Capital Grille parent bought for $1.4B
ORLANDO, Fla. – The owner of the Olive Garden and Red Lobster restaurant chains has agreed to buy the parent of Capital Grille for...
Mass. ranked 5th, R.I. 14th in business costs
SANTA MONICA, Calif. – Massachusetts is the fourth most-expensive state in which to do business, with overall expenses 30.6 more higher than the...
R.I. adds jobs for 6th straight record
CRANSTON - Rhode Island continued to add to its record number of jobs in July, gaining 200 payroll jobs to bring the total to...
Condo, multi-family prices fall in 2Q
WARWICK - A report released today by the Rhode Island Association of Realtors showed second-quarter condominium sales increased 5.37 percent when compared with sales...
RIAC gives tentative approval <br> to Quonset megayacht plans
NORTH KINGSTOWN – Island Global Yachting’s plans to create a megayacht repair and construction yard at the Quonset Business Park have taken another step...
RIDOT receives recognition for PR efforts
PROVIDENCE – The R.I. Department of Transportation received five national communications awards from the American Association of State Highway Transportation Officials at the National...
St. Louis Fed chief says U.S. economy not yet harmed
WASHINGTON – William Poole, president of the Federal Reserve Bank of St. Louis, said there's no sign that the subprime-mortgage rout is harming the...
U.S. housing starts plunge to 10-year low
WASHINGTON – Housing starts nationwide fell 6.1 percent in July to a seasonally adjusted rate of 1.38 million units per year from the revised...
Industrial output, factory use rise in July
WASHINGTON – U.S. industrial production rose 0.3 last month, to 113.9 percent of its 2002 average, after rising a revised 0.6 percent in June,...
Nortek sees 2Q sales bump as profit declines
PROVIDENCE – Nortek Inc. reported net income for its second quarter of $18.7 million, a decline of 56.6 percent from the year-ago period, as...
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