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Top News & Analysis Rhode Island

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  • PROVIDENCE, R.I.— A barge accident off the coast of Rhode Island has dented the foundation of what will be the nation's first offshore wind farm. Deepwater Wind officials told The Providence Journal on Thursday that such accidents are not uncommon in offshore construction projects. Information from: The Providence Journal,...

  • PROVIDENCE, R.I.— A lawyer for imprisoned former House Speaker Gordon Fox said he has a meeting scheduled for Thursday with Board of Elections staff as he tries to sort out his client's campaign account, which Fox pilfered for personal use. But according to numbers released by prosecutors and filed with the Board of Elections, there is an unaccounted-for gap of at...

  • Jury awards $125,000 to victim of lead paint poisoning Wednesday, 29 Jul 2015 | 6:46 AM ET

    PROVIDENCE, R.I.— A Rhode Island jury has awarded $125,000 to a 19- year-old who sued her landlord for lead poisoning she says she suffered while living in a Pawtucket apartment when she was 2.. The Providence Journal reports that the verdict, which amounts to $350,000 with interest, went in favor of Traecina Claiborne. Information from: The Providence Journal,...

  • NEW YORK, July 29- When Matt and Jen Osmun opened their vape shop in Bethel, Connecticut, last December, they didn't expect to get a boost from the local medical marijuana outlet. "Sales are going really well, and getting better every month," said Jen Osmun, who started the business with her husband, a former plumber, after he was injured in an accident.

  • July 28- Textron Inc, the maker of Beechcraft and Cessna planes, reported lower-than-expected quarterly revenue as it delivered fewer King Air Turboprops and Bell helicopters. Revenue in Textron's aviation business, its largest, fell 5 percent to $1.12 billion in the second quarter, hurt by a change in the mix of commercial aircraft. Providence, Rhode Island-...

  • Textron tops 2Q profit forecasts Tuesday, 28 Jul 2015 | 6:36 AM ET

    PROVIDENCE, R.I. _ Textron Inc. on Tuesday reported second-quarter net income of $167 million. Textron expects full-year earnings to be $2.30 to $2.50 per share. Textron shares have decreased almost 4 percent since the beginning of the year, while the Standard& Poor's 500 index has stayed nearly flat.

  • SINGAPORE, July 28- U.S. crude futures fell towards $47 a barrel, close to a four-month low, in early Asian trade on Tuesday after a stock market sell-off rattled investors, adding to concerns of an oil supply glut, although a weaker dollar put a floor under prices. *U.S. crude for September delivery dropped 30 cents to $47.09 a barrel as of 0020 GMT, after ending the...

  • NEW SHOREHAM, Rhode Island, July 27- Rhode Island's Deepwater Wind began installing the foundations for North America's first offshore wind farm on Monday, a milestone the company says could pave the way for an industry long established in Europe but still struggling with opposition in the United States. "Our belief is once Block Island is up and running, it will...

  • NORTH KINGSTOWN, R.I.— Construction has begun off Rhode Island's coast on the nation's first offshore wind farm, a milestone that federal and state officials say will help the fledgling U.S. industry surge ahead. Secretary of the Interior Sally Jewell said Monday that lenders, regulators and stakeholders can now see a path forward. Deepwater Wind is building a...

  • NEW SHOREHAM, Rhode Island, July 27- Rhode Island's Deepwater Wind will start installing the foundations for North America's first offshore wind farm on Monday, a milestone the company says could pave the way for an industry long established in Europe but that is still struggling with opposition in the United States. "Our belief is once Block Island is up and...

  • Verizon workers vote to authorize strike, if necessary Saturday, 25 Jul 2015 | 5:22 PM ET

    NEW YORK— Verizon workers in nine states have voted to go on strike if necessary over a dispute about a new contract, a union official said at a rally Saturday. At the rally in New York, the CWA announced that 86 percent of Verizon workers who voted in a recent poll backed strike action if required. The contract covers employees the nine states from Massachusetts to...

  • BOSTON— The black wool double-breasted suit jacket Ringo Starr wore in the 1965 Beatles movie "Help!" Boston- based RR Auction announced Friday that the jacket with soft gray vertical pinstripes, six black buttons, and the name "Ringo" sewn inside was part of the online Marvels of Modern Music auction that closed Thursday. Other items sold in the auction included a...

  • WASHINGTON— Transportation Secretary Anthony Foxx said Friday the government has opened a price-gouging investigation involving five airlines that allegedly raised airfares in the Northeast after a deadly Amtrak crash in Philadelphia in May disrupted rail service. The Transportation Department sent letters on Friday to Delta, American, United,...

  • PROVIDENCE, R.I.— A bridge in Cranston reopened to traffic on Tuesday, a month after its closure prompted a call for an investigation by the House speaker. The state Department of Transportation announced it was reopening the bridge six days ahead of schedule. The DOT awarded John Rocchio Corp. a $411,000 contract for the work in Cranston.

  • MONTPELIER, Vt.— A plan to run a 1,000- megawatt power line down Lake Champlain and across Vermont to bring Canadian power to southern New England is getting key support in the Green Mountain State. Vermont officials and TDI New England CEO Donald Jessome said Tuesday the company had reached agreements with four state agencies, three towns and the state's...

  • Citizens Financial Group posts 2Q profit Tuesday, 21 Jul 2015 | 6:45 AM ET

    PROVIDENCE, R.I. _ Citizens Financial Group Inc. on Tuesday reported second-quarter net income of $190 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share. Citizens Financial Group shares have increased 12 percent since the beginning of the year.

  • Washington Trust posts 2Q profit Monday, 20 Jul 2015 | 4:09 PM ET

    WESTERLY, R.I. _ Washington Trust Bancorp Inc. on Monday reported second-quarter profit of $11.5 million. The holding company for The Washington Trust Co. posted revenue of $41.3 million in the period. Keywords: Washington Trust Bancorp, Earnings Report.

  • PROVIDENCE, R.I.— Eleven mothers have filed complaints with the Rhode Island attorney general's office alleging extensive delays by a company that makes jewelry from breast milk. Owner Allicia Mogavero says the process of turning the milk into jewelry is time consuming and customers are made aware of the potential long delays. WPRO-AM reports the company's...

  • Play-Doh, Jurassic World give Hasbro boost in 2Q Monday, 20 Jul 2015 | 6:36 AM ET

    PAWTUCKET, R.I.— Play-Doh and " Jurassic World" toys helped push Hasbro's sales higher in the second quarter to beat analysts' estimates. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share. Revenue for the preschool category increased 14 percent, thanks to Play-Doh and shipments of " Jurassic World"...

  • This table contains projected and actual enrollment figures for the newly eligible Medicaid population in the 30 states and the District of Columbia that have opted to expand the program under the federal Affordable Care Act. Where available, it also provides the estimated and revised cost of paying for the program during the 2017 fiscal year, when states...