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BRADLEY JACOBS, CEO of XPO Logistics Inc., speaks during an interview in New York last year. Jacobs said XPO sees up to $1 billion in organic sales in 2016 and may return to making acquisitions in 2017. /BLOOMBERG NEWS PHOTO/CHRIS GOODNEY

Billionaire dealmaker cools on M&A with focus on XPO growth

SAN FRANCISCO - Brad Jacobs made a fortune during a decades-long wave of mergers and acquisitions. Now he’s putting deal making on hold and focusing...
Daymond John

Cloud Control wins Hasbro 2016 Gaming Challenge contest

PAWTUCKET – Cloud Control, a family-friendly game that allows children to turn, twist and animate clouds into recognizable shapes before time runs out, won...
Don Somers

Five Questions With: Don Somers

Don Somers, owner of the Wireless Zone franchise in Providence, talks about some of the changes in the industry since he opened his first...
Cox Communications

Cox launches new television network, YurView

PROVIDENCE – Cox Communications recently debuted the YurView television network, providing its Rhode Island customers with a new mix of local and national programming. According...
KVH Industries Inc.

KVH ships 7,000th mini-VSAT Broadband system

MIDDLETOWN – KVH Industries Inc. said it has shipped more than 7,000 of its mini-VSAT Broadband systems that provide mobile connectivity at sea to yachts...
INTERNATIONAL GAME Technology PLC is selling its social casino subsidiary, Double Down Interactive LLC, to an affiliate of Seoul, South Korea-based DoubleU Games Co. Ltd.

IGT, Incredible Technologies ink cross-licensing agreement

PROVIDENCE – Global gaming leader International Game Technology recently reached a patent cross-licensing agreement with Incredible Technologies Inc., a Class III gaming manufacturer based...
RHODE ISLAND was named an “Innovation Leader” in the Consumer Technology Association’s 2017 Innovation Scorecard.

Rhode Island named ‘Innovation Leader’ in annual Innovation Scorecard

PROVIDENCE – Rhode Island was named an “Innovation Leader” in the Consumer Technology Association’s 2017 Innovation Scorecard. The annual scorecard rates the states on innovation-friendly...
THE U.S. auto industry was blindsided last month by just how fast sedans have fallen out of favor with Americans now embracing roomier sport utility vehicles. / COURTESY BLOOMBERG NEWS

U.S. car demand collapse jeopardizes Trump’s auto factory push

Ford Fusion: down 37 percent. Chevrolet Malibu: down 36 percent. Toyota Prius: down 29 percent. As those grim numbers suggest, the U.S. auto industry was...
Jack Cacchiotti

Five Questions With: Jack Cacchiotti

Jack Cacchiotti is partner at Restivo Monacelli LLP, a Providence-based tax, accounting and business advisory. The firm recently announced it has expanded its footprint...
Rhode Island Infrastructure Bank

RIIB saves municipal borrowers $5.9M

PROVIDENCE – The Rhode Island Infrastructure Bank estimates it has recently saved municipal borrowers $5.9 million by refinancing outstanding debt. The quasi-public financing group says...

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R.I. COVID-19 cases increase to 1,450 | Superior Court approves new program for businesses to stay collections, evictions