Thursday, March 28, 2024

TOPICS

Manufacturing

U.S. applications for jobless benefits inch up as layoffs remain historically...

Slightly more Americans applied for jobless claims last week, but layoffs remain low and the labor market continues to show resiliency amid elevated interest...

Navy awards General Dynamics Electric Boat $967M contract modification

GROTON, Conn. – General Dynamics Electric Boat was awarded a $967 million contract modification from the U.S. Navy for its ongoing Virginia-class nuclear submarine projects. The contract...

Higher gas prices lift Fed’s preferred inflation gauge but underlying price...

WASHINGTON (AP) – An inflation gauge closely tracked by the Federal Reserve rose in August, boosted mainly by higher gas prices. But measures of underlying...

Pickell, Hazen White among 10 honorees for PBN’s 2023 Manufacturing Awards

PROVIDENCE – Craig Pickell, CEO of Lincoln-based abrasive products manufacturer Bullard Abrasives Inc., has been named the 2023 Strategic Leadership Award winner for Providence...

Unemployment in Providence-Warwick area falls to 3.2% in August

PROVIDENCE – The unadjusted unemployment rate in the Providence-Warwick metropolitan area was 3.2% in August, an increase from 2.6% one month ago but still...
UNITED NATURAL Foods Inc. earned a profit of $24 million for its fiscal year that ended July 29, down from a $248 million profit one year prior, the company reported Tuesday. 

United Natural Foods profit plummets to $24M in fiscal 2023

PROVIDENCE – United Natural Foods Inc. saw its profit tumble to $24 million in the fiscal year that ended July 29 – down from...

Textron Aviation lands deal with NetJets for up to 1,500 business...

PROVIDENCE – Textron Aviation Inc., a segment of Textron Inc., announced a fleet agreement with NetJets Inc. for the Columbus, Ohio-based company to purchase...

Why the U.S. job market has defied rising interest rates and...

WASHINGTON (AP) – Last year's spike in inflation, to the highest level in four decades, was painful enough for American households. Yet the cure – much...

Gansett Craft Chocolate wins five International Chocolate Awards

NARRAGANSETT – An Ocean State chocolate-making duo took home five honors at the International Chocolate Awards’ Americas division earlier this month. Gansett Craft Chocolate, composed of father-daughter team Steven and Ella Schneider,...
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