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Hasbro confirms pending layoffs, reports Q3 profit of $223.2M

PAWTUCKET – Hasbro Inc. posted a third-quarter profit of $223.2 million on Thursday, up from a $171 million loss in the same period a...

Lardaro: R.I.’s economy accelerated in August

PROVIDENCE – Rhode Island’s economy showed strength in August, accelerating year over year, University of Rhode Island economist and professor Leonard Lardaro said Friday in his...

CVS to lay off 632 workers tied to R.I. headquarters

WOONSOCKET – CVS Health Corp. is laying off 632 remote and in-person employees at its company headquarters. Of the employees affected, just 153 work inside the CVS headquarters and...

Riley Power Group to lay off additional 13 R.I. employees

NORTH KINGSTOWN – After revealing plans in August to layoff 117 workers, Riley Power Group, a North Carolina-based maintenance and construction company that does...

U.S. job openings fall as demand for workers weakens 

WASHINGTON (AP) – America's employers posted fewer job openings in July than they had the previous month, a sign that hiring could cool in the...

Riley Power Group to lay off 117 North Kingstown employees

NORTH KINGSTOWN – Riley Power Group, a North Carolina-based maintenance and construction company that does contract fabrication work for submarine builder General Dynamics Electric...
RHODE ISLAND’S economy was strong in June, University of Rhode Island economist and professor Leonard Lardaro says in his latest Current Conditions Index report. / PBN FILE PHOTO/MICHAEL SALERNO

Lardaro: R.I.’s economy posts strong performance in June

PROVIDENCE – Rhode Island’s economy was strong in June and has moved out of “first gear,” University of Rhode Island economist and professor Leonard...

Number of Americans filing for jobless claims hits highest level in...

The number of Americans filing for unemployment benefits jumped to its highest level in a year last week, even as the labor market remains...

Kirby Perkins to lay off approximately 58 employees

MIDDLETOWN – Kirby Perkins Construction is set to lay off dozens of employees in September. The company is planning to lay off about 58 employees...

Providence Community Health Centers lays off around 40 employees

PROVIDENCE – Providence Community Health Centers recently laid off “approximately 40” employees, PCHC spokesperson Brett Davey said. The layoffs took place on June 28 and...
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