Textron reports $201M profit in Q1; plans to cut 1,500 jobs
PROVIDENCE – Textron Inc. is expanding a restructuring plan to include laying off 1,500 people, 4% of its global workforce, the aviation company announced...
Hasbro beats Wall St. expectations, reports $58.2M profit in Q1
PAWTUCKET – Hasbro Inc. on Wednesday reported a profit of $58.2 million in the first quarter of 2024 compared with a loss of $22.1...
General Dynamics Corp. profit increases 9.5% in Q1
NORTH KINGSTOWN – General Dynamics Corp. logged a $799 million profit in the first quarter of 2024, a 9.5% increase year over year, the...
RTX Corp. reports $1.71B profit in Q1
ARLINGTON, Va. – RTX Corp. on Tuesday reported a first-quarter profit of $1.71 billion, a 19.8% increase year over year.
On a per-share basis the...
R.I. unemployment rises again, to 4% in March
CRANSTON – March's 4% state unemployment rate marks the sixth consecutive monthly increase. The seasonally adjusted rate is one-tenth of a percentage point higher...
Lardaro: R.I.’s economy growing again
PROVIDENCE – Rhode Island’s growing economy began its breakout in February after being stuck in first gear most of last year, University of Rhode...
U.S. employers added a surprisingly robust 303K jobs in March in...
WASHINGTON (AP) – America's employers delivered another outpouring of jobs in March, adding a sizzling 303,000 workers to their payrolls and bolstering hopes that...
Tiffany’s Cumberland shop making PWHL’s Walter Cup
PROVIDENCE – The road to the Walter Cup will go through Rhode Island.
The Professional Women’s Hockey League announced Thursday that its championship trophy, named...
Quonset Business Park announces total employment has grown to 14K-plus jobs
NORTH KINGSTOWN – Fifteen months after the business park hit 13,000 jobs, the Quonset Development Corp. on Tuesday announced that the park has hit...
AVID Products continues to ride the sound wave
For decades, AVID Products Inc. was best known for supplying the in-flight headphones that airlines offer to passengers.
Launched in 1953 and taking its name...
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