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New, rehabbed hotels are delivering more meetings

From smart-growth advocates to economic development officials, groups and individuals from across Rhode Island watched with great anticipation as the long-vacant Masonic Temple was...
FEDERAL RESERVE CHAIRMAN Benjamin S. Bernanke testified before Congress today, reiterating his forecast for slow growth in 2007, with a pickup in 2008. /

Leading indicators slow down in June

NEW YORK - As the Federal Reserve chairman testified for a second day before Congress, noting that the decline in home construction would continue...
TEXTRON Chairman, CEO and president Lewis B. Campbell reported strong results across the company's four business units today. /

Textron 2Q results strong as board <br>increases dividend

PROVIDENCE – Textron Inc. today reported net income for the second quarter of $210 million, nearly triple what it recorded a year ago, on...

MJSA awards 2007 scholarships

PROVIDENCE – The MJSA Education Foundation has awarded more than $7,000 in scholarships to seven student designers. Since 1979, the foundation has granted more than...

Mass. investor buys 3 Middletown buildings

BEVERLY, MASS. - Brookwood Real Estate Partners II announced yesterday that it had purchased three office buildings in Middletown, including the home of KVH...

Libraries receive grant to promote family literacy

The R.I. Department of Education has awarded $145,000 to the Rhode Island Family Literacy Initiative (RIFLI), a cooperative program among the public libraries of...
FEDERAL RESERVE CHAIRMAN Benjamin S. Bernanke delivers his semiannual policy report to the House Financial Services Committee today. /

Fed chief sees growth and lower inflation <br>on horizon

WASHINGTON – In testimony before the House Financial Services Committee, Federal Reserve Chairman Benjamin S. Bernanke predicted moderate economic growth for the U.S. economy...
WORKERS INSTALL SIDING on a home under construction in Erie, Colo. U.S. builders started work on an unexpectedly high number of homes in June. /

Brief reprieve: housing starts climb, <br>but permits drop

WASHINGTON - Led by increased apartment construction, housing starts grew 2.3 percent in June to an annual rate of 1.47 million, according to a...
BEACON MUTUAL President and CEO James V. Rosati announced a 5.7-percent drop in the company's rates, effective October 1. /

Beacon Mutual lowers rates <br>for $7.5M in savings

WARWICK - Beacon Mutual Insurance Co. today announced that the R.I. Department of Business Regulation has approved a reduction in rates by an average...

Inflation continues moderation in June

The Consumer Price Index for All Urban Consumers (the widely accepted measure for consumer prices) increased 0.2 percent in June when compared with May, the...
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