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June 27, 2008 Archives

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Feds uphold Mass. denial of Fall River LNG approval

3:00 PM Fri, Jun 27, 2008 | | Comments (1)
By Tim Barmann    Email

The U.S. Department of Commerce today upheld a decision by Massachusetts regulators to deny approval for the liquefied natural gas terminal planned by Weaver's Cove Energy LLC in Fall River. The decision is another blow for company, which has been......

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Feds OK 5-year extension for Fall River LNG plan

1:10 PM Fri, Jun 27, 2008 | | Write a comment
By Tim Barmann    Email

Federal regulators today approved a request by Weaver's Cove Energy LLC to extend by five years the company's conditional permit to build a liquefied LNG facility in Fall River. The Federal Energy Regulatory Commission approved the extension after one was......

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Governor to sign 'reverse' mortgage legislation

11:41 AM Fri, Jun 27, 2008 | | Write a comment
By Lynn Arditi    Email

Governor Carcieri is scheduled to hold a ceremonial signing at the State House at 3 p.m. today for legislation designed to improve consumer protections against the risks of "reverse" mortgages. Reverse mortgages allow cash-strapped homeowners age 62 or older who......

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Foxwoods Resort Casino lays off 200 workers

11:37 AM Fri, Jun 27, 2008 | | Write a comment
By Paul Grimaldi    Email

The tribe that owns the Foxwoods Resort Casino says nearly 200 employees have been laid off. A spokeswoman for the Mashantucket Pequots says the layoffs of middle managers and some hourly employees are part of what she calls a strategic......

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Governor vetoes key renewable energy legislation

10:58 AM Fri, Jun 27, 2008 | | Write a comment
By Tim Barmann    Email

Governor Carcieri has vetoed a key renewable energy bill passed by the General Assembly that was designed to foster private investment in major renewable energy projects and shift the state away from its reliance on traditional fossil fuels. The bill......

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