|
July 2009 Archives
4:39 PM Thu, Jul 30, 2009 | Permalink |
 Comments (3)
By Neil Downing  Email
The National Federation of Independent Business (NFIB), a trade group for small businesses, called on state tax officials Thursday to ease up on efforts they are taking to collect state sales taxes from businesses. "With one of the highest state......
|
3:03 PM Wed, Jul 29, 2009 | Permalink |
Write a comment
By Andy Smith Email
Crimzon Rose, a jewelry company based in North Providence, plans to add 60 jobs in the state. The additional jobs are the result of Crimzon Rose acquiring a Florida company, Erica Lyons, Inc. Felix Porcaro, CEO of Crimzon Rose, said......
|
1:25 PM Wed, Jul 29, 2009 | Permalink |
Comments (2)
By Neil Downing Email
The Greater Providence Chamber of Commerce has received $100,000 in federal funds to help with its "knowledge economy initiative," U.S. Sen. Jack Reed said on Wednesday. Under the chamber's initiative, local innovators get grants so they can launch businesses geared......
|
11:47 AM Wed, Jul 29, 2009 | Permalink |
Write a comment
By Neil Downing Email
The Internal Revenue Service today warned taxpayers to claim a new tax break for first-time home buyers only if they qualify. The warning came after the agency prosecuted a tax preparer in Florida for falsely claiming the credit on a......
|
5:48 PM Tue, Jul 28, 2009 | Permalink |
Write a comment
By C. Eugene Emery Jr. Email
PROVIDENCE, R.I. - A new legislative commission is preparing to meet to weigh whether the state should establish and administer a Universal Voluntary Retirement Account, which would allow small employers to offer a retirement savings program to employees. Supporters say......
|
10:11 AM Tue, Jul 28, 2009 | Permalink |
Write a comment
By C. Eugene Emery Jr. Email
The University of Rhode Island announced Tuesday it will receive a $13 million grant from the federal government to develop faster, more efficient ways to create vaccines. The award from the National Institutes of Health was given to Dr. Annie......
|
2:39 PM Mon, Jul 27, 2009 | Permalink |
Write a comment
By Neil Downing Email
A.H. Belo Corp. of Dallas posted a wider net loss amid a sharp drop in revenue for the three months ended June 30. The company, which publishes the Providence Journal and Dallas Morning News, reported a second-quarter net loss of......
|
5:27 PM Fri, Jul 24, 2009 | Permalink |
Comments (5)
By Neil Downing Email
By NEIL DOWNING Journal Staff Writer A national think tank that studies state budgets says that all states should pass an "Amazon law" similar to the one adopted by Rhode Island and New York to help recover sales-tax revenue that......
|
4:34 PM Fri, Jul 24, 2009 | Permalink |
Write a comment
By Bruce Landis Email
Providence, RI - Atty. General Patrick C. Lynch said that a national settlement with Countrywide Financial Corp. will benefit as many as 1,000 Rhode Island borrowers who were foreclosed on or otherwise affected by the giant mortgage lender's business practices.......
|
11:55 AM Fri, Jul 24, 2009 | Permalink |
Comments (1)
By Andy Smith Email
Washington Trust Bancorp, Inc., announced Friday that Joseph MarcAurele, former president of Citizens Bank Rhode Island, will be the new president and chief operating officer of Washington Trust starting Sept. 21. MarcAurele will succeed John F. Treanor, who will retire......
|
8:42 AM Fri, Jul 24, 2009 | Permalink |
Write a comment
By Business staff Email
Bogus takeover bids for Providence-based Textron Inc. and Harman International Industries Inc. reaped more than $5 million for a Kuwait-based financier and firms who placed "highly profitable and suspicious'' bets beforehand, U.S. regulators said in a lawsuit targeting the traders.......
|
5:17 PM Thu, Jul 23, 2009 | Permalink |
Write a comment
By News staff Email
The price of a single-family house in Rhode Island dropped markedly in June compared with the same month in 2008, but showed the smallest decline for the first six months of 2009, according to figures compiled by the Rhode Island......
|
3:25 PM Thu, Jul 23, 2009 | Permalink |
Write a comment
By Bruce Landis Email
PROVIDENCE _ Portola Tech International, the Woonsocket manufacturer of packaging for the cosmetic and personal care industries, will lay off 130 of its 231 employees and move to Cumberland, the company said Thursday. The company is moving from the city's......
|
3:23 PM Thu, Jul 23, 2009 | Permalink |
Write a comment
By Pamela Reinsel Cotter Email
By Paul Grimaldi Journal staff writer Toys R. Us Inc. has relaunched the Toys.com Web site as a hub for posting discounts available on toy and baby products, the New Jersey company announced recently. The Web site would draw offerings......
|
1:38 PM Thu, Jul 23, 2009 | Permalink |
Write a comment
By Neil Downing Email
By NEIL DOWNING Journal Staff Writer If you are about to run out of unemployment benefits, and plan to seek an extension, you may now do so online, through the Rhode Island Department of Labor and Training's Web site. Formerly,......
|
1:01 PM Thu, Jul 23, 2009 | Permalink |
Write a comment
By Pamela Reinsel Cotter Email
Shaw's Supermarkets has a new division president, the of West Bridgewater, Mass., company announced Thursday morning. Mike Witynski is replacing Larry Wahlstrom, who is retiring after 38 years in the drug and food retailing industry. Witynski, 46, was most recently......
|
11:08 AM Thu, Jul 23, 2009 | Permalink |
Write a comment
By Neil Downing Email
Rhode Island has implemented an official code of conduct for people who serve as notaries public, Governor Carcieri and Secretary of State A. Ralph Mollis said Thursday. Notaries public are state-commissioned officials who administer oaths, certify documents and perform other......
|
8:10 AM Thu, Jul 23, 2009 | Permalink |
Write a comment
By Business staff Email
Summer Infant, the Woonsocket-based seller of children's products, said it acquired Butteryfly Living, a Pennsylvania-based crib manufacturer. The price was not disclosed. Butterfly sells its cribs to mass merchant retailers, primarily under a license with Carter's. "Infant cribs, which is......
|
6:37 PM Wed, Jul 22, 2009 | Permalink |
Write a comment
By C. Eugene Emery Jr. Email
PROVIDENCE, R.I. - Rob Holtzer, currently General Sales Manager at Sunrise Sports and Entertainment in Miami, has been named the new vice president and director of sales for Global Broadcasting, which owns Channel 6, WLNE-TV. Station General Manager Steve Doerr......
|
8:03 AM Wed, Jul 22, 2009 | Permalink |
Write a comment
By Business staff Email
Joseph Verdelotti Jr., a West Warwick homeowner, is set to testify about foreclosures on Thursday in Washington before a subcommittee of the Senate Judiciary Committee. Verdelotti is at risk of losing his home, according to U.S. Sen. Sheldon Whitehouse's office.......
|
8:01 AM Wed, Jul 22, 2009 | Permalink |
Write a comment
By Business staff Email
Washington Trust Bancorp, based in Westerly, reported second quarter profits of $3.8 million, or 23 cents per diluted share, compared to second quarter 2008 net income of $6.1 million, or 45 cents per diluted share. The earnings beat the 20......
|
1:22 PM Tue, Jul 21, 2009 | Permalink |
Comments (1)
By Paul Grimaldi Email
Providence Journal photo / Frieda Squires Businesses are thriving at the northernd end of Garden City Center in Cranston, where workers recently removed the shopping center's trademakr glass awnings. CRANSTON, RI -- Garden City Center in Cranston has a......
|
12:15 PM Tue, Jul 21, 2009 | Permalink |
Write a comment
By Business staff Email
PROVIDENCE, R.I. -- State energy commissioner Andrew C. Dyzkewicz has resigned. Dzykewicz, head of the state Office of Energy Resources, handed in a letter of resignation July 17, Governor Carcieri's office has confirmed. No other information on Dzykewicz's decision is......
|
8:14 AM Tue, Jul 21, 2009 | Permalink |
Write a comment
By Business staff Email
Providence-based Equity National has acquired Florida-based Secure Collateral, which provides services to the real estate industry. Equity National, which provides title insurance and closing services, acquired Secure Collateral for an undisclosed amount. Equity National has a network of more than......
|
7:01 AM Tue, Jul 21, 2009 | Permalink |
Write a comment
By Neil Downing Email
By NEIL DOWNING Journal Staff Writer A new Rhode Island law will expand a state tax break for biodiesel fuel, thereby encouraging its use - and making the state a bit more energy independent in the process, advocates said.......
|
1:50 PM Mon, Jul 20, 2009 | Permalink |
Write a comment
By News staff Email
By Jack Perry projo.com staff writer Gas prices in Rhode Island have dropped for the fourth straight week, according to AAA Southern New England. The average price for a gallon of regular unleaded gasoline at the self-service pump is $2.599,......
|
1:21 PM Mon, Jul 20, 2009 | Permalink |
Write a comment
By Jack Perry Email
Journal file photo/ Frieda Squires Travelers pass through security before boarding their flights at T.F. Green Airport. In the first six months of this year, the number of people traveling through Green dropped seven percent from the same period......
|
12:43 PM Mon, Jul 20, 2009 | Permalink |
Comments (1)
By Andy Smith Email
Rhode Island's soaring unemployment rate is the second worst in the country, behind only Michigan, and by far the highest among the six New England states. Rhode Island's unemployment rate for June was 12.4 percent, second to Michigan's 15.2 percent.......
|
7:26 AM Mon, Jul 20, 2009 | Permalink |
Write a comment
By Business staff Email
Pawtucket-based Hasbro Inc. said on Monday that second-quarter profit rose from sales of toys based on "Transformers'' and "G.I. Joe.'' Net income increased to $39.3 million, or 26 cents a share, from $37.5 million, or 25 cents, a year earlier.......
|
6:45 PM Thu, Jul 16, 2009 | Permalink |
Comments (3)
By Maria Armental Email
Journal Staff and wire reports Rhode Island will receive $20,000 as part of a $5.9 million settlement DISH Network reached with 46 states to settle claims that it improperly marketed, promoted and sold its products and services. Under the terms......
|
4:35 PM Thu, Jul 16, 2009 | Permalink |
Write a comment
By Paul Grimaldi Email
Connecticut's two casinos both reported slot-machine revenue was down in June, as a turnaround earlier this year at Foxwoods Resort Casino proved shortlived. Mohegan Sun and Foxwoods Resort Casino, both reported June slot-machine "wins" were down about 9 percent when......
|
2:39 PM Thu, Jul 16, 2009 | Permalink |
Write a comment
By Lisa Vernon-Sparks Email
PROVIDENCE, R.I. -- Citizens Bank has named the Rhode Island Foster Parents Association its 2009 Third Quarter Champion, and has awarded the nonprofit with a $25,000 grant for its ASPIRE savings program, officials announced Tuesday. ASPIRE, which stands for Aligning......
|
11:37 AM Thu, Jul 16, 2009 | Permalink |
Write a comment
By Paul Grimaldi Email
Children's entertainment veteran Margaret Loesch has been named president and chief executive officer of the new joint venture between Hasbro Inc. (HAS:NYSE) and Discovery Communications (DISCA:Nasdaq). In May, Pawtucket-based Hasbro moved deeper into the entertainment business, joining with cable-TV's Discovery......
|
11:35 AM Wed, Jul 15, 2009 | Permalink |
Comments (1)
By C. Eugene Emery Jr. Email
Vectrix Corporation, the electric motorcycle company based in Middletown, R.I., and New Bedford, Mass., announced Wednesday that it has laid off nearly all of its employees and will file for bankruptcy within 30 days if it can't find new investors......
|
9:06 AM Wed, Jul 15, 2009 | Permalink |
Write a comment
By Business staff Email
FM Global, based in Johnston, continued to hire dozens of full-time professionals for jobs at its Rhode Island and Massachusetts offices during the first half of 2009 and plans more hiring later this year, the company said Wednesday. The $4.5......
|
5:45 PM Tue, Jul 14, 2009 | Permalink |
Comments (2)
By Paul Grimaldi Email
CVS Caremark Corp. said Tuesday it will hire 125 pharmacy technicians and others to staff a call center it is plans to open in December at the Highland Corporate Park along the Cumberland-Woonsocket border. The company is joining with the......
|
5:27 PM Tue, Jul 14, 2009 | Permalink |
Write a comment
By Paul Grimaldi Email
The owner of the Twin River slot parlor in Lincoln won approval Tuesday from a federal judge for a series of procedural matters the company needs to keep the gambling hall operating while in bankruptcy. Twin River operator UTGR Inc.......
|
1:08 PM Tue, Jul 14, 2009 | Permalink |
Write a comment
By News staff Email
PROVIDENCE, R.I. -- The state Coastal Resources Management Council has approved applications from Deepwater Wind to install a meteorological tower and other data-gathering equipment on Block Island and in waters nearby. The council voted in favor of the applications at......
|
8:47 AM Tue, Jul 14, 2009 | Permalink |
Comments (2)
By Peter Phipps Email
AP Photo Chrysler dealership owner Jim Tarbox, at his dealership in North Kingstown, plans a trip to Washington Tuesday to fight for his franchise. WASHINGTON (AP) -- A Rhode Island Chrysler dealer who's appealed the rejection of his franchise......
|
7:01 AM Tue, Jul 14, 2009 | Permalink |
Write a comment
By Neil Downing Email
The parent company of the Golfers' Warehouse store in Cranston has asked a U.S. Bankruptcy Court for protection from creditors as it works on the sale of its stores to a larger retailer based in California. Golfers' Warehouse Inc., which......
|
2:36 PM Mon, Jul 13, 2009 | Permalink |
Write a comment
By Paul Grimaldi Email
Drugstore chain Rite Aid Corp. (RAD:NYSE) has agreed to pay $500,000 to settle FTC charges that it used deceptive advertising to sell its Germ Defense medicine -- tablets and lozenges the Pennsylvania company claimed could prevent and treat colds and......
|
11:53 AM Mon, Jul 13, 2009 | Permalink |
Write a comment
By C. Eugene Emery Jr. Email
PROVIDENCE, R.I. -- There's more good news for motorists. The average price of self-serve gasoline is down for the third week in a row. After peaking at $2.72 per gallon on June 22, the state's weekly survey shows that the......
|
9:07 AM Mon, Jul 13, 2009 | Permalink |
Write a comment
By Business staff Email
The Rhode Island BioGroup and the New England Biotech Association are campaigning to protect Rhode Island's biotech industry through federal legislation that would provide extended protection for the intellectual property of biotech innovators. Companies with a prescence in the state......
|
5:15 PM Fri, Jul 10, 2009 | Permalink |
Write a comment
By Christine Dunn Email
The Clarmar estate, a 20-room mansion set on 3.4 acres in the exclusive Watch Hill section of Westerly, will be auctioned on the premises Friday, July 31 at 11 a.m. Beginning on July 17, tours of the estate at 16......
|
11:19 AM Fri, Jul 10, 2009 | Permalink |
Write a comment
By Andy Smith Email
Building and grounds maintenance workers employed by Providence College have ratified a new four-year contract with the college this week. According to the Service Employees International Union, which represents the workers, the new contract calls for pay raises totaling 12......
|
8:15 AM Fri, Jul 10, 2009 | Permalink |
Write a comment
By Business staff Email
Eugene M. McQuade, the former FleetBoston Financial Corp. president from East Greenwich who helped Terry Murray build the biggest bank in the country, has been named an executive at Citibank, the nation's third biggest bank. McQuade, 60, starts his new......
|
1:09 PM Thu, Jul 09, 2009 | Permalink |
Write a comment
By Andy Smith Email
Summer hiring at Rhode Island restaurants remains roughly equal to last year, according to figures from the National Restaurant Association. The association calculates summer employment by taking the average number of restaurant jobs in June, July and August and determining......
|
11:36 AM Thu, Jul 09, 2009 | Permalink |
Write a comment
By Jack Perry Email
PROVIDENCE, R.I. (AP) -- Sales of foreclosed property have increased to almost 20 percent of Rhode Island home sales this year, much more than other New England states. A report released Thursday by Boston-based real estate consulting firm The Warren......
|
11:19 AM Thu, Jul 09, 2009 | Permalink |
Write a comment
By Paul Grimaldi Email
McDonald's Corp. continues battling for the loyalty of coffee drinkers in small ways. The fast-food chain said on Thursday it will offer up a free iced or hot mocha on Mondays from July 13 to Aug. 3. The offer is......
|
7:28 AM Thu, Jul 09, 2009 | Permalink |
Write a comment
By Jack Perry Email
By STEVE LeBLANC Associated Press Writer BOSTON (AP) -- You've heard of Alaska King Crab and Maine Lobster. Why not Massachusetts Mackerel or maybe Cape Cod Cod? States are increasingly looking to hook consumers by branding their local seafood specialties,......
|
4:19 PM Wed, Jul 08, 2009 | Permalink |
Write a comment
By Paul Grimaldi Email
The U.S. Consumer Product Safety Commission on Wednesday recalled 1 million play yards after reports that the product's side rails sometimes fail to latch, causing injuries to some children. In all, 21 injuries, including one concussion and several cases of......
|
3:44 PM Wed, Jul 08, 2009 | Permalink |
Write a comment
By Paul Grimaldi Email
Bloomberg News photo A Southwest Airlines airplane takes off from T.F. Green Airport in Warwick. The Dallas, Texas, airline is offering cut-rate fares in a promotion that ends Wednesday. Looking for a cheap way to get out of town?......
|
11:17 AM Wed, Jul 08, 2009 | Permalink |
Write a comment
By Business staff Email
By BRUCE LANDIS Journal staff writer JAMESTOWN, R.I. -- The state Turnpike and Bridge Authority voted, 3-1, Wednesday morning to move toward increasing the tolls on the Pell Bridge for the first time in its 40-year history and possibly re-instituting......
|
4:42 PM Tue, Jul 07, 2009 | Permalink |
Write a comment
By News staff Email
By Barbara Polichetti Journal staff writer WARWICK, R.I. -- The Federal Aviation Administration has refused Mayor Scott Avedisian's request for a second community meeting on the proposed runway expansion at T.F. Green Airport, prompting Avedisian to call the denial "a......
|
2:28 PM Tue, Jul 07, 2009 | Permalink |
Write a comment
By Bruce Landis Email
BRISTOL, R.I. -- A Roger Williams University program supporting Rhode Island's shell fishing industry will get a $1 million federal grant, the U.S. Commerce Department said. The grant will go to the university's Center for Economic and Environmental Development, which......
|
12:20 PM Tue, Jul 07, 2009 | Permalink |
Write a comment
By C. Eugene Emery Jr. Email
PROVIDENCE, R.I. -- Iron particles so small that a few thousand of them, lined end to end, would be as wide as a human hair may help doctors pierce the slimy shield that protects bacteria infecting artificial hips, knees and......
|
11:38 AM Tue, Jul 07, 2009 | Permalink |
Comments (1)
By C. Eugene Emery Jr. Email
PROVIDENCE, R.I. -- Heating oil prices jumped by four cents a gallon in the past week, diesel was up two cents and unleaded gasoline is down three cents per gallon, according to Tuesday's survey by the Rhode Island Office of......
|
10:57 AM Tue, Jul 07, 2009 | Permalink |
Write a comment
By C. Eugene Emery Jr. Email
WEST WARWICK, R.I. -- The Kent County Water Authority is seeking to automatically pass along any increase in water rates granted to the Providence Water Supply Board to its customers. The request comes because Providence has asked the state Public......
|
3:08 PM Mon, Jul 06, 2009 | Permalink |
Comments (1)
By Paul Grimaldi Email
Providence Journal photo / Sandor Bodo A table at the Abbey Grill in Fall River overlooks the teaching kitchen at the International Institute of Culinary Arts. The school closed recenlty after falling into financial difficulty. The cooking school started......
|
1:49 PM Mon, Jul 06, 2009 | Permalink |
Write a comment
By Andy Smith Email
The federal government has allocated an additional $3.6 million for the Trade Adjustment Assistance program in Rhode Island, bringing the total for the 2009 fiscal year to $4.7 million, more than twice the previous year's allocation. The program, originally designed......
|
12:40 PM Mon, Jul 06, 2009 | Permalink |
Write a comment
By Business staff Email
Providence-based GTECH Corp., a unit of Lottomatica, has signed a two-year contract extension with the Wisconsin Lottery to continue providing online lottery technology and services. The contract extension will begin on June 26, 2011, and is expected to generate revenues......
|
12:33 PM Mon, Jul 06, 2009 | Permalink |
Comments (1)
By Paul Grimaldi Email
North Providence-based Union Federal Savings Bank must stop making student loans as the result of an order by the U.S. Office of Thrift Supervision requiring the bank's parent company to lessen its reliance on the private lending packages. Union Federal......
|
11:51 AM Mon, Jul 06, 2009 | Permalink |
Write a comment
By Lisa Vernon-Sparks Email
PROVIDENCE, R.I. -- A South Main Street investment management firm doing business, for a decade, as an allied operation to a Massachusetts company, will separate to launch a new firm called Endurance Wealth Management, a company spokesman announced Monday. The......
|
11:43 AM Mon, Jul 06, 2009 | Permalink |
Write a comment
By C. Eugene Emery Jr. Email
PROVIDENCE, R.I. -- After dropping two cents the week before, unleaded gasoline prices stayed relative stable over the past week. AAA said its average price in Rhode Island Monday was $2.68 per gallon, down a half-cent from a week ago......
|
9:18 AM Mon, Jul 06, 2009 | Permalink |
Write a comment
By Business staff Email
By Alex Kuffner Journal Staff Writer Nearly three out of four Rhode Islanders have access to the Internet at home, according to a recently released survey by the U.S. Census Bureau. The survey estimates that 73 percent of Rhode Island......
|
3:54 PM Fri, Jul 03, 2009 | Permalink |
Write a comment
By C. Eugene Emery Jr. Email
PROVIDENCE, R.I. - Once again, the well of money to pay basic state unemployment insurance claims is running low and the state is going to have to borrow money from the feds to cover the bill. The state Department of......
|
3:47 PM Fri, Jul 03, 2009 | Permalink |
Write a comment
By Neil Downing Email
The Rhode Island Division of Taxation has sent notices to more than 100 online retailers, letting them know about the state's new law that could require them to collect Rhode Island's 7-percent sales tax, state Tax Administrator David M. Sullivan......
|
2:32 PM Fri, Jul 03, 2009 | Permalink |
Comments (1)
By Paul Grimaldi Email
Providence Journal photo / Kathy Borchers In this Journal file photo, Sen. Leo Blais fills a prescription at Pawtuxet Valley Prescription & Surgical Center Inc., the Coventry business he founded more than three decades ago. PROVIDENCE, RI -- A......
|
2:27 PM Fri, Jul 03, 2009 | Permalink |
Write a comment
By Andy Smith Email
SMITHFIELD, R.I.-- Owners of businesses located near the Fidelity campus in Smithfield said Friday they are pleased at the news that Fidelity Investments planned to add 500 jobs in the area. The prospect of increased traffic on Route 7 appeared......
|
8:02 AM Fri, Jul 03, 2009 | Permalink |
Write a comment
By Business staff Email
The U.S. stock markets are closed on Friday in observance of the July 4 holiday. They will reopen on Monday. So far this year, the Dow Jones Industrial Average is down 5.65 percent while the Standard & Poor 500 Index......
|
4:48 PM Thu, Jul 02, 2009 | Permalink |
Write a comment
By Neil Downing Email
Mutual fund giant Fidelity Investments of Boston plans to bring hundreds of new jobs to Rhode Island, Governor Carcieri said today. The move is part of an internal reshuffling of staff among Fidelity's various locations in Massachusetts, including Boston and......
|
4:16 PM Thu, Jul 02, 2009 | Permalink |
Comments (1)
By Andy Smith Email
The U.S. Department of Labor has awarded $98,193 to Rhode Island to help unemployed workers participate in apprenticeship programs administered by the state's Department of Labor and Training. The programs are conducted by individual employers, labor groups, or industry associations,......
|
4:09 PM Thu, Jul 02, 2009 | Permalink |
Write a comment
By Andy Smith Email
The state is providing free online job training and remedial education courses through its netWORKri career centers, which are run by the Rhode Island Department of Labor and Training. Those who require remedial help in math, reading and language skills......
|
1:12 PM Thu, Jul 02, 2009 | Permalink |
Write a comment
By Neil Downing Email
A special General Assembly commission will study the possibility of establishing voluntary retirement accounts in Rhode Island. The state-administered defined contribution accounts would be available for small employers to offer their employees; management would be done by a third-party provider......
|
1:06 PM Thu, Jul 02, 2009 | Permalink |
Write a comment
By C. Eugene Emery Jr. Email
EAST GREENWICH, R.I. - The 175-year-old United Methodist Church building on Main Street, where the final draft of the current Rhode Island Constitution was approved in 1842, is about to find new life as a gift shop. The Zoning Board......
|
4:13 PM Wed, Jul 01, 2009 | Permalink |
Comments (1)
By Paul Grimaldi Email
Crabtree & Evelyn Ltd., which sells personal-care products at 126 stores across the United States, on Wednesday filed for Chapter 11 bankruptcy protection, according to U.S. Bankruptcy Court records. The retailer said it has been suffering from a drop in......
|
2:57 PM Wed, Jul 01, 2009 | Permalink |
Write a comment
By Paul Grimaldi Email
Convenience-store chain 7-Eleven on Wednesday launched a franchise program that offers discounted franchise fees to military veterans. Qualified veterans who become first-time 7-Eleven franchisees will receive a discount on the initial fee for the first 7-Eleven store they franchise. The......
|
11:09 AM Wed, Jul 01, 2009 | Permalink |
Comments (1)
By Paul Grimaldi Email
Online diamond and jewelry retailer Blue Nile Inc. (NILE:NASDAQ) has terminated contracts with Rhode Island advertising affiliates over legislation enacted to tax online sales. Blue Nile's move comes after Amazon.com Inc. (AMZN:NASDAQ) and Overstock.com (OSTK:NASDAQ) took similar actions here, as......
|
|
Tags
National Federation of Independent Business
NFIB
Rhode Island Division of Taxation
sales tax
small business
New photos
New posts
Projo blogs
Archives