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RTX Corp. reports $1.71B profit in Q1

ARLINGTON, Va. – RTX Corp. on Tuesday reported a first-quarter profit of $1.71 billion, a 19.8% increase year over year.  On a per-share basis the...
RTX CORP., formerly Raytheon Technologies Corp., says it recorded a year-end profit of $3.2 billion in 2023, a decline from $5.2 billion a year prior.

RTX Corp. posts $3.2B year-end profit, down 39% from 2022

ARLINGTON, Va. – RTX Corp., formerly Raytheon Technologies Corp., reported a 2023 year-end profit of $3.2 billion, or $2.23 per share, a decline from...

Portsmouth Town Council approves host agreement with SouthCoast Wind

Faced with receiving $23 million or nothing, the Portsmouth Town Council begrudgingly approved an agreement that allows a Massachusetts offshore wind farm developer access...

Advocates want to change these 4 things in the state cannabis...

CRANSTON – With infused drinks, charcuterie, and the blasting beats of Drake, a group of over three dozen industry advocates, leaders, and lawmakers gathered...

Five Questions with: James Houle

James Houle is an appraiser and Rhode Island real estate expert based in Portsmouth, where he runs his business, James Houle & Associates. House...

RTX Corp. posts $984M loss in Q3

WALTHAM, Mass. – RTX Corp. on Tuesday reported a third-quarter loss of $984 million, a 171% decrease year over year.  On a per-share basis the...

Portsmouth home along Sakonnet River sells for record $8.55M

PORTSMOUTH – A 5,559-square-foot home restored in 2021 on 1.92 acres of waterfront property recently sold for $8.55 million, marking the most expensive residential...

Regulators approve temporary extension on Portsmouth LNG facility for upcoming winter 

For the fourth consecutive winter, a Portsmouth liquified natural gas facility will serve as a temporary, backup heating source for Aquidneck Island.  The R.I. Energy...

Things are getting murky with SouthCoast Wind’s application. Here’s what new...

The state’s coastal regulator is backing one allegation from a staff engineer over the status of an application for an offshore wind development while...

State coastal engineer alleges SouthCoast Wind developer lied to energy regulators 

Financial headwinds aren’t the only obstacle a Massachusetts offshore wind farm developer must overcome to secure critical approvals from Rhode Island regulators. SouthCoast Wind...
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