Fewest Americans collecting jobless aid since 1970
WASHINGTON (AP) – Applications for unemployment benefits inched down last week as the total number of Americans collecting aid fell to its lowest level...
RIDE Inc. acquires N.J. pressure switch manufacturer
WEST GREENWICH – RIDE Inc., a design manufacturer of power transmission components, sound and shock absorption and fluid film bearing technology, has acquired Pressure...
Textron finalizes purchase of European electric-powered aircraft manufacturer
PROVIDENCE – Manufacturing conglomerate Textron Inc. on Monday announced it has closed its acquisition of European electric-powered aircraft manufacturer Pipistrel for approximately $235 million.
Pipistrel,...
Taco’s Merchant among 30 honorees for PBN’s Business Women Awards program
PROVIDENCE – Cheryl Merchant, CEO of Taco Comfort Solutions, has been selected by Providence Business News as this year’s Career Achievement winner among local...
EYES ON THE PRIZE: 2 key R.I. sectors could get $100M...
Ian Estaphan Owen launched a marine robotics company less than two years ago with the aim of helping combat the effects of climate change.
But...
Davies students step up for early career launch
On any given day, workers at Greystone of Lincoln Inc. churn out a half million “safety-critical” components for airbags, car engines and aerospace equipment.
But...
R.I. unemployment drops to 3.4%, 400 nonfarm jobs gained
CRANSTON – Rhode Island’s economic recovery continued in March with the monthly unemployment rate dropping half a percentage point to 3.4%, the R.I. Department...
Hasbro acquires D&D Beyond from Fandom for $146M
PAWTUCKET – Hasbro Inc. Wednesday acquired D&D Beyond, a digital toolset for the toy company’s Dungeons & Dragons role-playing game, from Fandom Inc. for...
MIKEL cuts ribbon on $2.5M Fall River facility
FALL RIVER – MIKEL Inc., a woman-owned defense contractor based in Middletown, officially cut the ribbon on its new $2.5 million Fall River facility...
U.S. jobless claims stay at historically low levels
WASHINGTON (AP) – Fewer Americans applied for unemployment benefits last week as layoffs remain at historically low levels.
Jobless claims fell by 5,000 to 166,000...
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