R.I. unemployment rate dips to record low 2.7%
CRANSTON – Rhode Island’s economic recovery continued in June with the monthly unemployment rate dropping two-tenths of a percentage point from May to 2.7%,...
Americans filing jobless claims at highest level in 8 months
WASHINGTON (AP) – The number of Americans applying for unemployment benefits last week rose to the highest level in more than eight months in...
Hasbro reports $142M profit in Q2, beats Wall Street expectations
PAWTUCKET – Hasbro Inc. on Tuesday reported second-quarter profit of $142 million, after a loss in the same period a year earlier.
The toymaker said...
R1 Indoor Karting co-owner purchases Cranston industrial building to house TimeZone...
CRANSTON – A top executive from Lincoln-based R1 Indoor Karting Inc. has acquired a large industrial building on Mill Street, where part of the...
Pharmaron finalizes Rhodes site acquisition in Coventry
COVENTRY – Pharmaron, a Beijing-based pharmaceutical and life sciences research and development company, recently announced that it has completed its acquisition of the former...
FUJIFILM Electronic Materials U.S.A. Inc. will invest $350M to expand U.S....
NORTH KINGSTOWN – FUJIFILM Electronic Materials U.S.A. Inc. will invest $350 million during its fiscal 2021-23 period, which runs now through March 31, 2024,...
R.I. ranks No. 45 on CNBC’s state business rankings
PROVIDENCE – Rhode Island ranks No. 45 among all states in CNBC’s “America’s Top States for Business 2022” rankings released Wednesday.
The Ocean State was...
RIMA honors late R.I. manufacturing leader Henry D. Sharpe Jr.
SMITHFIELD – The Rhode Island Manufacturers Association last week reflected on the life and legacy of Henry D. Sharpe, a longtime leader and a...
Lardaro: R.I. economy in early stages of recovery from pandemic
PROVIDENCE – Rhode Island’s economy is in the early stages of a total recovery from the pandemic, University of Rhode Island economist and professor...
U.S. employers add a solid 372K jobs
WASHINGTON (AP) – America's employers shrugged off high inflation and weakening growth to add 372,000 jobs in June, a surprisingly strong gain that will...
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