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January 28, 2008 Archives

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'Superman' building is sold

3:35 PM Mon, Jan 28, 2008 | | Write a comment
By Benjamin N. Gedan    Email

The Bank of America tower, built in 1927, is the tallest building in the state. The Inland Real Estate Corporation has sold the art deco Bank of America tower, known locally as the Superman building, to High Rock Westminster......

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Free WiFi coming to MBTA commuter rail line

3:05 PM Mon, Jan 28, 2008 | | Write a comment
By Andrea Panciera    Email

No more excuses for these commuters to nap on the train. Beginning this week, commuters on the Worcester/Framingham MBTA commuter rail line to Boston will have free WiFi service. When the service comes online, you can use your laptop, PDA,......

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Ross-Simons scoops Mass. stores from bankruptcy

2:21 PM Mon, Jan 28, 2008 | | Write a comment
By Paul Grimaldi    Email

Cranston-based Ross-Simons last week scooped up two store leases in the Boston area when a U.S. Bankruptcy Court judge approved the sale of the beleaguered Alpha Omega Jewelers to an investment consortium. Earlier this month, Ross-Simons joined a consortium led......

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Alexion to relase earnings on Feb. 14

12:00 PM Mon, Jan 28, 2008 | | Write a comment
By Benjamin N. Gedan    Email

Alexion Pharmaceuticals Inc. will announce its fourth-quarter earnings on Thursday, Feb. 14, the company said today. Alexion officials will discuss the earnings report during a conference call and audio Web cast starting at 10 a.m. Alexion has spent nearly $80......

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Janitors at PC ready to strike

11:13 AM Mon, Jan 28, 2008 | | Write a comment
By Benjamin N. Gedan    Email

Janitors at Providence College employed by Hurley of America, Inc., have three days left in their contract, and they’re not happy. The group says they have faced harassment and threats for trying to get changes in the contract and that......

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Providence chamber surveying businesses

10:53 AM Mon, Jan 28, 2008 | | Write a comment
By Benjamin N. Gedan    Email

Journal file photo / Kris Craig Governor Carcieri sits beside Richard Seline, president of New Economy Strategies, the consulting firm hired by the Greater Providence Chamber of Commerce to study the Providence economy. The Greater Providence Chamber of Commerce......

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EDC handing out tax credits

10:28 AM Mon, Jan 28, 2008 | | Write a comment
By Benjamin N. Gedan    Email

The Rhode Island Economic Development Corporation board is meeting today at 4 p.m. to vote on four requests for tax credits designed to help local start-ups attract investment. The four companies - Lighthouse Security Group, Ocean State Solutions, Providence Health......

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KVH settles shareholder lawsuit

8:20 AM Mon, Jan 28, 2008 | | Write a comment
By John Kostrzewa    Email

KVH Industries Inc., based in Middletown, said it settled for a $5.3 million cash payment, made by its insurer, a securities class action claim filed in federal court against KVH and some of its officers in 2004 by a class......

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Hasbro buys gamemaker

8:17 AM Mon, Jan 28, 2008 | | Write a comment
By John Kostrzewa    Email

Pawtucket-based Hasbro, the maker of the Monopoly and Scrabble board games, said it completed its previously-announced agreement to buy closely held Cranium Inc. for $77.5 million. Cranium, which makes its namesake and Hullabaloo games, may have at least $100 million......

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Brown University plans to cut greenhouse gas emissions

8:14 AM Mon, Jan 28, 2008 | | Write a comment
By John Kostrzewa    Email

Brown University said it will try to cut its greenhouse gas emissions by 42 percent below 2007 levels. And wants to do it by 2020. Brown said it also will require that all newly constructed buildings limit emissions to 25......

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Women's Summit March 13 at Bryant University

8:08 AM Mon, Jan 28, 2008 | | Write a comment
By John Kostrzewa    Email

About 950 people are scheduled to register for the eleventh annual Women's Summit at Bryant University on March 13 to attend seminars and workshops and hear three keynote speakers. They are Geraldine Ferraro, the first female vice presidential candidate and......

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