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Casino operator Bally’s reports $61.8M loss in Q3

PROVIDENCE – Bally’s Corp. reported a loss of $61.8 million after reporting a $593,000 profit in the same period a year ago. The Rhode Island-based casino...

Textron posts $269M profit in Q3

PROVIDENCE – Textron Inc. earned a $269 million profit in the third quarter of 2023, an increase from $225 million one year prior, the company said...

Hasbro reports $171M loss in Q3, cuts full-year revenue outlook

PAWTUCKET – Hasbro Inc. on Thursday reported a loss of $171 million in the third quarter of 2023, following a year-ago profit of $129.2...

General Dynamics Corp. reports $836M profit in Q3

PROVIDENCE – General Dynamics Corp. logged an $836 million profit in the third quarter of 2023, a 7.3% decrease year over year, the aerospace...

Federal Reserve is poised to leave rates unchanged as it tracks...

WASHINGTON (AP) – Since Federal Reserve officials last met in July, the economy has moved in the direction they hoped to see: Inflation continues...

Fed’s preferred inflation gauge shows a modest rise in latest sign...

WASHINGTON (AP) – An inflation gauge closely tracked by the Federal Reserve remained low last month, adding to signs of cooling price increases and...

Textron reports $263M profit in Q2, beats Wall Street estimates

PROVIDENCE – Textron Inc. earned a profit of $263 million in the second quarter of 2023, or $1.30 per diluted share, the company reported Thursday.  The company...
GENERAL DYNAMICS Corp. logged a $744 million profit in the second quarter of 2023, a 2.9% decrease year over year, the aerospace and defense company said Wednesday.  / COURTESY GENERAL DYNAMICS ELECTRIC BOAT

General Dynamics Corp. sees profit fall to $744M in Q2

NORTH KINGSTOWN – General Dynamics Corp., the parent company of General Dynamics Electric Boat, posted a $744 million profit in the second quarter of...

Sensata Technologies sees Q2 profit rise to $49.1M

ATTLEBORO – Sensata Technologies Holdings PLC earned a profit of $49.1 million in the second quarter of 2023, compared to a $34.8 million gain...

Federal Reserve minutes: Some officials wanted to raise interest rates last...

WASHINGTON (AP) – Some Federal Reserve officials pushed to raise the Fed's key interest rate by one-quarter of a percentage point at their meeting...
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