Economy

City launches anti-bias ad campaign

Business Services 06/29/2007

PROVIDENCE – “Discrimination is illegal.” That’s the name, and the message, of a multimedia ad campaign from the city’s Human Relations Commission. The campaign...

Rite Aid expands board to 14 directors

Economic Activity 06/29/2007

CAMP HILL, Pa. – Rite Aid. Corp. (NYSE: RAD), which completed its acquisition of the Brooks Eckerd pharmacies from Jean Coutu Group on June...

IN SALT LAKE CITY, three shoppers an iPhone demo on a giant model in the window of the Apple Store at Gateway Mall. /

iPhone wait ends at 6 p.m. Friday

Business Services 06/29/2007

PROVIDENCE – Apple Stores nationwide, including the one at Providence Place, closed their doors today at 2 p.m. to prepare for the iPhone’s 6...

TOTAL spending on U.S. construction projects rose by 0.9% in May, as spending on residential projects fell 0.8% but nonresidential spending rose 2.5%, the Census Bureau said. Above, a development goes up next to the Austin, Nichols and Co. warehouse in Brooklyn, N.Y. /

Construction spending surges 0.9%

Economic Activity 06/29/2007

WASHINGTON – “Robust gains in public and private nonresidential construction spending overpowered the continuing slump in homebuilding in April,” Ken Simonson, chief economist...

FourQuest sells Theatre-By-The-Sea

Economic Activity 06/29/2007

SOUTH KINGSTOWN – FourQuest Entertainment Inc. has sold the historic Theatre-By-The-Sea in Matunuck and the Rehearsal Hall/Costume Shop in Wakefield to an independent...

SPENDING by U.S. consumers continued to rise faster than incomes last month, pushing the U.S. personal savings rate to a negative 1.4% as consumers spent $139.8 billion more than they earned. Above, a shopper checks out the sale sign at a shoe store in the Big Apple. /

Personal spending rises 0.5%<br> in May as incomes rise 0.4%

Economic Activity 06/29/2007

WASHINGTON – U.S. personal consumption expenditures (PCE) increased 0.5 percent in May to a seasonally adjusted $9.75 trillion, the U.S. Commerce Department’s Bureau of...

Paulson urges renewal of ‘fast-track’ trade policy

Economic Activity 06/29/2007

WASHINGTON – U.S. Treasury Secretary Henry M. Paulson Jr. today called on legislators to reauthorize the trade promotion authority, saying “the 110th Congress has...

Astro-Med lands $3M cockpit printer deal

Capital Goods 06/29/2007

WEST WARWICK – Astro-Med Inc. (NASDAQ: ALOT) has been awarded a $3 million multi-year contract by Boeing Integrated Defense Systems. The contract calls for replacing...

THE CASINO OF THE WIND, for which the tribe broke ground yesterday, is part of the $740 million Project Horizon, which will add 1.4 million square feet to the Sun by 2010. /

Mohegan Sun teams up with Margaritaville

Economic Activity 06/29/2007

UNCASVILLE, Conn. – The Mohegan Tribe has a new partnership with the Jimmy Buffet’s Margaritaville restaurant chain. The deal was announced yesterday, as the...