Projo Biz Blog

June 23, 2008 Archives


New supermarket to open at Quonset

3:14 PM Mon, Jun 23, 2008 | | Write a comment
By John Kostrzewa    Email

Dave’s Marketplace, a locally owned and managed supermarket, will open a store in the Quonset Gateway in North Kingstown. The 23,000 square foot Dave’s Marketplace will be built into the retail space of the mixed use Gateway project which, when......

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Big Dig contractor accused of lying files for bankruptcy protection

1:47 PM Mon, Jun 23, 2008 | | Write a comment
By Andrea Panciera    Email

BOSTON — Big Dig contractor Modern Continental Co. has filed for bankruptcy protection, the first business day after federal prosecutors charged the company with lying about its work on the massive project. The contractor made a Chapter 11 filing Monday......

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Massachusetts house sales pick up in May

11:40 AM Mon, Jun 23, 2008 | | Write a comment
By Lynn Arditi    Email

The pace of house sales in Massachusetts picked up in May, as prices continued to fall, according to a report out today from the Massachusetts Association of Realtors. The number of single-family houses sold rose to 3,491, up 24.5 percent......

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R.I. gas prices slip a penny

11:29 AM Mon, Jun 23, 2008 | | Write a comment
By John Kostrzewa    Email

Gasoline prices in Rhode Island slipped a penny in the last week to average $4.10 a gallon, the first decline since late March, according to a AAA Southern New England survey released today. Prices had previously risen for 12 straight......

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Reporter's query: Seeking new converts to carpooling to save gas

10:40 AM Mon, Jun 23, 2008 | | Write a comment
By Andrea Panciera    Email

Have you recently begun carpooling to work as a way to save on gasoline costs? We're interested in hearing from you for a possible Providence Journal story. Please contact The Journal's energy writer, Tim Barmann at tbarmann@projo.com.......

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Hanaway honored in Indiana

9:34 AM Mon, Jun 23, 2008 | | Write a comment
By John Kostrzewa    Email

Cumberland native Paul E. Hanaway was honored posthumously in Carmel, Indiana, where a new, 130,000-square-foot building was dedicated in his honor by the Midwest ISO, a non-profit organization for which he was the vice chairman from 1999 to 2005. “The......

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Bond rating lowered for Westerly Hospital

9:13 AM Mon, Jun 23, 2008 | | Write a comment
By John Kostrzewa    Email

The bond rating for $10.6 million of 1994 bonds sold for Westerly Hospital and issued by the Rhode Island Health and Educational Facilities Building Corp. has been lowered to ’BB-’ from ’BB’ by Standard & Poor’s Ratings Services. The downgrade......

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