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September 6, 2009 - September 12, 2009 Archives
3:32 PM Fri, Sep 11, 2009 | Permalink |
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By Business staff Email
Andrew Nosal, owner of The Map Center at 671 North Main St. in Providence, said he plans to reopen as soon as possible after a fire Thursday in the multi-use building that houses his business. Nosal said it's too early......
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3:16 PM Fri, Sep 11, 2009 | Permalink |
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By Business staff Email
A Michigan food producer is recalling its peanut products, sold in Rhode Island among other states, because of possible salmonella contamination, according to the Associated Press. Salmonella is an organism that can cause serious and sometimes fatal infections, especially in......
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8:35 AM Fri, Sep 11, 2009 | Permalink |
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By Business staff Email
Atlantic deep-sea red crab fishermen have received certification from an international conservation organization for having a sustainable fishery. The London-based Marine Stewardship Council says it's the first East Coast fishery to attain the certification. The red crab fishery consists of......
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5:11 PM Thu, Sep 10, 2009 | Permalink |
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By Neil Downing Email
By NEIL DOWNING Journal Staff Writer State Rep. Steven M. Costantino (D-Providence), chairman of the powerful House Finance Committee, said today that he would not rule out changes to the state's tax system -- including possible tax increases -- when......
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3:01 PM Thu, Sep 10, 2009 | Permalink |
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By Andy Smith Email
The Massachusetts Bay Transportation Authority board Thursday approved long-waited plans to extend commuter rail service from Boston to T.F. Green Airport in Warwick, and ultimately to Wickford Junction in North Kingstown. The service would begin in 2011, and tentative plans......
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12:40 PM Thu, Sep 10, 2009 | Permalink |
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By Neil Downing Email
By NEIL DOWNING Journal Staff Writer State Rep. Steven M. Costantino (D-Providence), chairman of the powerful House Finance Committee, said today that he would not rule out changes to the state's tax system -- including possible tax increases -- when......
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10:05 AM Thu, Sep 10, 2009 | Permalink |
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By Jack Perry Email
BOSTON (AP) -- The MBTA board of directors is scheduled to vote on a contract that would extend commuter rail service in Rhode Island to T.F. Green Airport in Warwick and South Kingstown. If approved at Thursday's Massachusetts Bay Transportation......
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9:29 AM Thu, Sep 10, 2009 | Permalink |
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By Business staff Email
Providence-based Textron, struggling through a restructuring amid the recession, said its Cessna unit will see a "modest rebound in demand next year" after the most difficult period in the history of business jets. Chief Executive Officer Lewis Campbell said the......
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9:05 AM Thu, Sep 10, 2009 | Permalink |
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By Business staff Email
Investments from Brown University's endowment fell 23 percent in the fiscal year that ended June 30, according to Bloomberg News. Overall, the total value of the endowment fell 27 percent to $2.04 billion, President Ruth Simmons said on Wednesday. The......
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3:09 PM Wed, Sep 09, 2009 | Permalink |
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By Business staff Email
By Alex Kuffner Journal Staff Writer PROVIDENCE, R.I. -- The committee searching for a new executive director of the Rhode Island Economic Development Corporation has selected two finalists from out of state and could recommend a single candidate to Governor......
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12:58 PM Wed, Sep 09, 2009 | Permalink |
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By News staff Email
WESTERLY, R.I. -- Finn M.W. Caspersen, a Shelter Harbor summer resident and past chairman and chief executive officer of Beneficial Corp., an international financial-services company, died of a self-inflicted gunshot wound on Monday afternoon, police said Wednesday. Police went......
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8:18 AM Wed, Sep 09, 2009 | Permalink |
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By Business staff Email
Woonsocket-based CVS Caremark Corp. will repay $2.8 million to consumers who bought a dietary supplement that was falsely marketed as a product that could prevent illness, the Federal Trade Commission said. CVS touted its AirShield tablets and powders as a......
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8:10 AM Wed, Sep 09, 2009 | Permalink |
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By Business staff Email
Amtrak commuters in Rhode Island and 12 other states and the District of Columbia may undergo random baggage inspections Wednesday as the passenger railroad and federal agencies conduct a security exercise. The Transportation Security Administration, Amtrak police and law enforcement......
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4:39 PM Tue, Sep 08, 2009 | Permalink |
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By Andy Smith Email
American Traffic Solutions, Inc., an Arizona-based company, submitted the winning bid Tuesday for Nestor Traffic Systems, the Rhode Island traffic technology company that went into receivership in June. Jonathan N. Savage, a partner with Shechtman Halperin Savage LLP who had......
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4:01 PM Tue, Sep 08, 2009 | Permalink |
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By Pamela Reinsel Cotter Email
By Lisa Vernon-Sparks Journal staff writer Providence Journal photo / Mary Murphy Sen. Jack Reed, U.S. Labor Secretary Hilda Solis and U.S. Rep. Patrick Kennedy watch the president's speech as it was shown on a big screen in the auditorium......
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10:26 AM Tue, Sep 08, 2009 | Permalink |
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By Neil Downing Email
Pump prices in Massachusetts fell for the first time in seven weeks, according to the motor club AAA Southern New England. The price of a gallon of regular self-serve gas is $2.619 today, down three cents from last week, AAA......
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10:26 AM Tue, Sep 08, 2009 | Permalink |
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By Jack Perry Email
PROVIDENCE, R.I. -- Gas prices in Rhode Island dropped 2 cents last week, the first time gas prices have fallen in six weeks, according to AAA Southern New England. The average price for a gallon of regular unleaded gasoline is......
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9:29 AM Tue, Sep 08, 2009 | Permalink |
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By Business staff Email
Journal photo/ John Freidah Toll collector Carisa Daniels explains to a driver where and how they can obtain an E-ZPass. By Alex Kuffner Journal Staff Writer JAMESTOWN - Only a handful of motorists crossing the Pell Bridge on Tuesday......
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9:04 AM Tue, Sep 08, 2009 | Permalink |
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By Business staff Email
The Slater Technology Fund said on Tuesday it has awarded $250,000 to Providence-based biotech startup Sentient Bioscience, founded by Brown University professors Tim Murphy and Edith Mathiowitz of Brown Medical School and the Department of Molecular Pharmacology and Biotechnology, respectively.......
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8:09 AM Tue, Sep 08, 2009 | Permalink |
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By Business staff Email
Trading on Wall Street resumes at 9:30 a.m. after the three day holiday weekend with the three major indexes all in positive territory in 2009. The Dow Jones Industrial Average is up 7.6 percent. The Nasdaq Composite Index gained 28......
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