mortgage applications filed nationwide fell last week as interest rates continued to rise, the Mortgage Bankers Association said today...

Stock slump spurs Textron buyback

PROVIDENCE – In a classic case of lemons to lemonade, Textron Inc. (NYSE: TXT) today announced that, “in light of current market conditions, it...

RIPTA seeks to trim downtown trolley service

PROVIDENCE – An R.I. Public Transit Authority (RIPTA) proposal to trim the Providence LINK low-emissions trolley service will go before the public next week...

Old Colony Y gets $901K YouthBuild grant

WASHINGTON – The Old Colony YMCA in Fall River is one of 11 organizations nationwide that will share in $9 million in YouthBuild USA...

R.I. panel defers decision on VMA, citing new info

PROVIDENCE – At the request of the petitioners, the R.I. State Properties Committee this morning delayed a decision on the transfer of Veterans Memorial...
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