Projo Biz Blog

January 15, 2008 Archives


Pawtucket shelter gets heating help from Kennedy effort

4:02 PM Tue, Jan 15, 2008 | | Write a comment
By Benjamin N. Gedan    Email

U.S. Rep. Patrick Kennedy joins his cousin Joseph Patrick Kennedy II, a former Massachusetts congressman, today to present a check for heating assistance at a Pawtucket shelter. Citizens Energy, run by Joseph Kennedy, provides heating oil to families living in......

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New airport chief to visit tomorrow

3:39 PM Tue, Jan 15, 2008 | | Write a comment
By Benjamin N. Gedan    Email

Kevin A. Dillon, who will take over T.F. Green Airport next month, plans to attend tomorrow's meeting of the Rhode Island Airport Corporation board, airport spokeswoman Patti Goldstein said. The Providence Journal reported today that the airport board had agreed......

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Analyst: Alexion will just miss Wall St. forecast

2:43 PM Tue, Jan 15, 2008 | | Write a comment
By Benjamin N. Gedan    Email

Alexion Pharmaceuticals Inc. is expected to have just missed Wall Street projections for its fourth-quarter earnings, with a loss of 50 cents per share, compared with estimates of a loss of 48 cents per share, Credit Suisse analyst Michael Aberman......

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EDC calls for 'life sciences incubator'

11:52 AM Tue, Jan 15, 2008 | | Write a comment
By Benjamin N. Gedan    Email

The Rhode Island Economic Development Corporation is crafting a proposal for a "life sciences incubator" where technology start-ups could conduct research. In an interview this morning, the EDC director, Saul Kaplan, said the facility would be modeled after the office......

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Science council to name grantees

11:02 AM Tue, Jan 15, 2008 | | Write a comment
By Benjamin N. Gedan    Email

Journal photo / Bob Breidenbach Alfred Hanson (right), president of SubChem Systems Inc., and Peter Egli (left), a chemical oceanographer, in 2001. SubChem was one of the first recipients of the state research grants. The Rhode Island Science and......

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BJ's Wholesale Club names new president, COO

10:59 AM Tue, Jan 15, 2008 | | Write a comment
By Paul Grimaldi    Email

BJ's, which has lagged behind Wal-Mart and Costco, has replaced its president. BJ's Wholesale Club has named company veteran Laura Sen to replace Herb Zarkin as president of the Natick, Mass., retailer. Sen, 51, joined BJ's in 1989 and......

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RI insurer opens office in China

10:18 AM Tue, Jan 15, 2008 | | Write a comment
By John Kostrzewa    Email

FM Global, the commercial property insurer based in Johnston, said this morning it has opened a representative office in Beijing, China following approval from the China Insurance Regulatory Commission. Allan Palmer, operations vice president, FM Global, has been named chief......

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State-backed fund reinvests in software company

8:50 AM Tue, Jan 15, 2008 | | Write a comment
By John Kostrzewa    Email

The Slater Technology Fund has invested $250,000 in a second round of funding to Providence-based Public Display, a web company developing information extraction software for consumers, web publishers and advertisers. The commitment brings Slater's total investment in the company to......

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National Grid to begin South County wiring project

8:35 AM Tue, Jan 15, 2008 | | Comments (1)
By John Kostrzewa    Email

A helicopter used by National Grid, the state's dominant electricty distributer, is scheduled to begin today the restringing of wires in East Greenwich and North Kingstown as part of its $25 million Southern Rhode Island Transmission Project. The helicopter will......

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Labor board hearing set for Foxwood complaint

8:23 AM Tue, Jan 15, 2008 | | Write a comment
By John Kostrzewa    Email

The National Labor Relations Board has scheduled a hearing today into complaints by the Mashantucket Pequots over a unon election in November among workers at the Foxwoods Resort Casino in Connecticut. Table game dealers at the casino voted 1,289 to......

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