General Dynamics profit falls in Q1 to $745M
PROVIDENCE – General Dynamics Corp. reported a profit of $745 million in the first quarter of 2019, a 6.8% decline from $799 one year...
Mearthane Products acquires Morris & Broms in Cranston
CRANSTON – Mearthane Products Corp. has completed the acquisition of Morris & Broms LLC, a provider of precision stamping and sheet metal fabrication services,...
As always, it’s all about people when it comes to the...
Gov. Gina M. Raimondo understands that the best and most long-lasting investment is in people. From the Real Jobs Rhode Island program, to Rhode...
Navy’s $128B nuclear sub project faces watchdog’s review
NEW YORK – The Pentagon’s inspector general plans to audit how well the U.S. Navy is overseeing development of the propulsion and steering...
Textron posts $179M profit in Q1
PROVIDENCE – Textron Inc. reported net income of $179 million, or 76 cents per diluted share, for the first quarter of 2019, a decline...
U.S. factory output stalled in March as auto production dropped
NEW YORK - United States factory production stalled in March as motor-vehicle output declined, adding to signs of headwinds for manufacturing and economic growth...
Textron’s Donnelly earns $13.9M in 2018
PROVIDENCE – Textron Inc. Chairman, President and CEO Scott C. Donnelly earned $13.9 million in 2018, a decline from $14.8 million one year prior,...
Five Questions With: Phil Ward
With senior population growth, or the “silver tsunami,” many baby boomers will hit retirement age at the same time. In the United States, manufacturers...
U.S. business-equipment orders post third drop in four months
NEW YORK - Orders placed with United States factories for business equipment fell in February for the third time in four months, suggesting corporate...
Rally lifts U.S. stocks to highest levels of year
NEW YORK – Stocks strengthened worldwide as strong manufacturing data out of the world’s second largest economy helped allay investor concern about a slowdown in...
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