Economy

Quonset CEO replaced by deputy

Economic Activity 07/13/2007

The R.I. Economic Development Corporation has announced that Geoff Grout, the CEO of the Quonset Development Corporation, has departed. His duties will be assumed...

New England homes show energy leadership

Economic Activity 07/13/2007

BOSTON - New England states were among the leaders in building new single-family homes that earn the government’s Energy Star rating for energy efficiency,...

Retail spending - a shopper takes in the retail district in Philadelphia - fell in June by the largest amount since August 2005 /

Retail sales fall in June

Economic Activity 07/13/2007

WASHINGTON - Retail sales in the United States fell in June by the largest amount in nearly two years, as high gasoline prices and...

URI adds undergraduate biopharmaceutical track

Capital Goods 07/12/2007

Thanks to a $75,000 gift from an alumnus, the University of Rhode Island has created a new course of study for undergraduates interested in...

RHODE ISLAND Gov. Donald L. Carcieri brings his experience as governor, business executive and teacher to his new role as a member of the board of directors of Achieve, a nonprofit education advocacy group. /

Carcieri joins education nonprofit board

Education 07/12/2007

Gov. Donald L. Carcieri has joined the board of directors of Achieve, a Washington, D.C.-based nonprofit that advocates for educational reform. “We are delighted...

NYLO Hotels expects that its Pontiac Mills hotel will attract a young, upscale business and leisure traveler, with loft-style design and furnishings. /

Pontiac Mills hotel breaks ground

Economic Activity 07/12/2007

WARWICK – NYLO Hotels today broke ground on a facility in the mixed-use Pontiac Mills development in Warwick. The hotel, which will be Atlanta-based NYLO’s...

National Grid offering gas efficiency program

Economic Activity 07/12/2007

WESTBOROUGH, MASS. – National Grid’s Rhode Island natural gas customers now have energy efficiency programs similar to those that the utility7 has had in...

GTECH gains 3-year contract with Conn.

Capital Goods 07/12/2007

The Connecticut Lottery Corp. has awarded GTECH Printing Corp. a three-year contract worth $5 million to $7.5 million to provide instant-ticket printing services. Creative...

Containers are moved at the Port of Portland in Portland, Ore. U.S. exports set a record in May, as a weak dollar and strong overseas economies created demand for U.S. goods. /

Economists raise 2Q growth estimate

Capital Goods 07/12/2007

Following record exports of $132 billion in May, economists raised their forecasts for economic growth in the second quarter. Stronger foreign economies and a weakening...