Tag: Coronavirus
Textron Q1 profit shrinks to $50M, pandemic cited
PROVIDENCE – Textron Inc. reported a profit of $50 million in the first quarter, a 72.1% decline year over year due to impacts from...
COVID-19 UI claims increase by 1.2K
PROVIDENCE – Filings for COVID-19-related unemployment insurance climbed by 1,208 on Wednesday, to 147,508, according to the R.I. Department of Labor and Training.
All UI...
Lardaro: R.I. could see over 20% unemployment, years of recovery due...
PROVIDENCE – University of Rhode Island economist Leonard Lardaro thinks unemployment in Rhode Island could rise to over 20% due to the COVID-19 pandemic,...
MassBenchmarks: Mass. GDP drops 6.1% in Q1 as state enters into...
BOSTON – The gross domestic product of Massachusetts declined at an estimated annualized 6.1% in the first quarter, MassBenchmarks said Wednesday.
The publication said that...
SBA: Small businesses move to head of loan application line
NEW YORK (AP) – The smallest companies seeking coronavirus relief loans were moving to the head of the line Wednesday as the Small Business...
Before COVID-19 shutdown, Providence metro unemployment rate rises to 4.9% in...
PROVIDENCE – The nonseasonally adjusted jobless rate in the Providence-Warwick-Fall River metropolitan area increased 0.9 percentage points year over year to 4.9% in March, ...
COVID-19 cases rise by 321 in R.I.; Raimondo outlines plan for...
PROVIDENCE – Nursing and group homes, hospitals and low wage health care workers are likely first in line for a portion of the $1.5 billion...
Warwick to lay off up to 50 city employees due to...
WARWICK – Warwick Mayor Joseph J. Solomon announced Wednesday that up to 50 city employees will be laid off due to anticipated declined revenue...
COVID-19 UI claims reach 146.3K in R.I.
PROVIDENCE – Unemployment insurance claims due to the COVID-19 pandemic increased by 1,384 on Tuesday, to 146,300, according to the R.I. Department of Labor.
UI...
Newport Folk and Jazz festivals canceled
NEWPORT – Both the Newport Jazz and Folk festivals have been canceled this year, Newport Festivals Foundation Executive Director Jay Sweet announced on Wednesday.
The...
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