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Beyond the average
A piece of the Dodd-Frank financial reform law required for the first time that companies disclose the ratio of their CEO’s pay to the median salary of its employees, although the employers were allowed to exclude some workers from the calculation. / Sources: Company filings (Some companies excluded non-U.S. employees and others.)

Pay ratio disclosures show wide gaps between CEOs, employees

By the Numbers
Out of the 19 public companies that are based in or have significant ­operations within Rhode Island and have filed proxy statements recently, 14...
TOP SCORER: Hasbro is one of three Rhode Island companies to achieve a perfect score this year in the 2018 Human Rights Campaign Foundation’s Corporate Equality Index. From left, Justin Haddock, licensing attorney; Dolph Johnson, executive vice president and chief human resources officer; Meghann Noonan, project engineer; and Dan Chasse, project ­manager. / PBN PHOTO/­MICHAEL SALERNO

3 R.I. companies receive perfect Corporate Equality Index scores for LGBTQ...

Focus
Four Rhode Island-based corporations were listed in the Human Rights Campaign Foundation’s 2018 Corporate Equality Index – a study that measures a corporation’s efforts...
TEXTRON was the sole Rhode Island-headquartered employer to rank on the Forbes' 2018 Best Large Employer list this year at No. 495. Five midsize employers from Rhode Island also ranked this year. Above, a Citation Sovereign + from the Cessna branch of Textron Inc. / COURTESY TEXTRON AVIATION

R.I. businesses make 2018 Forbes Best Employers lists

Economic Activity
PROVIDENCE – Five Rhode Island companies were named to the Forbes 2018 Best Midsize Employers list, while one Rhode Island employer made the top...
TEXTRON INC. REPORTED A PROFIT of $189 million for the first quarter of 2018, an 87 percent increase from the first quarter of 2017. / COURTESY TEXTRON AVIATION

Textron reports $189M Q1 profit, announces sale of Tools & Test...

Economic Activity
PROVIDENCE – Textron Inc. reported a $189 million profit for the first quarter of 2018, an $88 million increase year over year, or an...
TEXTRON, PARENT OF BELL HELICOPTER, said it will incur a loss of between $250 million and $300 million loss from a re-valuation of deferred tax assets due to the new GOP tax overhaul. / COURTESY BELL HELICOPTER.

Textron to take $250-$300M deferred asset hit from tax bill

Capital Goods
PROVIDENCE - Textron Inc. said in a U.S. Securities and Exchange Commission filing Friday that it expects an extra tax expense in the range...
TEXTRON AVIATION announced the creation of the Cessna SkyCourrier 408, a twin-engine plane that will be sold in a cargo variant to FedEx Express. / COURTESY TEXTRON AVIATION

Textron announces new twin-engine plane, FedEx purchases

Capital Goods
PROVIDENCE – Textron Aviation Inc. announced Tuesday the creation of a new twin-engine turboprop airplane called the Cessna SkyCourier 408.While the plane can be...
TRINITY REPERTORY COMPANY will host its Flights of Fancy: The 2017 Project Discovery Gala on Nov. 17 in the Textron Airplane Hangar in Warwick. / COURTESY TRINITY REPERTORY COMPANY

Trinity Rep to host Flights of Fancy fundraiser in Textron airplane...

Nonprofit
WARWICK – Providence's Trinity Repertory Company will host a fundraiser – Flights of Fancy: The 2017 Project Discovery Gala – on Thursday, Nov. 17...
Textron reported net income of $153 million in the company's 2017 second quarter, a $24 million decline from the second quarter of 2016. Above, the 407GXP from Bell Helicopter.

Textron reports revenue rise, profit drop for Q2

Capital Goods
PROVIDENCE -  Textron Inc. reported net income of $153 million for its second quarter, a 13.6 percent decline from $177 million a year earlier. Earnings...
SEVEN RHODE ISLAND BUSINESSES made it into the Fortune 1000 rankings, with four breaching the top 500. Above, a map of the top 500 companies ranked by revenue.

Where R.I. businesses rank on Fortune 1000 list

Economic Activity
PROVIDENCE – Seven companies headquartered in Rhode Island made the 2017 Fortune 1000, led by CVS Health Corp. The list, which ranks the top...
FM GLOBAL AND TEXTRON INC. ranked on Forbes 2017 America's Best Large Employers rankings. / COURTESY FORBES

FM Global and Textron make it onto Forbes’ 2017 America’s Best...

Business Services
PROVIDENCE - FM Global and Textron Inc. ranked on the Forbes’ 2017 America’s Best Large Employers list.FM Global ranked No. 112 on the list.“Clearly...
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