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February 1, 2008 Archives

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State funding for Dunk renovation delayed

3:26 PM Fri, Feb 01, 2008 | | Comments (2)
By Benjamin N. Gedan    Email

Journal archive photo / Steve Szydlowski Money to replace the worn seats at the Dunkin' Donuts Center is being temporarily withheld by Governor Carcieri. PROVIDENCE -- Governor Carcieri is delaying $4.1 million earmarked for the renovation of the Dunkin'......

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Providence man sentenced in tax evasion case

3:01 PM Fri, Feb 01, 2008 | | Write a comment
By Paul Grimaldi    Email

A federal judge today sentenced a Providence man to nearly four years in prison for tax evasion. Neil Stierhoff, 52, was convicted in a jury trial last June of failing to pay taxes on about $1.2 million in income that......

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Carcieri's budget backs EDC programs

2:34 PM Fri, Feb 01, 2008 | | Write a comment
By Benjamin N. Gedan    Email

Governor Carcieri's proposed budget for the next fiscal year keeps intact the state Economic Development Corporation's key programs, according to a summary released today. Carcieri's spending plan would give The Slater Technology Fund, a taxpayer-backed source of venture capital, $3......

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Dell closes retail kiosks

2:23 PM Fri, Feb 01, 2008 | | Write a comment
By Paul Grimaldi    Email

Dell Inc. this week closed all of its retail kiosks in U.S. malls, including one in the Providence Place mall, as it changes its sales strategy. The closings comes as Dell tries to reach more customers through its Web site,......

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Seabees to announce 'major corporate gift' for museum

11:24 AM Fri, Feb 01, 2008 | | Comments (2)
By Benjamin N. Gedan    Email

Journal archive photo / John Freidah Workers last month moved the Seabee statue at Quonset to a warehouse, where it was to be repainted. The Seabee Museum and Memorial Park at the Quonset Business Park says it has received......

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Amgen reports positive results for Enbrel

11:02 AM Fri, Feb 01, 2008 | | Write a comment
By Benjamin N. Gedan    Email

Amgen Inc. announced today that a study has shown that its drug Enbrel reduced the so-called C-reactive protein, a marker of inflammation, in patients with moderate to severe plaque psoriasis following 12 weeks of treatment. Reduction in CRP levels was......

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Raytheon brings Super Bowl to troops

10:46 AM Fri, Feb 01, 2008 | | Comments (2)
By Benjamin N. Gedan    Email

Journal archive photo / Bob Breidenbach The New England Patriots play the San Diego Chargers earlier this season. Raytheon Co. says U.S. sailors and Marines on ships in the Pacific will get to watch the New England Patriots on......

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Fidelity to lay off 250 workers

10:44 AM Fri, Feb 01, 2008 | | Write a comment
By Benjamin N. Gedan    Email

BOSTON -- Fidelity Investments plans to lay off about 250 people as part of a restructuring and merger of some of the mutual fund giant's units. A spokeswoman for Boston-based Fidelity says about 100 of the jobs being lost are......

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