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January 29, 2008 Archives

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Textron's Bell Helicopter planning layoffs

6:51 PM Tue, Jan 29, 2008 | | Write a comment
By Andrea Panciera    Email

FORT WORTH, Texas -- Bell Helicopter, whose parent company is Rhode Island-based Textron, is planning layoffs. But a spokesman today says the company is still determining how many workers will lose their jobs -- and when. The Fort Worth, Texas-based......

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Projections for '08 prove challenging

4:09 PM Tue, Jan 29, 2008 | | Write a comment
By Benjamin N. Gedan    Email

Predicting local tourism activity this year will be difficult, given the presidential election and the possibility of an economic recession, according to Evan Smith, president of the Newport County Convention and Visitors Bureau. Speaking at the monthly meeting of the......

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NE Patriots a danger to your 401(k)?

3:37 PM Tue, Jan 29, 2008 | | Comments (1)
By Benjamin N. Gedan    Email

Journal file photo / Bob Breidenbach The New England Patriots take on the New York Giants in the Super Bowl on Sunday. There is apparently more at stake in Sunday's Super Bowl than the happiness of thousands of New......

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LIN TV director resigns

3:30 PM Tue, Jan 29, 2008 | | Write a comment
By John Kostrzewa    Email

Providence-based LIN TV said in a federal regulatory filing today that William H. Cunningham resigned from the board of directors, effective immediately, because he wanted to reduce his professional commitments. LIN (TVL:Nasdaq) said that the board appointed Patti S. Hart,......

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Effort to 'green' hotels moves forward

1:52 PM Tue, Jan 29, 2008 | | Write a comment
By Benjamin N. Gedan    Email

Journal file photo / Bill Murphy A new bridge connecting the Dunkin' Donuts Center and the Rhode Island Convention Center. The convention center has created a committee to study ways to more efficiently use energy and other resources. PROVIDENCE......

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EDC approves 'Innovation Tax Credits'

10:46 AM Tue, Jan 29, 2008 | | Write a comment
By Benjamin N. Gedan    Email

The Rhode Island Economic Development Corporation board last night approved four requests for tax credits designed to help local start-ups attract investment. The four companies - Lighthouse Security Group, Ocean State Solutions, Providence Health Solutions, and Public Display - had......

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Grow Smart mobilizing to save historic tax credit

10:21 AM Tue, Jan 29, 2008 | | Write a comment
By Benjamin N. Gedan    Email

Journal file photo / Sandor Bodo Providence Mayor David N. Cicilline at the opening of the Renaissance Providence Hotel in the Masonic Temple building last June. The project was paid for, in part, by historic tax credits. The advocacy......

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Rhode Island income-tax forms are in the mail

9:50 AM Tue, Jan 29, 2008 | | Write a comment
By Neil Downing    Email

State income-tax packages have begun arriving in mailboxes. Michael F. Canole, chief revenue agent for the Rhode Island Division of Taxation's personal income-tax section, said that many of the packages began arriving last week. Others should be received this week.......

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EMC profits top Wall Street estimates

8:59 AM Tue, Jan 29, 2008 | | Write a comment
By John Kostrzewa    Email

EMC Corp. beat analysts forecasts by reporting fourth quarter net income of $525.7 million, or 24 cents a share, compared with $388.8 million, ot 18 cents a share, in the year-ago period. the company based in Hopkinton, Mass. said this......

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