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June 2009 Archives
6:39 PM Tue, Jun 30, 2009 | Permalink |
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By Barbara Polichetti  Email
CRANSTON, R.I. - The location will be the same but the name will be slightly different on Wednesday as officials gather at the Coastway branch at 1155 Reservoir Ave. to celebrate the financial institution's conversion from a credit union to......
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6:22 PM Tue, Jun 30, 2009 | Permalink |
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By C. Eugene Emery Jr. Email
WARWICK, R.I - Boat World, the large boating dealership on West Shore Road in Warwick, is no more. On Saturday, most of its inventory was sold at auction. This winter, Power Brokers Inc., which did business under the Boat World......
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6:17 PM Tue, Jun 30, 2009 | Permalink |
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By C. Eugene Emery Jr. Email
EAST GREENWICH, R.I. - Consumers lined up for Beanie Babies. They waited for days for the iPhone. A hot baseball card can be worth hundreds, sometimes thousands, of dollars. But if you think sneakers aren't equally collectible, think again. Tuesday......
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5:30 PM Tue, Jun 30, 2009 | Permalink |
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By Paul Grimaldi Email
Following the lead of automakers and other companies, Sears (SHLD:NYSE) said Tuesday it's starting a buyer-protection prgram for customers who lose a job after buying a home appliance at the national retail chain. The program runs from Monday through Aug.......
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5:26 PM Tue, Jun 30, 2009 | Permalink |
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By News staff Email
Brown University is partnering with the Draper Laboratory, in Cambridge, Mass., to strengthen its energy research, the university announced Tuesday. Scientists from the nonprofit laboratory have already joined Brown professors in writing applications for federal funding to support a variety......
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2:05 PM Tue, Jun 30, 2009 | Permalink |
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By Paul Grimaldi Email
Three businesses were chosen Tuesday morning to represent businesses owed money by the Twin River slot parlor in the Lincoln gambling hall's high-profile bankruptcy case. Overwhelmed by more than a half-billion dollars in debt, Twin River's owners agreed to turn......
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11:58 AM Tue, Jun 30, 2009 | Permalink |
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By Business staff Email
GTECH Printing Corp., a unit of Providence-based GTECH Corp., said on Tuesday the Arizona Lottery has chosen GTECH Printing for instant-ticket printing services. The five-year contract will start January 14, 2010, and provides for five one-year extension options. Other terms......
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7:19 AM Tue, Jun 30, 2009 | Permalink |
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By Business staff Email
A group backed by unions said it will present the findings of a survey to 39 state attorneys general alleging that CVS Caremark Corp. is selling expired over-the-counter drugs, infant formula and dairy products. Change to Win, a Washington-based group......
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6:39 PM Mon, Jun 29, 2009 | Permalink |
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By Maria Armental Email
By Steve Peoples State House Bureau PROVIDENCE, R.I. -- The Internet giant Amazon.com has severed ties with all Rhode Island businesses, a move intended to shield the massive online retailer from the General Assembly's push to begin taxing some online......
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6:16 PM Mon, Jun 29, 2009 | Permalink |
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By Neil Downing Email
A group of unemployed workers met with officials of the state Department of Labor and Training on Monday mainly to seek more help in obtaining jobs and faster processing of claims for unemployment benefits. The two-hour meeting, at the agency's......
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2:13 PM Mon, Jun 29, 2009 | Permalink |
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By Paul Grimaldi Email
The Twin River bankruptcy filing on June 23 has put a number of businesses in scramble mode as they try to collect money owed them by the racino, including the company hired to help find a buyer for the Lincoln......
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1:29 PM Mon, Jun 29, 2009 | Permalink |
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By Paul Grimaldi Email
Providence Journal photo / Steve Szydlowski The Providence Watch Hospital in Cranston was closed on Monday, following the receivership filing of its parent company, Speidel, on Friday. PROVIDENCE -- A state receivership filing made late Friday means the shuttering......
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10:00 AM Mon, Jun 29, 2009 | Permalink |
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By Jack Perry Email
PROVIDENCE, R.I. -- Gasoline prices in Rhode Island fell by a penny this week, the first time gas prices have fallen in 11 weeks, according to AAA Southern New England. The average price for a gallon or regular unleaded gasoline......
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5:50 PM Fri, Jun 26, 2009 | Permalink |
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By Benjamin N. Gedan Email
Speidel, a 105-year-old Providence jeweler, filed for bankruptcy late Friday. The case will be heard on July 16 by Judge Michael A. Silverstein in Superior Court, Providence. Speidel has had several owners in its long history. The most recent was......
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3:51 PM Fri, Jun 26, 2009 | Permalink |
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By News staff Email
By Alex Kuffner Journal Staff Writer WARWICK, R.I. -- Governor Carcieri on Friday signed into law legislation that could pave the way for off-shore wind farms in Rhode Island. The bill, passed by both chambers of the General Assembly earlier......
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9:03 AM Fri, Jun 26, 2009 | Permalink |
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By Business staff Email
Pawtucket has retained its A3 bond rating set by Moody's Investment Services. City officials were expecting the rating to be lowered because of the recession but Moody's cited the city's cost cutting efforts in light of declining state aid in......
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7:00 AM Fri, Jun 26, 2009 | Permalink |
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By Neil Downing Email
Attorney General Patrick C. Lynch has formed a working group with officials from seven other states to make sure that FedEx Corp., based in Memphis, Tenn., follows state laws involving the proper classification of workers. The group sent a letter......
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5:15 PM Thu, Jun 25, 2009 | Permalink |
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By C. Eugene Emery Jr. Email
PROVIDENCE, R.I. -- Members of the Rhode Island carpenters union Local 94, have ended their strike against the association representing state's major building contractors after the contractors agreed to shorten the term of a new agreement. Over the weekend, the......
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3:29 PM Thu, Jun 25, 2009 | Permalink |
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By News staff Email
Governor Carcieri is set to sign key legislation for Rhode Island's emerging renewable energy industry at a green economy roundtable Friday morning. The governor will sign a bill that will allow electricity utility National Grid to set up long-term contracts......
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2:18 PM Thu, Jun 25, 2009 | Permalink |
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By Alex Kuffner Email
PROVIDENCE -- The House of Representatives has restored most of a proposed 50 percent cut in funding to the Rhode Island Economic Development Corporation. As part of its vote early this morning in favor of a $7.76-billion state budget for......
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10:58 AM Thu, Jun 25, 2009 | Permalink |
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By Paul Grimaldi Email
Businesses owed money by the owners of the Twin River slot parlor will gather in Providence on Tuesday to meet with the U.S. trustee administering the high-profile bankruptcy. Overwhelmed by more than a half-billion dollars in debt, Twin River's owners......
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9:20 AM Thu, Jun 25, 2009 | Permalink |
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By Business staff Email
Picerne Real Estate Group, of Warwick, is planning a three-year $26 million renovation and redevelopment program for its multi-family apartment properties in Rhode Island. The project will include interior and exterior modernization as well as upgrades to life and......
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5:17 PM Wed, Jun 24, 2009 | Permalink |
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By Benjamin N. Gedan Email
Providence Journal photo / Kathy Borchers Tina Baker searches for a job at the netWORKri career center in Pawtucket in December 2008. PROVIDENCE, R.I. -- The state is growing the staff at the public career centers, where unemployed Rhode......
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2:57 PM Wed, Jun 24, 2009 | Permalink |
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By Neil Downing Email
Employee misclassification is a serious problem in Rhode Island, leaving workers vulnerable, denying the state significant revenues, and harming legitimate business owners who play by the rules. Those are some of the findings issued today by a legislative panel, called......
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10:23 AM Wed, Jun 24, 2009 | Permalink |
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By Jack Perry Email
AAA says fewer Americans will travel this Fourth of July holiday weekend because people are still uncertain about the strength of the economy. The number of Americans traveling will decrease 1.9 percent from 2008 with about 37.1 million travelers taking......
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5:40 PM Tue, Jun 23, 2009 | Permalink |
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By C. Eugene Emery Jr. Email
PROVIDENCE, R.I. -- Members of the Rhode Island carpenters union Local 94 have stopped showing up at many commercial and industrial work sites after its members overwhelmingly rejected a proposal over the weekend by the Rhode Island Chapter of the......
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2:39 PM Tue, Jun 23, 2009 | Permalink |
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By Paul Grimaldi Email
The parent company of retailers T.J. Maxx and Marshalls will pay $9.75 million in a settlement with Rhode Island and 40 other states in connection with a massive data theft that exposed tens of millions of credit and debit card......
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2:13 PM Tue, Jun 23, 2009 | Permalink |
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By Philip Marcelo Email
Rhode Islanders who took advantage of free tax preparation services offered by the United Way of Rhode Island and the IRS's Volunteer Income Tax Assistance (VITA) program obtained more than $11 million in tax credits and savings this past tax-filing......
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2:58 PM Mon, Jun 22, 2009 | Permalink |
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By C. Eugene Emery Jr. Email
PROVIDENCE, R.I. -- The city agency that is state's largest supplier of water has asked an oversight agency for permission to hike residential water rates by 10.1 percent. However the request by the Providence Water Supply Board, filed at the......
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2:30 PM Mon, Jun 22, 2009 | Permalink |
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By News staff Email
Rhode island's unemployment rate of 12.1 percent for May puts the state in a tie for the third highest rate in the country. Highest is Michigan, at 14.1 percent, followed by Oregon at 12.4 percent, then Rhode Island and South......
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2:10 PM Mon, Jun 22, 2009 | Permalink |
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By Jack Perry Email
By Paul Edward Parker Journal staff writer The number of single-family houses sold in May showed a small increase from the same month a year ago, but prices remained sharply lower, according to figures made public Monday by the Rhode......
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1:28 PM Mon, Jun 22, 2009 | Permalink |
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By Barbara Polichetti Email
PROVIDENCE, R.I. -- It's been reincarnated and redecorated numerous times, but Roma foods has been part of the Atwells Avenue business district and a presence on the Federal Hill food scene for decades. Now, apparently, it's gone. The doors of......
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12:41 PM Mon, Jun 22, 2009 | Permalink |
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By C. Eugene Emery Jr. Email
PROVIDENCE, R.I. -- The gasoline price picture is turning out to be as gloomy as the weather. Self-service regular prices rose another 4 cents over the past week, to $2.72 per gallon, according to the state's weekly survey of 13......
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9:00 AM Mon, Jun 22, 2009 | Permalink |
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By Business staff Email
Two publicly-traded companies based in Rhode Island will be included on June 26 in the Russell 3000 Index, a stock index widely-used by investment managers and institutional investors as a benchmark for stock market movements. The companies are Bancorp Rhode......
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8:50 AM Mon, Jun 22, 2009 | Permalink |
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By Business staff Email
James G. Connolly, president of Providence-based Citizens Financial Group, has decided to leave the company, according to the company. Robert D. Matthews Jr., a vice chairman of Citizens, will assume Connolly's responsibilities overseeing commercial banking. Matthews will be based in......
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8:33 AM Mon, Jun 22, 2009 | Permalink |
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By Jack Perry Email
By Alan Rosenberg Assistant Managing Editor for Breaking News Hot out of the restaurant oven, its sweet, dense dough covered with tart slices of baked apple, then topped with a thick better-than-syrup Saigon cinnamon glaze. When I was growing up,......
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6:09 PM Fri, Jun 19, 2009 | Permalink |
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By News staff Email
Anti-poverty activist Henry Shelton, head of the George Wiley Center in Pawtucket, is calling on the state Public Utilties Commission to impose a "hardship moratorium" on utility shutoffs for any Rhode Island household in foreclosure or experiencing a job loss.......
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2:40 PM Fri, Jun 19, 2009 | Permalink |
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By Barbara Polichetti Email
PROVIDENCE -- Apparently the lure of new gadgetry wins even in tough economic times. People lined up outside the Apple Store at Providence Place Mall Friday to be among the first to purchase the latest version of the popular iPhone.......
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11:04 AM Fri, Jun 19, 2009 | Permalink |
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By Paul Grimaldi Email
Food manufacturer Nestle USA on Friday voluntarily recalled its Toll House refrigerated cookie dough products after illnesses were reported by people who ate the dough raw. The company said the Food and Drug Administration and the Centers for Disease Control......
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10:54 AM Fri, Jun 19, 2009 | Permalink |
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By Jack Perry Email
The Ross-Simons company of Cranston Friday debuted a jewelry line under the signature of former supermodel Christie Brinkley. The Christie Brinkley Collection is a line of silver and gold jewelry set with stones such as turquoise and coral that Ross-Simons......
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8:37 AM Fri, Jun 19, 2009 | Permalink |
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By Business staff Email
Rhode Island has been granted $3.6 million in federal Trade Adjustment Assitance to help workers who lost their jobs due to outsourcing and foreign trade. The money, awarded by the U.S. Dept. of Labor, can be used for career training......
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9:10 AM Thu, Jun 18, 2009 | Permalink |
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By Business staff Email
By Barbara Polichetti Journal Staff Writer Gov. Carcieri told 200 people this morning at the annual meeting of the Governor's Workforce Board that the state's jobless rate for May rose above 12 percent from 11.1 percent in April. "We......
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9:00 AM Thu, Jun 18, 2009 | Permalink |
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By Neil Downing Email
By Neil Downing MoneyLine Columnist The House Finance Committee on Wednesday approved a ton of changes to Rhode Island's tax laws. Chances are that some will affect you. True, they're still just proposals, and they've cleared only one hurdle so......
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8:24 AM Thu, Jun 18, 2009 | Permalink |
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By Business staff Email
The Providence Plan has received a $691,968 grant from the U.S. Dept. of Labor for YouthBuild, the program that provides education and training to young people. The award was part of $114 million granted to 183 community groups across the......
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2:51 PM Wed, Jun 17, 2009 | Permalink |
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By C. Eugene Emery Jr. Email
EAST GREENWICH, R.I. -- Despite concerns from the state Health Director, the School Committee is moving ahead with plans to sell exclusive rights for the brands of beverages that will be sold at the concession stand at the high school's......
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12:01 AM Wed, Jun 17, 2009 | Permalink |
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By Neil Downing Email
The economy of the Providence-Fall River-New Bedford metropolitan area was among the 20 weakest-performing in the nation as of March 31, according to a study scheduled to be issued on Wednesday by the Brookings Institution, a nonprofit public policy organization......
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6:33 PM Tue, Jun 16, 2009 | Permalink |
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By Neil Downing Email
Revenue that Rhode collects from taxes, fees, lottery games and other sources fell by 14 percent over the last 11 months - a further sign of the state's weakened economy amid a global recession. The decline is worse than the......
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6:27 PM Tue, Jun 16, 2009 | Permalink |
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By C. Eugene Emery Jr. Email
PROVIDENCE, R.I. -- With some minor amendments, the House late Tuesday unanimously approved and sent to the Senate a bill that would let National Grid sign long-term contracts to purchase power from alternative energy suppliers, giving a green light to......
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9:21 AM Tue, Jun 16, 2009 | Permalink |
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By Business staff Email
By Neil Downing Your Rhode Island personal income-tax refund may now be reduced - or even eliminated - if you owe back taxes to Connecticut. Similarly, your Connecticut personal income-tax refund may be reduced - or eliminated -if you owe......
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5:06 PM Mon, Jun 15, 2009 | Permalink |
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By Neil Downing Email
The Rhode Island Department of Labor and Training is increasing the maximum weekly benefit under the state's Temporary Disability Insurance (TDI) program. The maximum TDI benefit for someone without dependents will be $694 a week, up from $671 now, an......
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4:35 PM Mon, Jun 15, 2009 | Permalink |
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By Neil Downing Email
The maximum amount you may collect in unemployment benefits each week through the Rhode Island Department of Labor and Training is going up. Starting next month, the maximum for someone without dependents will be $546 a week, up from the......
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3:06 PM Mon, Jun 15, 2009 | Permalink |
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By Alan Rosenberg Email
By Christine Dunn Journal Staff Writer PROVIDENCE, R.I. -- Prominent Democratic Party fundraiser Mark S. Weiner and his wife, L. Susan Weiner, of East Greenwich, have filed a lawsuit against Carnegie Tower Development Company Inc., seeking return of their $219,300......
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2:48 PM Mon, Jun 15, 2009 | Permalink |
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By C. Eugene Emery Jr. Email
PROVIDENCE, R.I. -- The rise in fuel prices is starting to look relentless. The Rhode Island Office of Energy Resources logged another gasoline price hike in Monday's weekly survey: 8 cents more per gallon for regular self-serve, to $2.68 per......
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8:20 AM Mon, Jun 15, 2009 | Permalink |
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By Business staff Email
WMS Gaming Inc., a subsidiary of WMS Industries Inc. (WMS:NYSE) on Monday said it has extended through 2016 a license agreement with Hasbro, Inc. (HAS:NYSE) and Hasbro International, Inc. for rights to develop and produce slot machines and other gaming......
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12:45 PM Fri, Jun 12, 2009 | Permalink |
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By Alan Rosenberg Email
WICHITA, Kan. (AP) -- Cessna Aircraft Co., the nation's largest builder of corporate jets and a unit of the Providence-based Textron Inc., said Friday it is laying off another 1,300 workers, raising the number of jobs eliminated to half of......
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10:38 AM Fri, Jun 12, 2009 | Permalink |
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By Paul Grimaldi Email
A health magazine devoted to fertility issues ranks Woonsocket-based CVS Caremark Corp. among the 50 U.S. companies with the best fertility and adoption-friendly work policies. Conceive Magazine, based in Orlando, Fla., included CVS among other companies for its workplace policies......
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5:01 PM Thu, Jun 11, 2009 | Permalink |
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By C. Eugene Emery Jr. Email
PROVIDENCE, R.I. -- Governor Carcieri's office said Thursday that he supports the new Senate version of a bill that would pave the way for National Grid to set up long-term contracts to purchase renewable energy. Both the Senate bill and......
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2:20 PM Thu, Jun 11, 2009 | Permalink |
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By Benjamin N. Gedan Email
The U.S. Commerce Secretary, Gary Locke, has canceled a meeting with Colombian President Álvaro Uribe that had been scheduled to take place Thursday in Providence. Colombia The meeting is included on an agenda posted on Uribe's official Web page. But......
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12:10 PM Thu, Jun 11, 2009 | Permalink |
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By Alex Kuffner Email
Providence Journal photo / Bob Thayer Audience members look over the proposed runway extension project at T.F. Green Airport in Warwick. WARWICK, R.I. -- State business leaders joined Governor Carcieri at T.F. Green Airport Thursday morning to voice support......
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11:22 AM Thu, Jun 11, 2009 | Permalink |
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By Benjamin N. Gedan Email
Providence Journal photo / Steve Szydlowski RVs are set up at the Rhode Island Convention Center for the 2009 car show. PROVIDENCE, R.I. -- The U.S. Conference of Mayors meeting that starts Friday in Providence is certainly high profile.......
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11:13 AM Thu, Jun 11, 2009 | Permalink |
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By Jack Perry Email
By Paul Grimaldi Journal Staff Writer CVS Caremark Corp., of Woonsocket, has agreed to pay nearly $1 million to the state of California to settle allegations that it sold expired products in that state. In addition to the fine, customers......
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10:42 AM Thu, Jun 11, 2009 | Permalink |
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By Benjamin N. Gedan Email
A proposed increase in the Massachusetts sales tax could help Rhode Island retailers that have lost business to stores across the state's northern border. The Boston Globe has reported that many Massachusetts "business advocates and Republican lawmakers say they are......
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9:55 AM Thu, Jun 11, 2009 | Permalink |
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By Paul Grimaldi Email
Luggage-maker Samsonite will sell its product samples Friday and Saturday during a sale at its corporate offices in Mansfield, Mass. The company will sell luggage, casual bags, wallets and business cases, most for $50 or less, during the sale at......
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9:00 PM Wed, Jun 10, 2009 | Permalink |
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By C. Eugene Emery Jr. Email
PROVIDENCE, R.I. -- Identical bills that would pave the way for National Grid to set up long-term contracts to purchase renewable energy unanimously passed key committees in the House and Senate late Wednesday. If approved by the full chambers, a......
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3:59 PM Wed, Jun 10, 2009 | Permalink |
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By Lisa Vernon-Sparks Email
MIDDLETOWN, R.I. --Towerstream Corp., [NASDAQ: TWER] a provider of high-speed Internet service has laid off several employees, a company spokeswoman confirmed Wednesday. The spokeswoman did not have the total number of employees at Towerstream, nor would she disclose the number......
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11:54 AM Wed, Jun 10, 2009 | Permalink |
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By Paul Grimaldi Email
Providence Journal file photo Indian Spring, one of many mansions on Ocean Avenue in Newport. Well, maybe New Yorkers had it right about Rhode Island: Pass through it if you must, but you'll see no reason to stand there.......
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8:34 AM Wed, Jun 10, 2009 | Permalink |
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By Business staff Email
Hiring in the Providence-New Bedford area is forecast to be up slightly in the third quarter, while layoffs are expected to be down a small amount, an early sign that the region's recession may be loosening its grip. An employment......
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1:25 PM Tue, Jun 09, 2009 | Permalink |
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By Barbara Polichetti Email
Area commuters who count on skirting traffic jams by using a feature on their Verizon Wireless cell phones' navigation systems were out of luck the past few days. The "real time" traffic feature on the VZ Navigators was out of......
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1:02 PM Tue, Jun 09, 2009 | Permalink |
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By Neil Downing Email
Vivian Moreno of Providence has a new role: She is the star of a national promotional video for the United Way. Moreno runs a volunteer tax-preparation site for the Internal Revenue Service's Volunteer Income Tax Assistance (VITA) program. She is......
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8:21 AM Tue, Jun 09, 2009 | Permalink |
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By Business staff Email
Workers at Eagle Industries, formerly Michael Bianco Co., in New Bedford, will rally this afternoon to save their jobs. The plant's new owner, Alliant Techsystems, which acquired Eagle on April 1, said it would close the plant on July 31,......
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8:05 AM Tue, Jun 09, 2009 | Permalink |
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By Lisa Vernon-Sparks Email
WEST WARWICK, R.I. -- Archway Bus Transportation Inc., has met the criteria to participate in a new 18-month pilot study, being conducted by the University of Vermont, which will set guidelines for motor coach companies seeking a certification for practicing......
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5:42 PM Mon, Jun 08, 2009 | Permalink |
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By Benjamin N. Gedan Email
More than 28 months into a recession linked to a collapse in Ocean State real estate values, Rhode Islanders are still struggling to keep their homes. In a report released Monday, the real estate research firm First American CoreLogic said......
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11:26 AM Mon, Jun 08, 2009 | Permalink |
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By Paul Grimaldi Email
Providence Journal photo / Mary Murphy U.S. Sen. Sheldon Whitehouse, back to camera, listens Monday to Felice Fleury, left, talk about her problems with her credit cards. On the right is William Floriani, who also saw his interest rates......
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10:34 AM Mon, Jun 08, 2009 | Permalink |
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By C. Eugene Emery Jr. Email
PROVIDENCE, R.I. -- Gasoline prices have made another big jump. The Rhode Island Office of Energy Resources said its Monday survey found prices for self-service regular were a nickle higher, at $2.60 cents a gallon, compared to Tuesday, when the......
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8:31 AM Mon, Jun 08, 2009 | Permalink |
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By Business staff Email
For the first time in 80 years, General Motors (GM:NYSE) will not be included in the benchmark index Dow Jones Industrial Average when stocks open for trading on Monday. GM will be replaced by technology firm Cisco Systems. Also beleaguered......
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8:13 AM Mon, Jun 08, 2009 | Permalink |
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By Business staff Email
An affiliate of the Houston-based Men's Wearhouse was the successful bidder for the 100-year-old Filene's Basement chain after bidding $67 million for the off-price retailer at a bankruptcy auction. The K&G Acquisition Corp. will buy the Basement name, 17 to......
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6:02 PM Fri, Jun 05, 2009 | Permalink |
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By Barbara Polichetti Email
EAST PROVIDENCE -- The New York-based company that acquired the rights to most of the marquee items made by the recently-closed Colibri Group jewelry and accessory company is following through on its promise to try to bring the company back......
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2:25 PM Fri, Jun 05, 2009 | Permalink |
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By Lisa Vernon-Sparks Email
WARWICK, R.I. -- A Providence woman has won the NYLO Hotels Sales Apprentice Contest, a spokesman announced Friday. Genna Lepore, 23, a graduate of Northwestern University, was selected among 10 finalists during the five-day search for great sales talent that......
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8:52 AM Fri, Jun 05, 2009 | Permalink |
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By Business staff Email
The U.S. lost fewer jobs than expected in May, signaling that the the country's deep recession may be starting to abate. Still, the jobless rate jumped to 9.4 percent from 8.9 percent in April. The country lost 345,000 jobs, after......
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2:27 PM Thu, Jun 04, 2009 | Permalink |
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By Alan Rosenberg Email
WICHITA, Kan. (AP) - Cessna Aircraft Co., the nation's largest builder of corporate jets, is planning another round of layoffs and possibly more furloughs, the company said Thursday. CEO Jack Pelton sent an e-mail to employees warning them of the......
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2:00 PM Thu, Jun 04, 2009 | Permalink |
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By C. Eugene Emery Jr. Email
PROVIDENCE, R.I. -- A 110-yard-long cylinder of ice extracted from Greenland, some of it deposited as long ago as 1718, has revealed a strong link between fossil fuel burning and nitrogen deposited on the ground. The discovery may help scientsts......
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1:34 PM Thu, Jun 04, 2009 | Permalink |
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By Paul Grimaldi Email
Two Rhode Island women now face long odds in their attempt to hit America's sweet spot in a dougnut recipe contest run by the Dunkin' Donuts coffee shop chain. Michelle Ventura, of Cranston, and Caitlyn Vandervelde, of Coventry, are among......
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11:50 AM Thu, Jun 04, 2009 | Permalink |
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By Paul Grimaldi Email
Providence Journal photo / Frieda Squires Tara Demyan, a real estate agent with Coleman Realtors, asks questions at a conference on Thursday for small business owners. PROVIDENCE, R.I. -- Business professionals gathered Thursday morning to get advice about using......
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11:42 AM Thu, Jun 04, 2009 | Permalink |
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By Jack Perry Email
Providence Journal photo / Kathy Borchers The Nestor Traffic Systems camera, seen in a 2005 photo, photographs a driver and a car's license plate By Benjamin Gedan Journal staff writer PROVIDENCE, R.I. -- Nestor Traffic Systems, the Providence-based company......
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8:03 AM Thu, Jun 04, 2009 | Permalink |
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By Business staff Email
Bank of America, the North Carolina-based bank with a large branch network in Rhode Island, will walk away from its sponsorship with the U.S. Olympic Committee unless the bank gets a bigger return from what it spends supporting American athletes.......
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4:18 PM Wed, Jun 03, 2009 | Permalink |
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By Neil Downing Email
The Greater Providence Chamber of Commerce e-mailed a policy update to its members today, urging them to lobby their legislators to guard against state tax increases. "A significant move is underway in the General Assembly to raise taxes in Rhode......
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4:04 PM Wed, Jun 03, 2009 | Permalink |
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By Benjamin N. Gedan Email
The Senate Finance Committee on Tuesday debated legislation aimed at overhauling the state Economic Development Corporation. The legislation is based on the findings of a study commission that released a critical report in April about the effectiveness of the job-creation......
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12:32 PM Wed, Jun 03, 2009 | Permalink |
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By Andy Smith Email
Providence Journal photo / Andrew Dickerman Cartons of Rhody Fresh milk in a cooler at McQuade's Marketplace in Jamestown. The Rhode Island Dairy Farms Cooperative, which sells locally produced milk under the Rhody Fresh brand, is adding four new......
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8:02 AM Wed, Jun 03, 2009 | Permalink |
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By Business staff Email
Two principals of Spectrum Capital Group LLC, based in Bristol, have joined Morgan Keegan & Co. Inc.'s investment banking group. Spectrum managing partner Michael Lederman will head Morgan Keegan's newly formed Special Situations Group. Spectrum partner Joseph Sands will be......
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3:14 PM Tue, Jun 02, 2009 | Permalink |
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By Benjamin N. Gedan Email
Attorney General Patrick C. Lynch has called for the state's health care commissioner to hold public hearings about proposed increases in medical insurance rates in Rhode Island. In a statement released Tuesday, Lynch said the public comment opportunity planned by......
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2:49 PM Tue, Jun 02, 2009 | Permalink |
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By Jack Perry Email
RICHMOND, Va. (AP) -- Free health clinics in 14 states, including one in Rhode Island, are getting financial help from Dominion Resources Inc. Richmond-based Dominion announced Tuesday that it's giving $1 million in grants to 100 clinics in states where......
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12:10 PM Tue, Jun 02, 2009 | Permalink |
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By Benjamin N. Gedan Email
Felag The Senate Finance Committee on Tuesday will debate legislation aimed at overhauling the state Economic Development Corporation. The hearing on the bill, sponsored by state Sen. William S. Felang Jr., D-Bristol, Tiverton, Warren, is scheduled for 3 p.m.......
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9:48 AM Tue, Jun 02, 2009 | Permalink |
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By Jack Perry Email
WEBSTER, Mass. (AP) -- A Massachusetts factory that for decades has produced millions of yards of printed cloth is going silent as the factory's Cranston-based parent company moves operations overseas. Officials with Cranston Print Works Co. say about 70 workers......
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8:00 AM Tue, Jun 02, 2009 | Permalink |
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By Business staff Email
Plans in Connecticut to legalize Keno will require changes to the state's memorandum of understanding with two Indian tribes, the Mashantucket Pequots and the Mohegans, accoridng to Connecticut http://media-newswire.com/release_1092141.html. He said the proposal to bring Keno to Connecticut, suggested last......
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6:00 PM Mon, Jun 01, 2009 | Permalink |
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By C. Eugene Emery Jr. Email
SOUTH KINGSTOWN, R.I. -- You probably know about electrodes, especially if they've been put on your chest to measure your heartbeat. Most gather up electrical impulses from a wide area of the body. Electrode next to a penny But a......
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5:45 PM Mon, Jun 01, 2009 | Permalink |
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By Neil Downing Email
U.S. Sen. Sheldon Whitehouse predicted today that the Senate will approve sweeping healthcare-reform legislation by early August. House and Senate leaders will then hammer out a compromise bill, probably in the fall. He said he hopes that Congress will be......
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5:00 PM Mon, Jun 01, 2009 | Permalink |
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By News staff Email
By C. EUGENE EMERY JR. Journal staff writer PROVIDENCE, R.I. -- National Grid, which distributes electricity to most of Rhode Island, has asked the state Public Utilities Commission for permission to dramatically increase its distribution rates, a request that will......
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3:00 PM Mon, Jun 01, 2009 | Permalink |
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By News staff Email
WARWICK, R.I. -- Business leaders joined by Lt. Gov. Elizabeth Roberts held a news conference earlier Monday to oppose rate increases proposed by the state's dominant health insurance companies. The group is urging state Health Insurance Commission Christopher F. Koller......
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2:10 PM Mon, Jun 01, 2009 | Permalink |
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By Business staff Email
Don and Angela Conte of AC Stone, LLC have acquired the fabrication facility formerly operated by New England Stone, LLC, at Quonset Point. A newly-organized company, Structural Stone, LLC, is operating the 60,000 square foot plant on 8.5 acres in......
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12:31 PM Mon, Jun 01, 2009 | Permalink |
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By Business staff Email
Ariad Pharmaceuticals Inc. lost is appeals court bid to demand royalties from Amgen Inc. over the arthritis drug Enbrel. The U.S. Court of Appeals for the Federal Circuit Monday said a federal judge was correct in his interpretation of certain......
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11:20 AM Mon, Jun 01, 2009 | Permalink |
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By Jack Perry Email
PROVIDENCE, RI -- Gas prices in Rhode Island have now increased for the seventh straight week after jumping six cents over the past week, according to AAA Southern New England. The average price for a gallon of regular unleaded gasoline......
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11:00 AM Mon, Jun 01, 2009 | Permalink |
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By Benjamin N. Gedan Email
Kilguss The advocacy group Grow Smart Rhode Island has appointed Howard M. Kilguss, chairman of Portsmouth-based Bioprocess Technologies, as its new chairman. He replaces Deming E. Sherman, a partner at the law firm Edwards, Angell, Palmer and Dodge. The......
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9:43 AM Mon, Jun 01, 2009 | Permalink |
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By Jack Perry Email
PROVIDENCE, R.I. (AP) - Business owners will get a chance to voice their concerns about the cost of health care with two of Rhode Island's elected leaders. Lt. Gov. Elizabeth Roberts plans to meet Monday in Warwick with owners of......
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9:00 AM Mon, Jun 01, 2009 | Permalink |
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By Business staff Email
Software developer RxVantage, of Providence, has received a $500,000 investment from the Slater Technology Fund, The company creates channels through which healthcare, pharmaceutical companies and medical providers can exchange information and ideas that improve patient care. "The need for healthcare......
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8:42 AM Mon, Jun 01, 2009 | Permalink |
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By Business staff Email
Ocean State Job Lot, based in North Kingstown, plans to open its 90th store in Waterford, Connecticut later this month or in early July. The company is seeking 15 full-time and 15 part-time employees for the location in a former......
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