Projo Biz Blog

August 2, 2009 - August 8, 2009 Archives


FAA rejects request for office to answer airport expansion questions

5:21 PM Fri, Aug 07, 2009 | | Write a comment
By Barbara Polichetti    Email

The Federal Aviation Administration has rejected the city's request that a local office of the agency be opened on a temporary basis so residents can get answers to questions they may have about the proposed runway expansion at T.F. Green......

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Twin River greyhound racing halts for the year Saturday

3:05 PM Fri, Aug 07, 2009 | | Comments (1)
By News staff    Email

LINCOLN, R.I. -- The 62-year history of racing in Lincoln will be interrupted Saturday with the suspension of greyhound racing at the Twin River slot parlor. Racing at the venue off Louisquissett Pike halts Saturday, four months prematurely, the result......

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Court rules against Twin River in overtime-pay case

3:04 PM Fri, Aug 07, 2009 | | Comments (1)
By News staff    Email

PROVIDENCE, R.I. -- A federal judge Friday ruled against the Twin River slot parlor in a case that grants thousands of dollars in overtime pay to clerks at the gambling venue in Lincoln, according to a federal court document. With......

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North Kingstown artists design boating trophy

4:45 PM Thu, Aug 06, 2009 | | Write a comment
By Paul Grimaldi    Email

NORTH KINGSTOWN, RI -- Boat builders being lauded for their designs will be handed artful glass trophies created by a trio of North Kingstown artists this year. The trophy -- which has peaks like boat sails -- was chosen by......

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Director resigns from Summer Infant board

10:08 AM Thu, Aug 06, 2009 | | Write a comment
By Paul Grimaldi    Email

WOONSOCKET R. I. -- Summer Infant Inc. has lost a member of its board of directors, Harvard University professor Myra M. Hart, the company reported in a federal regulatory filing last week. Hart, 68, resigned from Summer Infant's board July......

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Report: South Coast rail would create 3,800 jobs

9:28 AM Thu, Aug 06, 2009 | | Write a comment
By Jack Perry    Email

BOSTON (AP) -- A long-promised commuter rail project linking New Bedford and Fall River to Boston would create up to 3,800 permanent jobs by the year 2030 and generate nearly $500 million in economic activity, according to a new study.......

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Governor calls for wellness award nominations

7:51 AM Thu, Aug 06, 2009 | | Write a comment
By Jack Perry    Email

Governor Carcieri has put out the call for entries for his 2009 Governor's wellness innovation awards. Developed in 2007, the awards program salutes creative ways that businesses and other organizations promote healthy lifestyles for their employees and clients. This year's......

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Union says 291 to be laid off; Verizon says no layoffs

1:33 PM Wed, Aug 05, 2009 | | Write a comment
By News staff    Email

The local union that represents Verizon employees is telling its membership that management intends to lay off all of the company's 291 splice-service technicians in Rhode Island and Massachusetts who have been hired since August 2003. However, company spokesman Phil......

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Textron's Cessna unit gives executive new duties

12:19 PM Wed, Aug 05, 2009 | | Write a comment
By Paul Grimaldi    Email

The Cessna aircraft division of Providence-based Textron Inc. (TXT:NYSE) has named Brad Thress its vice president for customer service. He will report to Mark Paolucci, senior vice president for customer service at Cessna, which is located in Wichita, Kan. In......

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SEC wants millions from former CVS executive

2:14 PM Tue, Aug 04, 2009 | | Comments (1)
By Paul Grimaldi    Email

The U.S. Securities and Exchange Commission is seeking $22.6 million from a former CVS executive related to his activity with discount retailer Kmart. The one-time president of CVS Corp., Charles C. Conaway, has been under legal scrutiny shortly after Kmart......

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Newport Grand adds new blackjack games

2:02 PM Tue, Aug 04, 2009 | | Write a comment
By Paul Grimaldi    Email

The Newport Grand slot parlor has installed two new blackjack games to the lineup of gambling machines in its nonsmoking section. Each virtual gaming machine has seats for 10 gamblers. The minimum bet is $5. The machines are another move......

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Gasoline, diesel prices rise in Rhode Island

1:43 PM Tue, Aug 04, 2009 | | Write a comment
By C. Eugene Emery Jr.    Email

The price of self-service regular gasoline increased a hefty 5 cents per gallon over the last week according to the state's weekly survey of 13 stations that offer self service. The average price was $2.64 per gallon, marking the end......

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CVS Caremark 2Q profit tops view, boosts outlook

8:41 AM Tue, Aug 04, 2009 | | Write a comment
By Jack Perry    Email

NEW YORK (AP) -- Rhode Island-based CVS Caremark, one of the nation's biggest drugstore operators, said Tuesday its second-quarter profit rose 15 percent, helped by strong pharmacy benefits revenue and a retail sales boost due to a later Easter. The......

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Amica Insurance tops list in Consumer Reports' survey

7:15 AM Tue, Aug 04, 2009 | | Write a comment
By Neil Downing    Email

Consumer Reports magazine has named Amica Insurance, of Lincoln as one of the nation's top-rated providers of homeowners insurance. After surveying 10,700 readers nationwide about their satisfaction with their homeowners insurance claims service in the last few years, the magazine......

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R.I. governor seeks broadband ideas

5:43 PM Mon, Aug 03, 2009 | | Write a comment
By Alan Rosenberg    Email

By Paul Edward Parker Journal Staff Writer PROVIDENCE, R.I. -- The Governor's Office of Economic Recovery and Reinvestment is seeking ideas for ways Rhode Island can use a share of $4.7 billion in federal stimulus money to improve broadband networks......

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Ryan Center at URI revamps Web site

12:54 PM Mon, Aug 03, 2009 | | Write a comment
By Neil Downing    Email

By NEIL DOWNING Journal Staff Writer The Ryan Center at the University of Rhode Island has redesigned its Web site, making it easier to use and navigate, its managers said on Monday. The 7,500-seat center, in South Kingstown, is owned......

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Average price of gas climbs a bit in Rhode Island

11:25 AM Mon, Aug 03, 2009 | | Write a comment
By Neil Downing    Email

Gasoline prices in Rhode Island are up one cent compared with a week ago, according to the results of a survey published today by the auto club AAA Southern New England. It is the first such increase in six weeks,......

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