Top News & Analysis Rhode Island

  • Brant Point Lighthouse in Nantucket, Massachusetts.

    There are no bridges to Martha's Vineyard, Nantucket and Block Island. Part floating hotel and part transport, small-ship cruises eliminate the need for separate tickets and reservations, making it easy to skip around New England's old-money islands.

  • U.S. buyout fund Providence has hired Goldman Sachs and Rothschild to find a new owner for the Paris- based firm which runs a network of 42 schools in ten countries, the sources said, speaking on condition of anonymity. An auction process kicked off in early February with Providence targeting a wide range of potential bidders including family offices, sovereign...

  • U.S. buyout fund Providence has hired Goldman Sachs and Rothschild to find a new owner for the Paris- based firm which runs a network of 42 schools in ten countries, the sources said, speaking on condition of anonymity. The schools run by Galileo include the Paris School of Business, Macromedia University in Germany and Italian fashion school Istituto Marangoni.

  • Net income rose to $267.3 million, or $2.01 per share, in the fourth quarter ended Dec. 29, from $8.8 million, or 7 cents per share, a year earlier. Excluding items, the Pawtucket, Rhode Island- based company earned $1.24 per share, above analysts' average estimate of 91 cents, according to IBES data from Refinitiv. Net revenue rose 2.8% to $1.43 billion, but missed the...

  • Lawsuits on behalf of young consumers have targeted leading e-cigarette maker Juul Labs Inc. Altria, which holds a stake in Juul, said the number of cases pending against the e-cigarette maker has surged by more than 80% since October. The following is a summary of how the litigation is playing out across the United States:. A Connecticut man said in a lawsuit...

  • "We are going to increase the number of MAX simulators we have in production," Chief Executive Scott Donnelly told analysts. Textron's TRU training division competes with Montreal- based training specialist CAE Inc.. Rhode Island- based Textron, which makes Cessna business jets, has been floated by some analysts as a logical buyer amid reports that the Canadian...

  • Jan 17- Rhode Island Governor Gina Raimondo signed an executive order on Friday aiming for renewable energy to provide all of the state's electricity by 2030 to fight climate change. With the order, Rhode Island joins several other states that have set 100% clean energy goals, including Hawaii, California, New Mexico, Maine, New York, Washington and Virginia,...

  • WASHINGTON, Jan 7- The U.S. Senate Finance Committee overwhelmingly approved the U.S.-Mexico-Canada Agreement on Tuesday, moving the revamped North American trade deal a step closer to a final Senate vote in the coming days or weeks. The timing of a long-delayed final U.S. congressional vote to approve the trade pact remains uncertain, as Senate Majority...

  • The committee advanced the USMCA implementing legislation by a 25-3 vote, drawing opposition from Republican senators Pat Toomey of Pennsylvania and Bill Cassidy of Louisiana and Democratic Senator Sheldon Whitehouse of Rhode Island.

  • BOSTON, Dec 23- Three U.S. Democratic senators have asked the investigative arm of Congress to evaluate a $1 billion- a-year subsidy for burning chemically treated refined coal, after research has shown that some power plants using the fuel produced surging amounts of mercury and smog instead of cutting pollution. Senator Sheldon Whitehouse of Rhode Island, as...

  • BOSTON, Dec 23- Three U.S. Democratic senators have asked the investigative arm of Congress to evaluate a $1 billion- a-year subsidy for burning chemically treated refined coal, after research has shown that some power plants using the fuel produced surging amounts of mercury and smog instead of cutting pollution. Senator Sheldon Whitehouse of Rhode Island, as...

  • BOSTON, Dec 23- Three U.S. Democratic senators have asked the investigative arm of Congress to evaluate a $1 billion- a-year subsidy for burning chemically treated refined coal, after research has shown that some power plants using the fuel produced surging amounts of mercury and smog instead of cutting pollution. Senator Sheldon Whitehouse of Rhode Island, as...

  • Just three years ago, the turbines started spinning on the first offshore wind energy farm powering a U.S. community, Block Island, Rhode Island. While the project now owned by Danish firm Orsted remains the only offshore wind farm in the U.S., that number is expected to grow quickly.

    The U.S. only has one working offshore wind energy farm, off the coast of Rhode Island, but cost declines, government support and a new giant wind turbine from GE are among reasons offshore wind power generation is set to boom for the U.S. market.

  • Over the next week it risks losing a few drops as deadlines approach for the United States to impose new tariffs on China, British voters decide what has been called a "nightmare" election between far-left and far-right candidates, and other central banks take stock of what seems an increasingly turgid global economy. "Our broad view is that the global economy has...

  • Census systems were hacked from IP addresses in Russia during testing in 2018- sources. *Census Bureau continues to struggle with reliability, security ahead of 2020 headcount. The Pega-built website was hacked from IP addresses in Russia during 2018 testing of census systems, according to two security sources with direct knowledge of the incident.

  • WASHINGTON, Nov 25- Texas' attorney general settled with T-Mobile Inc and Sprint Corp and will drop his opposition to the $26.5 billion merger, leaving just Democratic attorneys general fighting the proposed combination. Also on Monday, Nevada said it would withdraw from the lawsuit in exchange for early deployment of the next generation of wireless in the...

  • Nov 12- National Grid Plc will truck liquefied natural gas and compressed natural gas to New York and New England to ensure customers have enough gas to heat homes and businesses on the coldest days this winter. Aquidneck Island is home to Newport, Portsmouth and Middletown, Rhode Island. In addition to trucking LNG to Rhode Island, National Grid said it plans to...

  • BOSTON, Oct 21- A Massachusetts judge on Monday ruled that a four-month ban on the sale of vaping products the state adopted in response to an outbreak of lung illnesses linked to e-cigarette use was likely unlawful, but he gave the state time to fix its defects. Suffolk County Superior Court Judge Douglas Wilkins in Boston said he would bar the state from...

  • Oct 11- Indiana on Thursday confirmed two more deaths from a mysterious lung illness linked to e-cigarettes, bringing the total number of fatalities to 29 across the country, as U.S. health officials investigate the outbreak that has shown no signs of easing. Latest data from the Centers for Disease Control and Prevention listed 1,299 confirmed and probable...

  • Last week, the Centers for Disease Control and Prevention reported 1,080 cases and 18 deaths from the illness. As of Oct. 8, confirmed deaths were reported from 21 states, including one each from California, Connecticut, Georgia, Massachusetts, Michigan, New York, Texas and Pennsylvania. As the outbreak picks up pace, some states, including New York, Michigan and Rhode...