CHIPS Act a win for region’s economy
After nearly two years and multiple iterations, Congress recently passed a sweeping piece of bipartisan legislation aimed at bolstering domestic semiconductor manufacturing, as well...
Ensuring employees’ health allows them to be present ‘on purpose’ at...
PBN Healthiest Employers Awards 2022
15-499 EMPLOYEES
1. Groov-Pin Corp.
CEO (or equivalent): Scott Jones
Number of employees: 90
As a smaller company, Groov-Pin Corp. takes pride in its...
Providence Journal parent reports $53.7M loss in Q2
PROVIDENCE – Gannett Co., parent company of The Providence Journal and several other local newspapers, on Thursday reported a $53.7 million loss in the...
U.S. job openings slid to 10.7 million in June
WASHINGTON (AP) – American employers posted fewer job openings in June as the economy contends with raging inflation and rising interest rates.
Job openings fell...
A key U.S. inflation gauge reaches 6.8% as prices keep surging
WASHINGTON (AP) – An inflation gauge that is closely tracked by the Federal Reserve jumped 6.8% in June from a year ago, the biggest...
Clarke Valve gets $5.5M in Series D funding round
NORTH KINGSTOWN – Clarke Valve has raised $5.5 million from the sale of Series D Preferred Stock that was completed July 26.
The funding round...
RIPEC, Bryant report: R.I. economy shows improvement in Q2
PROVIDENCE – Several economic indicators suggest the state’s economy is improving, according to a report from the Rhode Island Public Expenditure Council and the...
Textron reports $217M profit in Q2, beats Wall Street estimates
PROVIDENCE – Textron Inc. earned a profit of $217 million in the second quarter of 2022, or $1 per diluted share, the company reported Thursday.
One year...
U.S. economy shrank 0.9% last quarter, its 2nd straight drop
WASHINGTON (AP) – The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising...
Aspen Aerogels posts $24M loss in Q2
PROVIDENCE – Aspen Aerogels Inc. posted a loss of $24.1 million in the second quarter of 2022, or 68 cents per diluted share, compared...
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