Hasbro to lay off 1,000 people; impact in R.I. unclear
PAWTUCKET – Toymaker Hasbro Inc. announced Thursday that it is cutting about 1,000 jobs as part of moves announced last year to save up...
Textron posts $861M profit in 2022
PROVIDENCE – Textron Inc. on Thursday reported that its net income for 2022 was $861 million, an increase from $746 million one year prior.
Earnings per diluted...
General Dynamics reports $3.4B profit in 2022
PROVIDENCE – General Dynamics Corp. on Wednesday reported a profit of $3.4 billion for 2022, a 4.1% increase year over year.
Earnings of $12.19 per...
Founders, investors convene at first Blue Venture Investment Summit
BRISTOL – When Billy Thalheimer, CEO and founder of Regent Craft Inc. first set out into the venture capital space, the most exposure he'd...
R.I. December unemployment 3rd highest in New England
PROVIDENCE – Rhode Island had the third-highest unemployment rate in New England in December at 3.5%, according to data released by the U.S. Bureau...
Raytheon reports $5.2B profit in 2022, announces realignment of businesses
ARLINGTON, Va. – Raytheon Technologies Corp. on Tuesday reported a year-end profit of $5.2 billion in 2022, or $3.50 per share, and announced its...
PBN’s 2023 Economic Trends Summit slated for Jan. 26
PROVIDENCE – Inflation, labor shortages, a looming recession and a host of other issues affecting Rhode Island's economy will be discussed during Providence Business...
PBN debuts 2023 Book of Lists at Graduate Providence
PROVIDENCE – Nearly 250 local business and nonprofit representatives gathered Thursday at the Graduate Providence to network with one another during Providence Business News’...
Meet the Makers: After 110 years, Goodwin-Bradley still perfecting a pattern...
(Editor’s note: This is the fifth installment in a monthly series highlighting some of the region’s unsung manufacturers that make products essential to the...
3 ways supply chains changes will affect everybody
The global supply chains that modern companies depend on were turned upside down three years ago after COVID-19 emerged in China. The spread of...
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