Technology

TEXTRON is considering "strategic alternatives" for its Kautex business unit that could involve a sale, spinning the segment out or another type of transaction.

Textron looking at transaction possibilities for Kautex segment

PROVIDENCE – Textron Inc. is considering “strategic alternatives” for its Kautex business unit, the company announced Monday.Potential plans for the Bonn, Germany-headquartered business segment...
ASPEN AEROGELS reported a loss of $5.3 million in the second quarter of 2019.

Aspen Aerogels reports $5.3M loss in Q2, revenue rises

MIDDLEBOROUGH – Aspen Aerogels Inc. lost $5.3 million in the second quarter of 2019, or 22 cents per diluted share, despite showing a 36.3%...
KVH INDUSTRIES reported a $47.2 million profit in the second quarter of 2019, attributable to a nearly $90 million sale of its maritime training business, Videotel. / COURTESY KVH INDUSTRIES

KVH reports $47.2M Q2 profit boosted by sale of Videotel business

MIDDLETOWN – KVH Industries Inc. reported a profit of $47.2 million in the second quarter, or $2.90 per diluted share, for all operations, continued...
SMART TECH: From left, Todd Griffith, associate professor at the University of Texas at Dallas; Mario Rotea, professor at the University of Texas at Dallas; Neal Fine, CEO of Aquanis; and John Cooney, chief technology officer of Aquanis, at a conference held in Denver on July 8-10. Aquanis develops smart-blade technology for wind turbines.
 / COURTESY AQUANIS

Aquanis looks to curb wind-energy costs

From the ground, wind-turbine blade rotation appears nearly effortless, as though the spinning is entirely propelled by air currents.In reality, the movement and the...
VIRTUAL ­COMPANY: Leonora Valvo, founder and director of Warren-based Swoogo, coordinates a videoconference staff meeting from her ­computer.
 / PBN PHOTO/MICHAEL SALERNO

An education steeped in real-world challenges

“Often we fall in love with our own ideas,” noted Swoogo founder Leonora Valvo. “We need to spend the time to make others fall...
NEW GANTRY: Vehicles pass underneath an electronic truck-tolling gantry on Route 6 in Providence over the Woonasquatucket River Bridge. The gantry is scheduled to begin operating this month.
 / PBN PHOTO/MICHAEL SALERNO

Truck tolls roll on despite American Trucking Associations lawsuit, appeal

Coming to a Rhode Island highway near you: “Big Brother,” electronic truck-tolling style.That may be a cynical way to describe the automated truck-tolling gantries...

Remote workforce

Does your company allow employees to work remotely? Yes: 70% No: 30%Does your company still require employees to work in the office, in addition to being...

Dartmouth police launch tip411 public-safety alert system

DARTMOUTH – The Dartmouth Police Department is launching its tip411 alert system to improve public communication and safety within the town, WLNE-TV ABC 6...
VERIZON reported a profit of $4 billion in the second quarter of 2019. / BLOOMBERG NEWS FILE PHOTO/JIN LEE

Verizon tops subscriber estimates, gears up for 5G battle

NEW YORK – Verizon Communications Inc. exceeded Wall Street estimates for profit and subscriber growth in the second quarter, easing investor concerns as the...
EARLY RESULTS FROM early results from an experimental therapy developed by Amgen showed promise in colon cancer. / BLOOMBERG FILE PHOTO

Amgen stock climbs on cancer drug promise

NEW YORK – Shares of Amgen Inc. rose as much as 2.3% in pre-market trading after early results from an experimental therapy showed promise...
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