|
January 11, 2009 - January 17, 2009 Archives
4:05 PM Fri, Jan 16, 2009 | Permalink |
Write a  comment
By Paul Edward Parker  Email
Bird strikes such as the suspected culprit in the downing of a US Airways jetliner in New York on Thursday are a regular, though relatively rare, event at Rhode Island's main airport. A total of 38 bird strikes -- including......
|
12:54 PM Fri, Jan 16, 2009 | Permalink |
Write a comment
By Andy Smith Email
The Rhode Island Department of Environmental Management is taking applications now for about 450 summer jobs. Positions include park ranger, beach managers, lifeguards, recreational area clerks, restroom attendants. Applicants must be at least 16 years old, and in some cases......
|
8:07 AM Fri, Jan 16, 2009 | Permalink |
Write a comment
By Business staff Email
Journal photo/ Steve Szydlowski The building at 380 Westminster Street in Providence, which sold recently, houses the IRS, bankruptcy court along with the Navy and Army recruiters office. A building that houses federal offices in downtown Providence has sold......
|
7:59 AM Fri, Jan 16, 2009 | Permalink |
Comments (2)
By Business staff Email
Bank of America, the largest U.S. bank by assets, this morning posted its first loss since 1991 and cut the dividend after receiving emergency funds from the government to support the acquisition of Merrill Lynch & Co. The fourth-quarter loss......
|
7:51 AM Fri, Jan 16, 2009 | Permalink |
Write a comment
By Business staff Email
Jim Gordon, developer of the Cape Wind project off Cape Cod, has called a press briefing this afternoon to discuss a federal agency's final report on the environmental impact of the plan to build the nation's first offshore wind farm.......
|
3:57 PM Thu, Jan 15, 2009 | Permalink |
Write a comment
By Paul Edward Parker Email
As house construction has come to a virtual standstill in Rhode Island, representatives of the construction industry today joined a national campaign urging Congress to make housing a key component of a national economic stimulus plan. "If Congress takes the......
|
3:35 PM Thu, Jan 15, 2009 | Permalink |
Write a comment
By Neil Downing Email
The Rhode Island Department of Labor and Training wants to make sure it has the correct, current mailing address for the 63,000 or so people who collected unemployment benefits last year. Otherwise, they won't receive the appropriate tax form in......
|
12:11 PM Thu, Jan 15, 2009 | Permalink |
Write a comment
By Benjamin N. Gedan Email
Home supplies retailer Lowe's opened its store in Quonset today, a sign that the $144-million Gateway development is continuing despite the economic downturn. Kohl's, the other large tenant at the 72.5-acre site, was the first retailer to open at the......
|
11:46 AM Thu, Jan 15, 2009 | Permalink |
Write a comment
By Benjamin N. Gedan Email
A private equity firm has petitioned a Providence court to force The Colibri Group into recievership, a form of bankruptcy in which a court-appointed trustee sells a company's assets to pay its debt. Founders Equity SBIC filed the petition in......
|
10:52 AM Thu, Jan 15, 2009 | Permalink |
Write a comment
By Benjamin N. Gedan Email
Legislators who represent North Kingstown, where proposals to expand the state-owned Quonset port are highly unpopular, say they are "watching closely" a new legislative commission to study port development. "Given the language in a news release that accompanied the......
|
8:07 AM Thu, Jan 15, 2009 | Permalink |
Write a comment
By Business staff Email
State and tourism officials will gather at the State House in Rhode Island this afternoon to accept the "International Star Diamond Award." The award, according to state officials, represents Rhode Island's achievement in the tourism and hospitality industry.......
|
7:54 AM Thu, Jan 15, 2009 | Permalink |
Write a comment
By Business staff Email
Providence-based LIN TV Corp., the broadcasting company that owns WPRI (Channel 12) said it received notice from the New York Stock Exchange that it is not meeting certain requirements to continue to be listed on the New York Stock Exchange.......
|
2:31 PM Wed, Jan 14, 2009 | Permalink |
Write a comment
By Neil Downing Email
More taxpayers will be eligible to file their federal income-tax returns electronically this year through the Internal Revenue Service's Free File program, the IRS said today. If your adjusted gross income (AGI) was $56,000 or less for 2008, you'll be......
|
2:22 PM Wed, Jan 14, 2009 | Permalink |
Write a comment
By Benjamin N. Gedan Email
Rite-Solutions, a Middletown software company, is trying to convince a group of schools in Georgia to try out its new, futuristic system for monitoring school buses. The price tag for participating in the experiment: $10 million. Rite-Solutions is one......
|
2:21 PM Wed, Jan 14, 2009 | Permalink |
Write a comment
By Neil Downing Email
Most companies that offer tax preparation software programs have eliminated the separate fees they charge for electronic filing, a top Internal Revenue Service official said. In past years, off-the-shelf software programs typically allowed consumers to prepare their returns, but charged......
|
1:59 PM Wed, Jan 14, 2009 | Permalink |
Write a comment
By Neil Downing Email
Can't wait to file your federal income tax return? On Friday, the Internal Revenue Service will begin accepting returns filed electronically from Rhode Island and other states. "This Friday, we open the doors on the filing season," said David Williams,......
|
8:49 AM Wed, Jan 14, 2009 | Permalink |
Write a comment
By Business staff Email
Richard Schloesser has been appointed the new chief executive officer of Toray Plastics (America), Inc., based in North Kingstown. He has been with Toray since 1990 and is the first American to hold the company's highest-ranking position. Schloesser most recently......
|
8:29 AM Wed, Jan 14, 2009 | Permalink |
Write a comment
By Business staff Email
Southwest Airlines Co., the biggest passenger carrier at T.F. Green Airport, won a 78 percent cut in a $9 million damage award to bounty hunters arrested for flying armed on the largest low-fare carrier after getting its permission to bring......
|
8:22 AM Wed, Jan 14, 2009 | Permalink |
Write a comment
By Business staff Email
Woonsocket-based CVS Caremark Corp. (CVS:NYSE) yesterday approved an increase in its quarterly dividend to 7.625 cents per common share, payable February 3 to shareholders on Jan. 23. The increase translates into an annual rate of 30.5 cents per share, up......
|
3:17 PM Tue, Jan 13, 2009 | Permalink |
Comments (2)
By Paul Edward Parker Email
The federal Department of Housing and Urban Development has awarded $13.2 million in affordable housing grants for four projects in Coventry, Warwick and Westerly, Sen. Jack Reed announced. "This federal aid is targeted to help vulnerable citizens with limited resources......
|
2:37 PM Tue, Jan 13, 2009 | Permalink |
Write a comment
By Benjamin N. Gedan Email
With Rhode Island suffering from one of the country's highest rates of unemployment, the Economic Policy Council , Governor Carcieri's top economic advisors, will meet tomorrow at 10 a.m. Carcieri is scheduled to discuss the "current economic conditions" and his......
|
11:52 AM Tue, Jan 13, 2009 | Permalink |
Write a comment
By Benjamin N. Gedan Email
In an interview with The Providence Journal yesterday, Mohegan Sun's chief executive officer, Mitchell Etess, said it was not only the recession hurting the casino's bottom line. Expansions at Foxwoods, Twin River and elsewhere, Etess said, have been siphoning customers......
|
11:37 AM Tue, Jan 13, 2009 | Permalink |
Write a comment
By Business staff Email
Amgen Inc., the California-based biotechnology company that runs a plant in West Greenwich, plans to sell 10- and 30-year notes as soon as today, according to Bloomberg News. The senior debt will contain a so-called poison put that would allow......
|
11:21 AM Tue, Jan 13, 2009 | Permalink |
Write a comment
By Benjamin N. Gedan Email
A youth hockey tournament that begins tomorrow in Rhode Island is expected to draw 3,000 players and fans, giving a boost to local hotels and restaurants struggling from the economic downturn. The Providence Warwick Convention & Visitors Bureau says the......
|
7:26 AM Tue, Jan 13, 2009 | Permalink |
Write a comment
By Business staff Email
U.S. Rep. Patrick J. Kennedy, D-RI, will meet with job seekers at the Providence netWORKri Career Center today and discuss improved accountability from financial institutions for the second installment of the Troubled Asset Relief Program. Kennedy said he is sending......
|
7:20 AM Tue, Jan 13, 2009 | Permalink |
Write a comment
By Business staff Email
Rogers Corp., based in Rogers, Conn, today revised guidance for the fourth quarter that ended Dec. 31. Rogers (ROG:NYSE) now projects fourth quarter net sales of $78 to $79 million compared to the Oct. 31 guidance report of $88 to......
|
3:15 PM Mon, Jan 12, 2009 | Permalink |
Write a comment
By Neil Downing Email
Some Massachusetts taxpayers will be able to file their state income-tax returns online, at no charge, this season. The Massachusetts Department of Revenue today brought back its free online filing program, which was mothballed several years ago. At the same......
|
3:02 PM Mon, Jan 12, 2009 | Permalink |
Write a comment
By Neil Downing Email
It's not your imagination. Gasoline prices in Rhode Island are inching up. The average price of a gallon of regular, self-serve gasoline today is about $1.78, according to a survey by the state Office of Energy Resources. That's up about......
|
2:47 PM Mon, Jan 12, 2009 | Permalink |
Write a comment
By Paul Grimaldi Email
Financially strapped mall owner General Growth Properties Inc. is shopping around Providence Place mall to help cut its $27-billion debt, a company spokesman told The Providence Journal. General Growth began marketing the mall for sale amid last month's Christmas rush,......
|
8:23 AM Mon, Jan 12, 2009 | Permalink |
Write a comment
By Business staff Email
Bank of America Corp. may post a $3.6 billion loss in the fourth quarter and slash its quarterly dividend, Citigroup analyst Keith Horowitz said this morning. Bank of America is likely to post a loss of 75 cents a share,......
|
8:19 AM Mon, Jan 12, 2009 | Permalink |
Write a comment
By Business staff Email
Officials at the Mohegan Sun casino say they will be reducing the pay of all 9,800 employees but will avoid layoffs in new cost-cutting moves spurred by declining revenues. The Mohegan Tribal Gaming Authority announced Sunday that it will cut......
|
|
Tags
airport
birds
T.F. Green Airport
New photos
New posts
Projo blogs
Archives