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  • Batteries in baby video monitors recalled Wednesday, 23 Apr 2014 | 4:02 PM ET

    WASHINGTON— Summer Infant is recalling about 800,000 rechargeable batteries used in baby video monitors because of a burn hazard. The hand-held, color video monitors were sold with a matching camera and A/C adaptors at Babies "R'' Us, online and other retailers from about February 2010 through 2012 for $150 to $350.

  • Textron eliminating 750 Cessna, Beechcraft jobs Wednesday, 23 Apr 2014 | 11:21 AM ET

    NEW YORK— Just over a month after buying Beechcraft for $1.4 billion, Textron announced 750 job cuts at that company and at its Cessna division. Both aircraft makers are based in Wichita, Kan., and Textron says about 575 of the affected jobs are based in Kansas.

  • Maine baby lobster decline could end high catches Tuesday, 22 Apr 2014 | 4:16 PM ET

    YARMOUTH, Maine— The number of baby lobsters settling off the rocky coast of Maine continues to steadily decline— possibly foreshadowing an end to the recent record catches that have boosted New England' s lobster fishery, scientists say.

  • Moody's issues warning on collapsed pension deal Monday, 21 Apr 2014 | 12:41 PM ET

    PROVIDENCE, R.I.— Rhode Island will face "extremely difficult" budget choices if it loses the court challenges to its pension overhaul, a prominent bond agency warned following the collapse of a proposed settlement.

  • Hasbro posts 1Q profit, sales of girls' toys rise Monday, 21 Apr 2014 | 6:44 AM ET

    PAWTUCKET, R.I.— Hasbro returned to profitability in its first quarter, driven by sales of girls' toys such as My Little Pony and Nerf Rebelle. Its latest earnings topped Wall Street estimates but revenue was short of what analysts expected. Hasbro Inc.' s sales of girls' products were strong however, up 21 percent.

  • US city sues firms over stock trades Friday, 18 Apr 2014 | 7:08 PM ET

    The city of Providence, Rhode Island, is suing dozens of Wall Street banks and other financial companies over high-frequency trading. The federal complaint was filed Friday in New York on behalf of city investment funds that traded stocks in the U.S. since April 18, 2009.

  • NEW YORK, April 18- Dozens of the largest U.S. stock exchanges, brokerages and high-frequency trading firms were hit with a class action lawsuit by the capital of the state of Rhode Island, accusing them of manipulating the U.S. securities markets.

  • Miss. jobless rate rises in March as payrolls fall Friday, 18 Apr 2014 | 11:25 AM ET

    JACKSON, Miss.— Mississippi's unemployment rate rose to 7.6 percent in March as more people entered the labor force than could find jobs. A separate survey shows state employer payrolls fell for the fourth straight month, suggesting that Mississippi's stronger economic growth in late 2013 may be softening.

  • Unemployment rates fall in 21 US states last month Friday, 18 Apr 2014 | 10:29 AM ET

    WASHINGTON— More than two-thirds of the states reported job gains in March, as hiring has improved for much of the country during what has been a sluggish but sustained 4 1/ 2- year recovery.

  • April 16- A lawsuit by retired Rhode Island public employees over the state's sweeping 2011 pension system overhaul will continue after a judge on Wednesday rejected a move by state officials to have the case thrown out.

  • Rhode Island judge: Pension lawsuit may go forward Wednesday, 16 Apr 2014 | 2:39 PM ET

    PROVIDENCE, R.I.— A lawsuit brought by public sector unions and retirees over Rhode Island's 2011 pension overhaul can now move forward, a judge ruled Wednesday, days after both sides said a lengthy mediation had failed.

  • Bill would create Rhode Island sales tax holidays Tuesday, 15 Apr 2014 | 2:32 PM ET

    PROVIDENCE, R.I.— A bill that would create two sales-tax holidays a year in Rhode Island is being heard by House lawmakers. The Finance Committee is scheduled to take up a bill Tuesday that would create tax holidays on Presidents Day and the Saturday before Labor Day.

  • AAA: Gas prices up a penny in Rhode Island Monday, 14 Apr 2014 | 3:26 PM ET

    PROVIDENCE, R.I.— Gasoline prices in Rhode Island are up a cent from last week, and are now the same as a month ago. AAA Southern New England's latest price survey, released Monday, found the average cost of a gallon of self-serve regular in the state is $3.60. The current Rhode Island average is four cents lower than the national per-gallon average of $3.64.

  • BOSTON, April 10- Fidelity Investments said on Thursday it is exploring the creation of a new trading venue with other asset managers, as U.S. regulators investigate the controversial practice of high-frequency trading.

  • PROVIDENCE, April 8- The U.S. Justice Department and Rhode Island on Tuesday agreed that federal officials will ensure that developmentally disabled residents of the New England state have the opportunity to work at real jobs where they earn at least minimum wage.

  • The SEC, which announced the settlement on Tuesday, said CVS failed while marketing a $1.5 billion bond offering in September 2009 to disclose having recently lost significant Medicare and contract revenue streams in its pharmacy benefits manager business, including from the former Caremark Rx Inc that it bought in March 2007.

  • CVS to pay $20 mln to settle SEC charges Tuesday, 8 Apr 2014 | 1:22 PM ET

    April 8- CVS Caremark Corp agreed to pay $20 million to settle U.S. Securities and Exchange Commission charges that it misled investors about significant financial setbacks and used improper accounting to artificially boost its results. The Woonsocket, Rhode Island- based company did not admit or deny wrongdoing in agreeing to settle.

  • WASHINGTON, April 1- Both the Lockheed Martin Corp and Austal versions of the U.S. Navy's new coastal warship performed well in a major war game last week and surprised some "enemies" with their capabilities, a top Navy admiral said on Tuesday.

  • WASHINGTON, April 1- Both the Lockheed Martin Corp and Austal versions of the U.S. Navy's new coastal warship performed well in a major war game last week and surprised some "enemies" with their capabilities, a top Navy admiral said on Tuesday.

  • Muni investors are still worried about the outcomes of the financial struggles of Detroit and Puerto Rico. Reuters asked a number of 2014 U.S. Lipper Fund Awards' winners for answers.

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