Manufacturing has long been one of the United States’ most common occupations. During what can be thought of as the golden age of manufacturing in America, tens of millions of Americans were employed in manufacturing everything from food to furniture to factory production parts. By June of 1979, a year the Bureau of Labor Statistics recorded […]
Business
A look at What’s Up in business in Newport, Rhode Island, and beyond.
Posted inBusiness
BankNewport’s ‘Kind Heart Fresh Start’ campaign returns to benefit underserved populations
As part of its All In Giving program, BankNewport today announced the return of the “Kind Heart Fresh Start” campaign. This year, to meet the most urgent need of community organizations that provide services to underserved populations, BankNewport says the campaign will collect new bedding, including new pillows, pillowcases, pillow protectors, twin and full-size sheet […]
Posted inBusiness
Hasbro sales slip as families tire of playing with inflation
By MICHELLE CHAPMAN AP Business Writer Hasbro’s profit and sales slipped in the third quarter as families watched their spending on toys more closely with inflation cutting into budgets. “The third quarter is our most difficult comparison and was further impacted by increasing price sensitivity for the average consumer,” said CEO Chris Cocks. Revenue for the Pawtucket, […]
Posted inBusiness
Now Hiring: 75 job opportunities available right now in and around Newport
Looking for a new gig, job, or career? Here’s a look at some of the job opportunities that are available right now in the Newport area. All jobs were posted or provided to us within the last seven days and are located within five miles of downtown Newport. 22 Bowens: GRILL / BROILER COOKAdvantage Solutions: […]
Posted inNews
The VETS completes its new seat installation project, increases overall capacity
The VETS welcomes back audiences for its 2022-2023 season with all new seats in the main hall. The theatre’s transformation was completed over the summer after removing and replacing the existing 72-year-old seats. The new seats were installed by Irwin Seating Company and add several enhancements to the patron experience as well as increase the […]
Posted inBusiness
Celtica Public House will become The Quencher, here’s who’s behind it and what they have planned
Just days after permanently closing, we now know what the future plans hold for Celtica Public House. 95 Long Wharf Mall, home to Celtica Public House, has been sold to some familiar folks in Newport County and What’sUpNewp was able to find out more about how the sale came together and what the plans are […]
Posted inBusiness
Gurney’s Newport Resort & Marina renamed Newport Harbor Island Resort, Davidson Resorts to operate
The next chapter for the hotel and resort on Goat Island has come. It’s not the Hyatt Regency or Gurney’s Newport Resort and Marina anymore, it’s now the Newport Harbor Island Resort. Bethesda, Maryland-based Pebblebrook Hotel Trust announced on June 23, 2022, it acquired the 257-room hotel and resort for $174.0 million. Davidson Hospitality Group today announced […]
Posted inBusiness
Ribbon cut on Woonsocket Education Center, adding workforce training and education options for Northern Rhode Island
Governor Dan McKee today praised private businesses, state agencies, donors, and the General Assembly for their collaboration and contributions that led to the creation of the new Woonsocket Education Center before snipping the giant ribbon signaling the official opening. “Our state has a responsibility to make sure that Rhode Islanders have the ability to qualify for the […]
Posted inBusiness
Rhode Island Startup Week events coming to Innovate Newport
The Greater Newport Chamber of Commerce today announced that they will host three events at Innovate Newport as part of Rhode Island Startup Week, a state-wide themed week organized by RIHub, to bring together entrepreneurs, investors, and leaders to connect and collaborate. Executive Director Erin Donovan-Boyle stated, “We are excited to partner with some extraordinary organizations […]
Posted inBusiness
Alzheimer’s drug shows promise in early results of study
By TOM MURPHY AP Health Writer Shares of Biogen and other drugmakers researching Alzheimer’s disease soared Wednesday after Japan’s Eisai Co. said its potential treatment appeared to slow the fatal disease in a late-stage study. The drugmaker said early results showed that its treatment, lecanemab, reduced patient clinical decline by 27% when compared to a […]
Posted inBusiness
Panera Bread permanently closes Newport location
It appears that the Panera Bread in Long Wharf Mall has abruptly permanently closed. Customers were met with a closed cafe on Wednesday. The location is also marked as permanently closed on Facebook and Google. Howley Bread Group, a Panera Bread franchisee, says on their website that they have 28 cafés in Rhode Island, Massachusetts, […]
Posted inBusiness
Rite-Solutions receives $77 Million, five-year, cybersecurity contract from US Navy
Middletown-based Rite-Solutions today announced that it has been awarded a $77 million, five-year contract by the Naval Surface Warfare Center Dahlgren Division (NSWCDD) under the Department of the Navy. The company will support the Strategic and Computing Systems Department, which provides systems engineering, software development, and support services for various commands. Specific to this Task […]
Posted inBusiness
Newport Chowder Company takes top prize in Samuel Adams Brewing the American Dream competition
Submitted by Andrea McHugh/Andrea McHugh Media Sept. 23, 2022 (Warren, R.I.) – Samuel Adams philanthropic program, Brewing The American Dream, brought together six Rhode Island-based food and beverage entrepreneurs at culinary business incubator Hope & Main in Warren in late August to vie for a $10,000 award in their annual pitch room competition. The competition […]
Posted inJobs
Now Hiring: 100+ job opportunities available right now in and around Newport
Looking for a new gig, job, or career? Here’s a look at some of the job opportunities that are available right now in the Newport area. All jobs were posted or provided to us within the last seven days and are located within five miles of downtown Newport. 22 Bowen’s: KITCHEN SUPERVISOR **$25-$30/HOUR** @ 22 […]
Posted inNews
COVID-19 changed how we eat out—here are the trends that are here to stay
Restaurants had to make major adjustments when dining rooms all over the world had to shut down due to COVID-19. Between delivery services and crafty outdoor seating arrangements, businesses got creative to keep customers interested in ordering—yet it still wasn’t enough to keep sales anywhere near pre-pandemic levels. The U.S. restaurant industry brought in about […]
Posted inBusiness
SEACORP awarded $79 million contract by the Office of Naval Research
Middletown-based SEACORP, LLC. (SEACORP) today announced that it has been awarded a $79 million, five-year contract by the Office of Naval Research (ONR). Under this contract, SEACORP will design, develop, and integrate the Electromagnetic Maneuver Warfare (EMW) Modular Suite (EMWMS) as a configurable, experimental, and operational unit. SEACORP, LLC. (PRNewsfoto/SEACORP) SEACORP is tasked with designing, developing, and […]
Posted inBusiness
People’s Credit Union continues its partnership with The Arbor Day Foundation by offering free trees for fall planting
As part of its year-long Centennial Celebration, People’s Credit Union is continuing its partnership with the Arbor Day Foundation to provide free trees to the community for the fall planting season. Through the Foundation’s Community Canopy Program, the free trees will be distributed right to residents’ doorsteps through November 27th as part of the Credit Union’s […]
Posted inBusiness
Newport International Boat Show reports attendance for the 2022 show was “exceptional”
The Newport International Boat Show announced today that attendance for the 2022 Show was exceptional, topping 2021. The four-day event, held along the downtown waterfront in Newport, Rhode Island, opened on Thursday, September 15 and continued through Sunday, September 18. This year’s event included a stunning array of boats in the water of every type […]
Posted inThings To Do
Castle Hill Inn will welcome the fall, winter season with festive happenings in November and December
This fall and winter, Castle Hill Inn is inviting guests to celebrate the change of seasons and get into the holiday spirit with a host of events and celebrations. As the holiday season approaches, the iconic Relais & Châteaux property will be aglow with elegant décor and bustling with holiday festivities during the months of November and […]
Posted inBusiness, Sports
Judge OKs Utah-based company’s $76M bid to buy Jay Peak
A federal judge has approved a Utah-based resort company’s $76 million bid to buy Jay Peak Resort, the Vermont ski area that was at the center of a financial scandal involving its former owner and president. Pacific Group Resorts, which owns five ski areas, last week won the auction to buy Jay Peak. A federal judge in […]
Posted inBusiness
Mokka Coffehouse, Boat Hauling Business, and other businesses for sale right now in Rhode Island
The latest listings on BizBuySell, LoopNet, and realtor website show all kinds of businesses currently for sale in Rhode Island. Reasons for selling, when provided, typically do not mention economic hardship, but more often involve the owner retiring or not having time to actively run the business. The names and locations are generally left out, but there […]
Posted inNews
10 industries with the most job openings
The U.S. economy has had a strong recovery from the COVID-19 pandemic, according to the International Monetary Fund. The unemployment rate has returned to 2019 levels and wage increases for lower-income workers have reduced income gaps. Inflation, however, has posed a problem. The country’s gross domestic product, or GDP, did drop in the first half […]
Posted inBusiness
Counties with the highest unemployment rate in Rhode Island
Unemployment rates, while significantly lower than the alarming pandemic peak of 14.7% experienced in April 2020, remain a subject of concern, notably as economic experts bandy around the idea of a potential recession by 2023. The last economic recession—the Great Recession of 2008-2010—sent rates up to 10% as of October 2009. It was not until […]
Posted inBusiness
Newport International Boat Show announces ‘Newport For New Products’ award winners
The Newport International Boat Show announced today the results of this year’s Newport For New Products™ (NFNP) Awards. Judged on Thursday during the Show’s opening day and announced at an awards ceremony on Friday, September 16, 2022, the winners are: Best New Navigation Product – Garmin InReach Mini2 Marine Bundle Best New Boating Operation,Maintenance or […]
Posted inNews
Countries Rhode Island exports the most goods to
American exports grew 18.7% in 2021 to $2.5 trillion after the coronavirus pandemic drove exports in 2020 to their lowest levels since 2010, according to Commerce Department data. The pandemic threw a monkey wrench into supply chains while flattening demand, all in the midst of significant tariffs imposed by the United States on China and […]