Economic Activity

BRYANT UNIVERSITY'S Chafee Center for International Business is seeking companies to participate in a trade mission to Western Canada that will take place in October. / COURTESY BRYANT UNIVERSITY

Trade mission to Western Canada planned for October

PROVIDENCE – The John H. Chafee Center for International Business at Bryant University and R.I. Commerce Corp. are leading a trade mission to Western...

Stepping Up: Elisha Project promises no peanut butter and jelly, no...

EAST PROVIDENCE — Even before COVID-19 arrived in Rhode Island, George Ortiz Jr. saw a notable increase in families seeking food assistance from the...
The Current Conditions Index in Rhode Island for March 2020

Lardaro: R.I. economy may not recover for another two to five...

PROVIDENCE – University of Rhode Island economist Leonard Lardaro does not expect the state’s economy to return to where it was before the COVID-19...
SLATER TECHNOLOGY FUND has closed on a special purpose vehicle for the company HappyNest Inc., bringing private investment to the company.

Slater fund closes on private investment vehicle for HappyNest

PROVIDENCE – Slater Technology Fund on Monday said it closed on a special-purpose vehicle for HappyNest Inc., a technology-enabled laundry pickup and delivery service. The...

T.F. Green reports 23% increase in cargo shipments amid COVID-19

WARWICK – While T.F. Green Airport has seen passenger traffic slashed and flights suspended, cargo activity is up in the wake of the new...
IGT LOST $197 million in the first quarter of 2020, impacted by shutdowns related to COVID-19. / PBN FILE RUPERT WHITELY

IGT posts $197M loss in Q1, cites COVID-19 pandemic

PROVIDENCE – International Game Technology PLC reported a loss of $197 million in the first quarter, or $1.21 per diluted share, due largely to...

R.I. gas prices tick up 3 cents

PROVIDENCE – The average price of self-serve, regular unleaded gasoline in Rhode Island increased 3 cents over the week to $1.96 per gallon Monday,...
COVID-19 UNEMPLOYMENT INSURANCE filings increased 345 on Sunday. / AP FILE PHOTO/PAUL SANCYA

COVID-19 UI filings rise by 345, near 160K

PROVIDENCE – COVID-19-specific unemployment insurance filings increased by 345 on Sunday, to 159,146, according to the R.I. Department of Labor. Pandemic unemployment assistance filings increased...

Small businesses to get free face masks, cleaning supplies through state...

PROVIDENCE — Small businesses that are trying to reopen can receive a month’s supply of free face masks for their employees and cleaning supplies,...
UNEMPLOYMENT INSURANCE claims due to COVID-19 increased by 305 day to day in Rhode Island on Thursday. / AP FILE PHOTO/ERIC GAY

COVID-19 UI claims rise by 350

PROVIDENCE – COVID-19-specific Unemployment Insurance claims increased by 350 on Thursday to 157,932, the R.I. Department of Labor and Training said Friday. Pandemic Unemployment Assistance...

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