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March 29, 2009 - April 4, 2009 Archives
6:15 PM Fri, Apr 03, 2009 | Permalink |
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By Neil Downing  Email
By Neil Downing Providence Journal MoneyLine Columnist Q: I understand that all Social Security recipients will be receiving an extra check for $250 under the new stimulus package. When are those checks expected, and how will recipients who only become......
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5:57 PM Fri, Apr 03, 2009 | Permalink |
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By Neil Downing Email
By Neil Downing Providence Journal MoneyLine Columnist Q: You can take an additional standard deduction for real estate taxes on your 1040 form. What about the great many of us who use 1040EZ and already have filed? -- M.M., West......
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9:28 AM Fri, Apr 03, 2009 | Permalink |
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By Business staff Email
Actress Anne Archer, nominated for an Academy Award for her role as Michael Douglas's wife in the 1987 movie Fatal Attraction, is offering for sale a condo in Portsmouth for $1.1 million. The property in the Carnegie Abbey Sporting Estate......
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1:14 PM Thu, Apr 02, 2009 | Permalink |
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By Lisa Vernon-Sparks Email
PROVIDENCE, R.I. -- The next generation of entrepreneurs are "all digital natives," said Jack Templin of RI Nexus, an initiative that supports growth among the state's info-tech and digital media sectors. "That means someone who only knows the world on-line."......
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8:36 AM Thu, Apr 02, 2009 | Permalink |
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By Business staff Email
U.S. Sen. Jack Reed, D-RI, has circulated a draft bill that would open the door for investors to seek legal damages from credit-rating companies after the firms drew criticism for giving top grades to asset-backed debt. Investors could sue companies......
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4:06 PM Wed, Apr 01, 2009 | Permalink |
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By Paul Grimaldi Email
Elwin Electronics, of Warwick, on Wednesday announced it has merged with Massachusetts-based Tops Electronic Service Inc. to form Pinnacle Service Solutions Group Inc., combining their consumer-electronics service companies. The new company will retain the more than 200 people Elwin and......
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9:36 AM Wed, Apr 01, 2009 | Permalink |
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By Paul Grimaldi Email
Tim Hortons coffee shops will give away chicken wrap snacks Wednesday to patrons who venture into participating locations. Between 11:30 a.m. and 2 p.m., participating Tim Hortons locations will offer up free BBQ and Ranch Chicken Wrap Snackers. The snack......
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9:20 AM Wed, Apr 01, 2009 | Permalink |
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By Paul Grimaldi Email
Executives at the Denny's restaurant chain are serving up a new discount Wednesday, April 8, when its outlets will offer a buy-one-get-one free deal. Participating franchisees will offer customers a free Grand Slamwhich when they order a Grand Slam breakfast,......
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8:40 AM Wed, Apr 01, 2009 | Permalink |
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By Business staff Email
Eleven local entrepreneurs will be awarded $150,000 in grants Wednesday morning to help them start and expand their businesses. The grants will be awarded by the Greater Providence Chamber of Commerce and the City of Providence as part of the......
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4:35 PM Tue, Mar 31, 2009 | Permalink |
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By Paul Grimaldi Email
College savings program Upromise and Bank of America on Tuesday jointly introduced two credit card programs that offer rewards for people to help save money for college. The credit cards allow shoppers to earn cash back on grocery purchases. One......
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3:06 PM Tue, Mar 31, 2009 | Permalink |
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By Benjamin N. Gedan Email
The Greater Providence Chamber of Commerce and the City of Providence are giving away a total of $150,000 to 11 projects "that will expand key industries and nurture the entrepreneurial spirit of the city and state." The grants awards will......
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2:34 PM Tue, Mar 31, 2009 | Permalink |
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By C. Eugene Emery Jr. Email
Providence Journal photo / John Freidah Jim Moynihan of New Energy Alliance (left) signs a contract with Nick Wisner of National Grid to provide better electric transmission capacity for National Grid. PROVIDENCE, R.I. - National Grid inked a five-year......
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1:31 PM Tue, Mar 31, 2009 | Permalink |
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By Business staff Email
The Bank of America celebrates Women's History Month Tuesday with a ceremony at 1 Financial Plaza in Providence honoring six Rhode Island women: Lt. Gov. Elizabeth Roberts, Superior Court Judge Justice O. Rogeriee Thompson, Laurie White, president of the Greater......
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9:14 AM Tue, Mar 31, 2009 | Permalink |
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By Jack Perry Email
ATTLEBORO, Mass. (AP) -- While cultural institutions around the country struggle to attract customers being frugal in a down economy, business at the Capron Park Zoo in Attleboro is booming. Director Jean Benchimol says the zoo is on track to......
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8:49 AM Tue, Mar 31, 2009 | Permalink |
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By Business staff Email
AAER Inc., the Canadian-based wind turbine manufacturer, said this morning that it has completed the installation of a turbine in Portsmouth that is now generating electricity. "We are very pleased to have completed the installation of our second turbine in......
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7:19 AM Tue, Mar 31, 2009 | Permalink |
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By Jack Perry Email
BOSTON (AP) -- One of Boston's iconic skyscrapers could fetch half of what it cost less than three years ago when it goes on the auction block. The John Hancock Tower, New England's tallest building, is being sold Tuesday in......
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6:41 PM Mon, Mar 30, 2009 | Permalink |
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By Bruce Landis Email
A Connecticut woman has sued the Rhode Island Turnpike and Bridge Authority, accusing it of illegally favoring Rhode Islanders by making out-of-state drivers pay higher tolls to cross the Pell Bridge. David A. Darlington, chairman of the authority, said that......
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6:24 PM Mon, Mar 30, 2009 | Permalink |
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By Neil Downing Email
Rhode Island's tax climate for business would improve significantly if the state were to adopt tax changes proposed by Governor Carcieri earlier this month, according to an analysis by the Tax Foundation, which monitors fiscal policy at the federal, state......
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4:22 PM Mon, Mar 30, 2009 | Permalink |
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By Barbara Polichetti Email
Many college graduates determined to make it in the business world in years past would be looking to Wall Street as they plot their careers. But in this economy, some may be shifting their focus to the federal government. On......
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3:52 PM Mon, Mar 30, 2009 | Permalink |
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By Benjamin N. Gedan Email
Providence is the top location in Rhode Island for starting a business, according to an analysis conducted for BusinessWeek magazine. The analysis, by GIS Planning, a San Francisco-based firm that helps companies decide where to move or expand, found that......
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1:55 PM Mon, Mar 30, 2009 | Permalink |
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By C. Eugene Emery Jr. Email
PROVIDENCE, R.I. - Hold on to your wallet. The average price of regular unleaded gasoline jumped by seven cents a gallon in the last week. The Rhode Island Office of Energy Resources said its survey found the self-service price at......
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1:54 PM Mon, Mar 30, 2009 | Permalink |
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By Neil Downing Email
U.S. Rep. Jim Langevin said today he supports President Obama's efforts involving a segment of the U.S. auto industry. "I'm glad that President Obama is taking a tough stand on the reorganization of the auto industry," Langevin said in an......
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1:47 PM Mon, Mar 30, 2009 | Permalink |
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By Neil Downing Email
U.S. Sen. Jack Reed today said that the nation's economy could see sustained growth by spring. At a meeting of the Greater Providence Chamber of Commerce, Reed said the recovery is proceeding. He said he hopes that, by spring, "We're......
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1:27 PM Mon, Mar 30, 2009 | Permalink |
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By Neil Downing Email
U.S. Sen. Sheldon Whitehouse today predicted that a controversial bill involving unions does not have enough votes to pass the Senate. At a forum sponsored by the Greater Providence Chamber of Commerce, Whitehouse was asked about the Employee Free Choice......
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1:17 PM Mon, Mar 30, 2009 | Permalink |
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By Business staff Email
By Andy Smith Journal Staff Writer Channel 10, WJAR-TV, announced it will cut 12 more jobs, adding to the 12 already announced in December. Among those leaving the station will be chief meteorologist Gary Ley, weekend anchor Kelley McGee and......
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1:06 PM Mon, Mar 30, 2009 | Permalink |
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By Neil Downing Email
Rhode Island Hospital is looking overseas to fill some nursing jobs because there aren't enough job candidates in Rhode Island or elsewhere in the nation, U.S. Rep. Patrick Kennedy said today. Rhode Island Hospital is one of a number of......
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10:26 AM Mon, Mar 30, 2009 | Permalink |
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By C. Eugene Emery Jr. Email
Providence Journal photo / Bob Breidenbach John Maconi of Greystone Corporation in Lincoln LINCOLN --A high-precision machining and plating company that formerly did most of its work for the automotive industry has been awarded a three-year contract to manufacture......
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9:16 AM Mon, Mar 30, 2009 | Permalink |
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By Jack Perry Email
PROVIDENCE, R.I. -- General Treasurer Frank T. Caprio announced today that the Office of the Rhode Island General Treasurer will use Twitter to broadcast the State's daily cash flow on a real-time, daily basis. Cash flow is a measure of......
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9:08 AM Mon, Mar 30, 2009 | Permalink |
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By Jack Perry Email
PROVIDENCE, R.I. (AP) -- Governor Carcieri says Rhode Island will receive $17.2 million in federal stimulus money to help put teens to work this summer. Carcieri and legislative leaders planned to announce the funding at a State House news conference......
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8:48 AM Mon, Mar 30, 2009 | Permalink |
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By Business staff Email
The two major Boston newspapers are cutting their workforces in response to declining advertising revenue aggravated by the recession. The Boston Herald announced 24 layoffs - 13 voluntary and 11 involuntary - for a staff reduction of 6 percent. "We've......
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8:48 AM Mon, Mar 30, 2009 | Permalink |
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By Business staff Email
The two major Boston newspapers are cutting their workforces in response to declining advertising revenue aggravated by the recession. The Boston Herald announced 24 layoffs - 13 voluntary and 11 involuntary - for a staff reduction of 6 percent. "We've......
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