61.2 F
Rhode Island
Wednesday, December 12, 2018

Capital Goods

Relax, retailers are fine

When the forecasts landed earlier this fall for the holiday shopping blitz, all signs pointed toward a merry Christmas for retailers. But earlier this...
TIME TO TALK: Hasbro Inc. wants a more-modern headquarters than what it now has in Pawtucket but has not committed to staying in Rhode Island. State and city officials must present a united front in responding to the threat of a possible move.
 / COURTESY 
HASBRO INC.

Hasbro’s silence is not golden. State, local officials must unite to...

Could iconic toymaker Hasbro Inc. really move its headquarters out of Rhode Island? Sure it can, especially if the move wouldn’t cost it much...

Waters Corp. retains Maynard firm for expansion of manufacturing facility

TAUNTON – Waters Corp. has retained JM Coull of Maynard, Mass., for an expansion of its manufacturing facility in Taunton.The company is making a...
UNITED STATES factory orders for business equipment were weak in October for a third straight month. / BLOOMBERG FILE PHOTO/TY WRIGHT

Orders for U.S. business equipment trailed forecasts in Oct.

NEW YORK - Orders placed with United States factories for business equipment were weak in October for a third straight month, another sign that...
R.I. CONSTRUCTION employment increased 6 percent year over year to 19,400 jobs. / COURTESY ASSOCIATED GENERAL CONTRACTORS OF AMERICA

R.I. construction employment rises 6% in Oct.

PROVIDENCE – Rhode Island construction employment increased 6 percent year over year in October, or 1,100 workers, to 19,400 construction jobs. The year-over-year growth...
RHODE ISLAND'S seasonally adjusted unemployment rate continued to fall in October to 3.8 percent. October 2018 marks the sixth month of declines for the measure, declining 0.7 percentage points year over year. / COURTESY R.I. DEPARTMENT OF LABOR AND TRAINING

Steady unemployment declines continue into Oct.

PROVIDENCE – In its sixth month of either 0.2 or 0.1 percentage point dips, the Rhode Island seasonally adjusted unemployment rate continued its decline...

Five Questions With: Linda Pearson

Blockchain is a buzzword in business, and a valuable tool in transparency for manufacturers and others. Linda Pearson is principal at Sansiveri, Kimball &...

Seltzer, soda maker rolls out new labels by Pawtucket artist

NORTH PROVIDENCE – Yacht Club Bottling Works is introducing new, individually unique labels for its 33 seltzer and soda flavors, the company announced, complete...
RUBIUS THERAPEUTICS reported a $26.4 million loss for the third quarter. The company does not yet generate revenue.

Rubius reports $26.4M loss for Q3

PROVIDENCE – Cambridge, Mass.-headquartered Rubius Therapeutics Inc. announced a $26.4 million net loss for the third quarter of 2018 Tuesday. The company reported an...
REPAIR WORK on bridges that carry I-295 traffic at its interchange with Routes 6 and 6A will begin on Nov. 16. Work will continue through the summer of 2019. / COURTESY GOOGLE LLC

Lane shifts, congestion expected with start of I-295 bridge work

JOHNSTON – The start of work on the bridges that carry traffic on Interstate 295 at its interchange with Routes 6 and 6A at...
- Featured Event -

Latest News

Double Your Subscription                    Without Paying a Penny More!

For a limited time you can get twice the issues of Providence Business News at no additional cost.

 

 Or buy one subscription and give a second gift subscription FREE!  And we’ll send a holiday card announcing your generous gift!

Offer expires December 31, 2018