Economy

RHODE ISLAND-BASED defense technology company Vatn Systems Inc. and Taiwan's National Chung-Shan Institute of Science and Technology have agreed to explore joint naval defense projects on behalf of Taiwan's Ministry of National Defense. Among Vatn's products is a autonomous underwater vehicle platform torpedo called the S12, pictured, which is produced in Bristol. / COURTESY VATN SYSTEMS INC.

R.I.-based Vatn Systems enters deal to modernize Taiwan’s naval defenses

Economy 08/13/2026

PORTSMOUTH – Defense technology company Vatn Systems Inc. and Taiwan's National Chung-Shan Institute of Science and Technology has signed a memorandum of understanding to...

R.I. cannabis panel launches new adult-use licensing process

Economy 08/13/2026

PROVIDENCE – Two months after Gov. Daniel J. McKee signed legislation effectively scrapping the state’s most recent cannabis retail licensing round, the R.I. Cannabis...

Wholesale price inflation slows last month as gas, food costs fall

Economy 08/13/2026

WASHINGTON (AP) – Wholesale inflation dropped last month as gas prices reversed some of their Iran war spike and other costs also cooled, a sign...

Five Questions With: Christina Paolino

In Their Own Words 08/12/2026

Christina Paolino recently joined Paolino Properties LLC, the Providence-based real estate development and management firm founded by her great-grandfather in 1900 and led by...

Lincoln estate on 16 acres sells for $1.28M

Real Estate 08/12/2026

LINCOLN – A 16-acre estate on historic Great Road recently sold for $1.28 million, according to Compass Inc., which represented the sellers in the...

Providence building occupied by Anchor Recovery Community Center sells for $990K

Real Estate 08/12/2026

PROVIDENCE – A commercial property at 310 Reservoir Ave., occupied by Anchor Recovery Community Center, sold for $990,000, according to Sweeney Real Estate &...

L3HARRIS TECHNOLOGIES INC. executives lead Sen. Sheldon Whitehouse, D-R.I., right, and Sen. Jack Reed, D-R.I., center, through its new 50,000-square-foot production facility at ProvPort. The new site will support the integration and testing of undersea training ranges for U.S. and partner-nation fleets, the company said. / COURTESY L3HARRIS TECHNOLOGIES INC.

Fla. defense contractor opens $6M production facility at ProvPort

Economy 08/12/2026

PROVIDENCE – Florida-based defense contactor and aerospace company L3Harris Technologies Inc. officially opened its $6 million maritime production facility at the Port of Providence on...