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January 17, 2008 Archives

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National Grid to redesign electricity bill, change account numbers

5:09 PM Thu, Jan 17, 2008 | | Comments (4)
By Tim Barmann    Email

National Grid has re-designed its electricity bill to a new format that the company says will make it easier for its Rhode Island customers to understand. The utility company is sending out the new bills beginning Monday. There is no......

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New England Tech to acquire Brooks-Eckerd building

12:56 PM Thu, Jan 17, 2008 | | Write a comment
By Paul Grimaldi    Email

The Brooks-Eckerd building, under contruction in 2006. Journal photo / Bob Thayer New England Institute of Technology said today that is has entered into an agreement with Rite Aid Corp. to acquire a 25-acre property on the former Rocky......

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Update: City offers loans to help buy foreclosed properties

11:15 AM Thu, Jan 17, 2008 | | Write a comment
By Lynn Arditi    Email

PROVIDENCE -- Mayor David N. Cicilline announced a new program this morning to offer zero-interest loans to help people buy properties out of foreclosure. The city is setting up a $1 million fund for loans designed to help pay for......

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AG Lynch addresses hospital merger

10:20 AM Thu, Jan 17, 2008 | | Write a comment
By Benjamin N. Gedan    Email

Rhode Island Attorney General Patrick Lynch is talking about the proposed merger between hospital groups Lifespan and Care New England this morning. Lynch is addressing the executive board of the Central Rhode Island Chamber of Commerce. The proposed merger would......

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Promising results from Enbrel study

9:56 AM Thu, Jan 17, 2008 | | Write a comment
By Benjamin N. Gedan    Email

Amgen Inc. has announced data from a phase 3 study of its arthritis drug Enbrel that showed that children and adolescents with moderate to severe plaque psoriasis who received the medication experienced "significant improvements in the signs and symptoms of......

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Textron expands in Europe

9:13 AM Thu, Jan 17, 2008 | | Write a comment
By John Kostrzewa    Email

Textron Financial Corp., a unit of Providence-based Textron, said this morning it will expand its Finance Group by opening Textron Financial Limited based in Guildford, Surrey, United Kingdom. The company's new European operation will service all of Western Europe, providing......

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Rating agency downgrades Pawtucket's debt

8:41 AM Thu, Jan 17, 2008 | | Write a comment
By John Kostrzewa    Email

Fitch, the debt rating agency, has downgraded Pawtucket's approximately $48.2 million in outstanding general obligation bonds to 'BBB+' from 'A-'. The rating outlook was revised to negative from stable. Fitch, based in New York, said the downgrade reflects the deterioration......

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UPS workers seek to join Teamsters

8:33 AM Thu, Jan 17, 2008 | | Write a comment
By John Kostrzewa    Email

A majority of workers at seven UPS Freight terminals in New England, including one in East Providence, has signed authorization cards to become Teamsters. The cards will be sent to a neutral arbitrator to decided if the Teamsters will become......

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