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May 3, 2009 - May 9, 2009 Archives
5:14 PM Fri, May 08, 2009 | Permalink |
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By Paul Grimaldi  Email
Bloomberg News photo Tourists and a downtown Boston lunch crowd gather at the Faneuil Hall Marketplace in Boston, Mass. A unit of Wells Fargo Bank on Thursday asked a federal judge to pull Boston's Faneuil Hall Marketplace out of......
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4:56 PM Fri, May 08, 2009 | Permalink |
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By Alan Rosenberg Email
By Barbara Polichetti Journal Staff Writer WARWICK --- Police say they are investigating the closure of Strand Jewelers and resultant complaints from customers, some of whom say the business shut its doors without returning jewelry they had left there for......
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4:53 PM Fri, May 08, 2009 | Permalink |
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By News staff Email
The state Turnpike and Bridge Authority says it has a hit on its hands: the EZ Pass transponders that let people pay their Pell Bridge tolls electronically. The authority's board chairman, David Darlington, said it has sold more than 52,000......
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4:07 PM Fri, May 08, 2009 | Permalink |
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By C. Eugene Emery Jr. Email
EAST GREENWICH, R.I. -- Despite a unanimous rebuke from the Planning Board, the developer of a controversial Walgreens drug store proposed for the corner of Main Street and First Avenue wants to move ahead with the project. Town Planning Director......
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2:57 PM Fri, May 08, 2009 | Permalink |
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By Paul Grimaldi Email
Shoppers who have working consumer electronic devices, from digital cameras to wireless phones, can use them to get discounts on new RadioShack products. Fort Worth-based RadioShack, which had a trade-in program operating online, decided to expand the program to its......
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2:06 PM Fri, May 08, 2009 | Permalink |
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By Paul Grimaldi Email
Restaurants are extending price breaks on meals as they continue dealing with weak consumer spending, which has plagued the industry for more than a year. Applebee's is adding more menu items to its months-old 2-for-$20 promotion, after more casual-dining competitors......
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12:24 PM Fri, May 08, 2009 | Permalink |
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By Paul Grimaldi Email
Touchstone Crystal Inc., of Cranston, on Friday said it has acquired a California-based direct sales frim for an undisclosed amount. Based in California, Little Black Dress Fashion Jewelry Collection Inc., was started in 2004 as a company to sell to......
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12:10 PM Fri, May 08, 2009 | Permalink |
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By Alan Rosenberg Email
By Christine Dunn Journal Staff Writer One of the six historic Colin C. Baker townhouses in Providence -- the one at 422 Broadway -- will go on the block next Wednesday, May 13 in a foreclosure auction to be held......
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9:15 AM Fri, May 08, 2009 | Permalink |
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By Jack Perry Email
PORTLAND, Maine (AP) -- The lobster population is at an all-time high off the Maine coast but is faring poorly in southern New England, according to a new report. The stock assessment mirrors what lobstermen have seen in recent years:......
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8:32 AM Fri, May 08, 2009 | Permalink |
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By Business staff Email
Royal Bank of Scotland, owner of Providence-based Citizens Financial Group, on Friday reported a first-quarter loss of $1.29 billion as writeoffs from the financial crisis increased despite a jump in revenues, and warned the next two years would be difficult.......
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5:52 PM Thu, May 07, 2009 | Permalink |
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By Neil Downing Email
The state Division of Taxation has used sophisticated new technology to collect nearly $2 million in back taxes from individuals - and is now setting its sights on delinquent corporations. With money from the General Assembly, and backing from Governor......
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5:03 PM Thu, May 07, 2009 | Permalink |
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By Paul Grimaldi Email
An association of state lawmakers asked the U.S. Federal Trade Commission on Thursday to review its approval of CVS Corp.'s 2007 purchase of pharmacy-benefit manager Caremark Rx Inc., saying there was evidence of "harmful and deceptive conduct." At the time......
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4:09 PM Thu, May 07, 2009 | Permalink |
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By C. Eugene Emery Jr. Email
PROVIDENCE, R.I. -- Paul Roberti, who has overseen public utility and regulatory matters in the Attorney General's office since 1997, has been named by Governor Carcieri to the three-member Public Utilities Commission. He replaces Robert Holbrook, whose term expired in......
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1:35 PM Thu, May 07, 2009 | Permalink |
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By C. Eugene Emery Jr. Email
EAST GREENWICH, R.I. -- The prognosis for a Walgreens drug store at the corner of Main Street and First Avenue is looking grim. The Planning Board voted 7-to-0 Wednesday night to reject a developer's master plan for the project and......
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12:31 PM Thu, May 07, 2009 | Permalink |
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By Benjamin N. Gedan Email
The Providence Journal / Frieda Squires Bonnie, one of the goats at Simmons Farm in Middletown, sticks her head out to greet visitors. Providence Journal environmental writer Peter B. Lord reports Thursday that doctors and dollar store owners are......
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12:18 PM Thu, May 07, 2009 | Permalink |
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By Jack Perry Email
By Steve Peoples Journal State House Bureau PROVIDENCE, R.I. -- The bottom is in sight, but Rhode Island's economy still has a long way to go before it begins to recover, according to the testimony provided at the State House......
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11:41 AM Thu, May 07, 2009 | Permalink |
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By Jack Perry Email
By Tatiana Pina Journal staff writer SCITUATE, R.I. -- The Bank of America branch on 135 Danielson Pike will close July 24, according to a bank spokeswoman. The closing is part of a consolidation, said Anne Pace, the bank spokeswoman.......
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5:45 PM Wed, May 06, 2009 | Permalink |
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By Neil Downing Email
Starting tomorrow, more than 200,000 Rhode Islanders will begin receiving one-time payments of $250 apiece from the federal government to help stimulate the nation's economy. The payments will be distributed throughout the month to people who receive Social Security benefits......
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2:50 PM Wed, May 06, 2009 | Permalink |
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By C. Eugene Emery Jr. Email
EAST GREENWICH, R.I. -- The Town Council is to vote Wednesday (tonight) on whether to endorse General Assembly legislation that would eliminate the requirement that school committees publish their meeting agendas in newspapers. School Committee Chairwoman Jean Ann Guliano has......
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2:12 PM Wed, May 06, 2009 | Permalink |
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By Jack Perry Email
TIVERTON, R.I. -- VeroScience LLC, a privately held biotechnology and healthcare development company in Tiverton, has received U.S. Food and Drug Administration approval of a drug it has developed for treating Type 2 diabetes,, the company announced Wednesday morning. Cycloset......
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1:53 PM Wed, May 06, 2009 | Permalink |
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By News staff Email
PROVIDENCE, R.I. -- Owners of the Twin River greyhound track and slot parlor decided on Wednesday to suspend live racing on Aug. 8 -- instead of May 31 -- to remove any doubt they have conducted the minimum number of......
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1:31 PM Wed, May 06, 2009 | Permalink |
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By Jack Perry Email
By Christine Dunn Journal staff writer Johnson & Wales University announced Wednesday that it has signed a three-year agreement with Capitol Cove LLC to lease 96 newly constructed condominiums on Canal Street in Providence for use as student housing. Robert......
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7:44 AM Wed, May 06, 2009 | Permalink |
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By Jack Perry Email
By Mark Pratt Associated Press Writer BOSTON (AP) -- The Boston Globe and its largest employees union reached a tentative agreement early Wednesday morning on concessions that will keep the 137-year-old newspaper publishing, the union president said. The breakthrough came......
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7:40 AM Wed, May 06, 2009 | Permalink |
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By Jack Perry Email
By Maria Armental Journal staff writer PROVIDENCE, R.I. -- The Senate Women's Caucus has launched its biennial clothing drive to benefit workers who have completed job training but need appropriate clothing. "They have completed lengthy training sessions and gone on......
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11:53 AM Tue, May 05, 2009 | Permalink |
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By Paul Grimaldi Email
Coffee shop chains are making their pitches for profits as they roll out their warm-weather offerings to thirsty Americans. Dunkin' Donuts is offering free "turbo" shots in iced coffee drinks purchased now through June 7. The "turbo" is a few......
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11:42 AM Tue, May 05, 2009 | Permalink |
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By Paul Grimaldi Email
Woonsocket-based CVS Caremark Corp. raised its 2009 profit forecast Tuesday as it expects greater revenue from its pharmacy benefits management business and the outlets it acquired from Longs Drug Stores Corp. in August. In a conference call Tuesday morning, CVS......
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11:27 AM Tue, May 05, 2009 | Permalink |
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By Benjamin N. Gedan Email
Texas A&M has confirmed its hiring of Jeffrey R. Seemann, dean of the College of Environment and Life Sciences at the University of Rhode Island and a key advocate of the state's biotechnology sector. The Providence Journal reported on Monday......
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10:20 AM Tue, May 05, 2009 | Permalink |
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By News staff Email
PROVIDENCE, R.I. -- The 20th-annual Business Expo, hosted by the Greater Providence Chamber of Commerce, opens at the Rhode Island Convention Center at 9:30 a.m. Tuesday, followed at 10:30 a.m. by the keynote address by Doris Kearns Goodwin. The historian......
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8:04 AM Tue, May 05, 2009 | Permalink |
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By Business staff Email
Woonsocket-based CVS Caremark Corp., the largest U.S. drug-store chain, reported first-quarter earnings that exceeded analysts' estimates by 1 cent. Net income fell to $738.4 million, or 50 cents a share, from $745 million, or 51 cents, the company said Tuesday.......
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3:48 PM Mon, May 04, 2009 | Permalink |
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By News staff Email
By Benjamin N. Gedan Journal Staff Writer Jeffrey R. Seemann, dean of the College of Environment and Life Sciences at the University of Rhode Island, has accepted a position at Texas A&M University. He plans to leave URI on July......
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2:02 PM Mon, May 04, 2009 | Permalink |
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By C. Eugene Emery Jr. Email
PROVIDENCE, R.I. -- Motorists have been getting a breather from the steady increase in gasoline prices, according to the Rhode Island Office of Energy Resources' weekly survey. On Monday it reported that the average price of regular unleaded self-serve gasoline......
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1:17 PM Mon, May 04, 2009 | Permalink |
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By Jack Perry Email
WARWICK -- About a dozen people in danger of losing their gas or electricity service carried shutoff notices to the state Public Utilities Commission Monday. "I have no way of paying anything," said Kevin Leclerc, a jobless tractor-trailer driver in......
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12:32 PM Mon, May 04, 2009 | Permalink |
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By Business staff Email
A.H. Belo Corp., owner of The Dallas Morning News and The Providence Journal, reported on Monday a first quarter net loss of $103.1 million, or $5.03 a share, compared with a net loss of $8.7 million or 43 cents a......
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12:01 PM Mon, May 04, 2009 | Permalink |
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By Benjamin N. Gedan Email
If the job security promised by a projected shortfall of 1,800 registered nurses by 2010 is not enough to persuade Rhode Islanders to go into the field, consider this: among occupations with employment of more than 2 million, the......
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11:42 AM Mon, May 04, 2009 | Permalink |
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By Benjamin N. Gedan Email
Despite the economic downturn, pay for state and local government workers across the country rose by 3 percent over the past year, compared to a 2-percent increase for private sector workers, the U.S. Bureau of Labor Statistics has reported. In......
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11:05 AM Mon, May 04, 2009 | Permalink |
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By Neil Downing Email
Larry Lucchino, president and CEO of the Boston Red Sox, will be the feature speaker at Bryant University's graduation-day ceremonies May 16. Lucchino will also receive an honorary doctor of humane letters degree from Bryant. The undergraduate commencement is to......
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10:57 AM Mon, May 04, 2009 | Permalink |
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By Jack Perry Email
Gasoline prices in Rhode Island have increased for three straight weeks, according to AAA Southern New England. The average price for a gallon of regular unleaded gasoline increased two cents last week to $2.10 per gallon, according to AAA's weekly......
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10:46 AM Mon, May 04, 2009 | Permalink |
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By Benjamin N. Gedan Email
Marc Crisafulli, a member of a panel that studied the state Economic Development Corporation, is calling for major changes to the "macro-economic environment in Rhode Island," including the "business climate, tax policy and education." The findings of the study panel,......
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9:31 AM Mon, May 04, 2009 | Permalink |
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By Jack Perry Email
BOSTON (AP) -- The Boston Globe's largest workers union and the newspaper have finished all-night contract-concession talks without a deal, but will go back to the bargaining table. Cosmo Macero, a spokesman for the Newspaper Guild, says the union and......
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