Asbury Automotive acquires Herb Chambers Cos., including its 2 R.I. dealerships
PROVIDENCE – Asbury Automotive Group Inc. has finalized the acquisition of The Herb Chambers Cos., a major privately owned dealership group with operations in...
Textron’s Q2 profit narrows to $245M
PROVIDENCE – Textron Inc. earned a $245 million profit in the second quarter, down from $259 million the year prior, the company said Thursday.
The...
Hasbro reports $855.8M loss in Q2, remains silent on possible move...
PAWTUCKET – Hasbro Inc. on Wednesday reported a second-quarter loss of $855.8 million despite stronger-than-expected sales fueled by Magic: The Gathering, after posting a...
General Dynamics posts $1.01B profit in Q2
NORTH KINGSTOWN – General Dynamics Corp., the parent company of General Dynamics Electric Boat, posted a $1.01 billion profit in the second quarter, a...
R.I. joins list of states partnering with Centers for Medicare &...
PROVIDENCE – The Centers for Medicare & Medicaid Services announced that Rhode Island, along with 32 other states, plus the District of Columbia and Puerto...
Magaziner secures House approval for 5 key amendments in Defense Appropriations...
PROVIDENCE – U.S. Rep. Seth Magaziner, D-R.I., has secured five amendments in the $832 billion Defense Appropriations bill for fiscal year 2026, which received...
REGENT Craft launches military product line
NORTH KINGSTOWN – REGENT Craft Inc., a startup known for its electric "seaglider" technology, announced that it will continue its push into military applications...
Lardaro: R.I.’s poor May economic performance keeps alive recession fears
PROVIDENCE – Rhode Island's poor economic performance in May fuels recession fears, University of Rhode Island economist and professor Leonard Lardaro said Tuesday in...
RTX Corp. reports profit jump to $1.66B in Q2
ARLINGTON, Va. – RTX Corp. on Tuesday reported a second-quarter profit of $1.66 billion, a sharp increase from $111 million a year prior, powered...
RIMTA names Forrest Williams executive director
NEWPORT – The Rhode Island Marine Trades Association has named longtime marine manufacturing leader Forrest Williams as its new executive director.
Williams has more than...
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