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June 26, 2008 Archives

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Update: Special master to oversee Landmark Medical Center operations

5:13 PM Thu, Jun 26, 2008 | | Write a comment
By Andrea Panciera    Email

PROVIDENCE -- Superior Court Judge Michael A. Silverstein approved a petition today from the Landmark Medical Center and appointed an attorney as temporary special master to oversee the financially troubled hospital's operations and consider a potential merger or sale. Jonathan......

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R.I. unemployment rate 2nd highest in country

12:17 PM Thu, Jun 26, 2008 | | Comments (3)
By Lynn Arditi    Email

Rhode Island last month posted the second-highest unemployment rate in the country, after Michigan, according to a report out today by the U.S. Bureau of Labor Statistics. Rhode Island's unemployment rate last month was 7.2 percent; Michigan's rate was 8.5......

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Rite Aid posts first-quarter loss

7:48 AM Thu, Jun 26, 2008 | | Write a comment
By John Kostrzewa    Email

Rite Aid Corp., the third-biggest U.S. drugstore chain, this morning posted its fourth straight quarterly loss after integrating the 1,800 Brooks and Eckerd locations bought last year. Rite Aid reported a net loss of $156.6 million, or 20 cents a......

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RI company headquarters moving to Louisiana

7:45 AM Thu, Jun 26, 2008 | | Write a comment
By John Kostrzewa    Email

Manufacturing company Bercen Inc. is relocating its corporate headquarters from Cranston to Livingston Parish in Louisiana. Louisiana Gov. Bobby Jindal, a Brown University graduate, said the move will bring 20 new jobs to the state, with pay averaging $90,000 per......

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