Projo Biz Blog

February 21, 2008 Archives


Hasbro tripped up by Middle East politics

1:54 PM Thu, Feb 21, 2008 | | Comments (1)
By Benjamin N. Gedan    Email

Associated Press Photo An actor plays Mr. Monopoly at the American International Toy Fair in New York, last week. PAWTUCKET -- Hasbro has found itself caught up in the Middle East conflict, after an employee eliminated the word "Israel"......

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Megayacht popularity bodes well for Quonset project

12:05 PM Thu, Feb 21, 2008 | | Write a comment
By Benjamin N. Gedan    Email

The popularity of so-called megayachts is apparently growing, despite the economic slowdown in the U.S., according to an ABC News report. That's good news for the state-owned Quonset Business Park, which is setting aside 32 acres on the Rhode Island......

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Alexion CEO profits from stock sale

11:43 AM Thu, Feb 21, 2008 | | Write a comment
By Benjamin N. Gedan    Email

The CEO of Alexion Pharmaceuticals, Leonard Bell, is benefiting from the rise in the company's stock price. Bell recently exercised options for 12,000 shares of Alexion stock under a prearranged trading plan, the Associated Press reported. In a filing with......

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Job-training grants awarded in Rhode Island

9:35 AM Thu, Feb 21, 2008 | | Comments (1)
By John Kostrzewa    Email

Seventy-seven businesses, non-profit organizations and other institutions will share $1.59 million in state grants that will provide on-the-job training for 3,500 workers in Rhode Island. Because the grants, awarded by the Governor’s Workforce Board RI, require matching contributions from participating......

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Housing executive outlines plans to curb foreclosures

9:27 AM Thu, Feb 21, 2008 | | Write a comment
By John Kostrzewa    Email

Nicolas P. Retsinas, former head of the Rhode Island Housing & Mortgage Finance Corporation and current director of Harvard University’s Joint Center for Housing Studies, recently spoke in Providence about three ways the federal government can help stem the nationwide......

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