Citizens: National and R.I. business conditions bounce back in Q1
PROVIDENCE – Citizens Financial Group Inc. on Wednesday reported that 2023 first-quarter business conditions nationwide, and in Rhode Island, have rebounded from the recessionary...
Calif. company, owner fined in scheme to export chemicals from R.I....
PROVIDENCE – The president and owner of a California-based electronics company was sentenced in a scheme to export chemicals manufactured and distributed by a...
U.S. economy grew at weak 1.1% rate in Q1 in sign...
WASHINGTON (AP) – The U.S. economy slowed sharply from January through March, decelerating to just a 1.1% annual pace as higher interest rates hammered...
Textron tops Wall Street estimates with $191M profit in Q1
PROVIDENCE – Textron Inc. on Thursday reported a $191 million profit in the first quarter, a 1% increase year over year that also beat...
Hasbro reports $22.1M loss in Q1
PAWTUCKET – Hasbro Inc. on Thursday reported a loss of $22.1 million in the first quarter of 2023 compared with a profit of $61.2...
General Dynamics reports $730M profit in Q1
NORTH KINGSTOWN – General Dynamics Corp. logged a $730 million profit in the first quarter of 2023, remaining level year over year, the aerospace...
Hasbro enters licensing agreement with Mattel tied to summer films
PAWTUCKET – Barbie, Hot Wheels, Monopoly and UNO are set to embark on a new friendship.
Hasbro Inc. and Mattel Inc. announced Tuesday that the...
Sensata sees Q1 profit rise sharply to $86.4M
ATTLEBORO – Sensata Technologies Holding PLC on Tuesday reported an $86.4 million profit in the first quarter of 2023, a sharp rise from $22.4 million...
Raytheon reports $1.43B profit in Q1
WALTHAM, Mass. – Raytheon Technologies Corp. on Tuesday reported first-quarter profit of $1.43 billion, a 29% increase year over year.
On a per-share basis, the...
R.I.’s March unemployment rate remains 3rd highest in New England
PROVIDENCE – Rhode Island had the third-highest unemployment rate in New England in March at 3.1%, the same as the previous month and below...
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