Projo Biz Blog

September 27, 2009 - October 3, 2009 Archives


ATW Cos. to open East Providence facility, create jobs

3:11 PM Fri, Oct 02, 2009 | | Write a comment
By News staff    Email

WARWICK, R.I. -- Warwick-based ATW Companies Inc. plans to open a new facility in East Providence following the acquisition of the metal injection molding division of Morgan Advanced Ceramics, based in New Bedford, Mass. The acquisition will create some new......

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Commerce dept. grants to boost RI 'knowledge economy'

1:52 PM Thu, Oct 01, 2009 | | Comments (1)
By News staff    Email

PROVIDENCE, R.I. -- Local innovators and institutions working to strengthen Rhode Island's knowledge economy can apply for $100,000 grants now available from the U.S. Department of Commerce's Economic Development Administration. Organizations, particularly in the health care, research and design sectors......

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Stimulus funds for RI nonprofits offering job training

1:51 PM Thu, Oct 01, 2009 | | Write a comment
By News staff    Email

PROVIDENCE, R.I. -- Rhode Island has received $100,000 in federal stimulus grants under the Strengthening Communities Fund, a new program aimed at helping nonprofit organizations improve their ability to provide job training and other assistance for economic independence. The Strengthening......

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Jobless benefits extension hits snag in US Senate

1:42 PM Thu, Oct 01, 2009 | | Write a comment
By News staff    Email

WASHINGTON (AP) -- A 13-week extension of unemployment benefits in the 27 states with the highest jobless rates is being slowed by some lawmakers upset that their own states would be left out. Senate leaders had hoped for a quick......

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Oversight of bankrupt Twin River slot parlor to change

10:29 AM Thu, Oct 01, 2009 | | Write a comment
By News staff    Email

PROVIDENCE, R.I. -- Lawyers for the bankrupt Twin River slot parlor have filed a request in federal court for permission to "transition" ownership of the Lincoln gambling venue by Oct. 23 to its major lenders -- a necessary step toward......

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Channel 10 brings back meteorologist Ley

ley.JPG 8:35 AM Thu, Oct 01, 2009 | | Write a comment
By News staff    Email

PROVIDENCE, R.I. -- Channel 10, WJAR-TV, has announced the return of longtime station meteorologist Gary Ley, who was laid off in March and will now return to NBC 10 to forecast the weather on "Weekend Sunrise." Ley The local station......

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R.I. to borrow again to help pay unemployment benefits

10:49 AM Wed, Sep 30, 2009 | | Write a comment
By Neil Downing    Email

The state fund that distributes unemployment benefits will have to borrow from Uncle Sam once again to help cover payments to the unemployed. The state Department of Labor and Training, which oversees the fund, said on Wednesday that it plans......

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Providence judge throws out $388M verdict vs. Microsoft

9:44 AM Wed, Sep 30, 2009 | | Write a comment
By News staff    Email

By Susan Decker and Cary O'Reilly Sept. 30 (Bloomberg) -- Microsoft Corp., the world's biggest maker of computer software, won a ruling that throws out a $388 million jury verdict over a patent on software used to deter piracy. U.S.......

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Housing market in Mass. shows signs of recovery

1:32 PM Tue, Sep 29, 2009 | | Write a comment
By Business staff    Email

The housing market in Massachusetts is showing signs of recovery, but is still struggling in the lingering recession. There were 4,055 sales of single-family homes in Massachusetts in August, up 0.4 percent from August 2008, according to report released Tuesday......

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Mass. housing market perks up

10:43 AM Tue, Sep 29, 2009 | | Write a comment
By Jack Perry    Email

BOSTON (AP) -- The number of home sales in Massachusetts rose slightly in August compared to the same month a year ago, as prices continued to fall. The Warren Group, a Boston-based publisher of real estate data, reported Tuesday that......

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Twin River, greyhound owners reach 'preliminary' accord

9:51 AM Tue, Sep 29, 2009 | | Write a comment
By News staff    Email

LINCOLN, R.I. -- The Twin River slot parlor and a greyhound owners association have reached a "preliminary agreement" in their dispute over dog racing at the Lincoln gambling venue, according to a federal court filing made late Monday. UTGR Inc.,......

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R.I. to get $2.6 million for unemployment programs

3:57 PM Mon, Sep 28, 2009 | | Write a comment
By Neil Downing    Email

Rhode Island will receive $2.6 million to upgrade technology involving the state's unemployment insurance programs, the U.S. Department of Labor said on Monday. The upgrades will improve the operation and security of unemployment insurance systems, Labor Secretary Hilda L. Solis......

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AT&T seeks to fill job openings in R.I., Mass. and N.H.

12:14 PM Mon, Sep 28, 2009 | | Write a comment
By Neil Downing    Email

AT&T plans to hold two job fairs on Wednesday - one in Dedham, Mass., the other in Waltham, Mass. - to help fill more than 100 open positions in Rhode Island, Massachusetts and southern New Hampshire. The openings, in AT&T's......

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Carcieri named vice chair of wind power coalition

12:00 PM Mon, Sep 28, 2009 | | Write a comment
By News staff    Email

By Alex Kuffner Journal staff writer Governor Carcieri has been named vice chairman of the Governors' Wind Energy Coalition, a bipartisan group dedicated to promoting wind power. Iowa Governor Chet Culver, chairman of the coalition of 28 state governors, announced......

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Lawyers want RI labor dept. to rule in Twin River pay case

11:46 AM Mon, Sep 28, 2009 | | Write a comment
By News staff    Email

By Paul Grimaldi Journal staff writer Lawyers representing the Twin River slot parlor in its federal bankruptcy case have an agreement with a labor lawyer that could open the way for 56 security guards to receive overtime pay. The lawyers......

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Rhode Island fuel prices fall

10:18 AM Mon, Sep 28, 2009 | | Write a comment
By Neil Downing    Email

Rhode Island fuel prices were down across the board on Monday compared with the same point a week ago, according to the Rhode Island Office of Energy Resources. The average price of regular, self-serve gasoline dropped 6 cents, to about......

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CVS profits may narrow on U.S. contract overhaul

8:11 AM Mon, Sep 28, 2009 | | Write a comment
By Business staff    Email

CVS Caremark Corp. and Medco Health Systems may generate less profit from a shared $10 billion contract for federal-employee drug benefits after a study found the plan costs more than other government prescription programs. A House of Representatives subcommittee will......

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