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Aspen Aerogels sees Q1 losses narrow to $1.8M

NORTHBOROUGH, Mass. – Aspen Aerogels Inc. posted a $1.8 million loss in the first quarter of 2024, an improvement over the $16.8 million loss...

Federal Reserve leaves interest rates unchanged

WASHINGTON (AP) – The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn't plan to...

CVS Health chops 2024 forecast as cost struggles with Medicare Advantage...

WOONSOCKET – CVS Health Corp. missed first-quarter expectations and chopped its 2024 outlook more than a dollar below Wall Street's forecast. Shares of the health...

BankRI parent sees profits rise to $14.7M in Q1

BOSTON – Brookline Bancorp Inc., the parent company of Bank Rhode Island, on Wednesday reported a profit of $14.7 million in the first quarter...

General Dynamics Corp. profit increases 9.5% in Q1

NORTH KINGSTOWN – General Dynamics Corp. logged a $799 million profit in the first quarter of 2024, a 9.5% increase year over year, the...

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...
CITIZENS FINANCIAL Group Inc. saw its profit decrease 34.6% in the first quarter of 2024 compared with a same period a year ago. / PBN FILE PHOTO

Citizens Financial Group’s profit drops 34.6% in Q1

PROVIDENCE – Citizens Financial Group Inc. Wednesday posted a net income of $334 million in the first quarter of 2024, a decline of 34.6%...

Wall Street slumps as rising yields crank up the pressure

NEW YORK (AP) – U.S. stocks slumped Monday after higher yields in the bond market caused by a strong U.S. economy cranked up the...

U.S. producer prices rose 2.1% from last year, most since April,...

WASHINGTON (AP) – U.S. producer prices rose in March from a year earlier at the fastest pace in nearly a year, but the gain...

Higher gas and rents keep U.S. inflation elevated, likely delaying Fed...

WASHINGTON (AP) – Consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other items, the government said Wednesday in...
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