Projo Biz Blog

October 11, 2009 - October 17, 2009 Archives


R.I. submits plan for appliance rebate program

11:08 AM Fri, Oct 16, 2009 | | Write a comment
By Paul Grimaldi    Email

Rhode Island met the federal government's Oct. 15 deadline for devising a plan to encourage the use of energy-efficient home appliances, which will make about $1 million in sales rebates available to the state's residents over the next three years.......

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Talks between National Grid and Deepwater Wind stall

7:36 AM Fri, Oct 16, 2009 | | Comments (1)
By News staff    Email

By Alex Kuffner Journal Staff Writer PROVIDENCE, R.I. -- National Grid has rejected a proposal to purchase energy from a wind farm that Deepwater Wind plans to build off Block Island. In documents filed with the state Public Utilities Commission......

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Mass. unemployment rate increases to 9.3 percent

1:11 PM Thu, Oct 15, 2009 | | Comments (2)
By News staff    Email

BOSTON (AP) -- The unemployment rate in Massachusetts rose to 9.3 percent in September, as the state lost another 9,200 jobs. The jobless rate in Massachusetts remains a half point lower than the national average, which rose to 9.8 percent......

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Report: RI foreclosure rate drops, bucks national trend

1:03 PM Thu, Oct 15, 2009 | | Comments (1)
By News staff    Email

By Christine Dunn Journal staff writer PROVIDENCE, R.I. -- Rhode Island experienced a decline in its foreclosure rate in the third quarter of 2009, bucking the national trend, according to the third-quarter Foreclosure Market Report from RealtyTrac of Irvine, Calif.......

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Brown, food service workers reach tentative settlement

3:01 AM Thu, Oct 15, 2009 | | Write a comment
By Bruce Landis    Email

PROVIDENCE, R.I. -- Brown University and its food service workers reached a tentative contract settlement early today, shortly after the union's contract expired at midnight. Mark Nickel, Brown's director of university communications, said that negotiators reached the agreement with Local......

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Dow passes 10,000 for first time in a year

4:14 PM Wed, Oct 14, 2009 | | Write a comment
By Pamela Reinsel Cotter    Email

NEW YORK (AP) -- The Dow Jones industrial average has reclaimed 10,000 for the first time in a year. The Dow crossed five figures in afternoon trading Wednesday, seven months after it hit a 12-year low of 6,547.05 on March......

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Hospitality Economic Outlook: slow and steady recovery

1:11 PM Wed, Oct 14, 2009 | | Comments (1)
By News staff    Email

By Lisa Vernon-Sparks Journal Staff Writer WARWICK, R.I. -- Rhode Island's hospitality industry has sustained some serious blows during the economic downturn, but experts say it can expect a slow but steady ride toward recovery. The forecast, a mixed bag......

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Twin River, greyhound owners expect deal by mid-November

2:43 PM Tue, Oct 13, 2009 | | Write a comment
By News staff    Email

By Paul Grimaldi Journal Staff Writer PROVIDENCE -- Lawyers for the Twin River slot parlor and a greyhound owners association on Tuesday afternoon told a federal judge they expect to finalize an agreement in their dispute over dog racing at......

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Cicilline visits D.C. to promote Providence port expansion

2:19 PM Tue, Oct 13, 2009 | | Write a comment
By News staff    Email

PROVIDENCE, R.I. -- Mayor David N. Cicilline is in Washington, D.C. today meeting with U.S. Deputy Secretary of Transportation John D. Porcari to appeal for a $39-million federal stimulus grant to fund an expansion of ProvPort into the short sea......

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Union asks judge to hold Twin River in contempt

12:54 PM Tue, Oct 13, 2009 | | Write a comment
By Paul Grimaldi    Email

PROVIDENCE, R.I. -- The Twin River slot parlor apparently wants to curtail its simulcast racing operation, according to a legal motion filed Tuesday by the slot parlor's pari-mutuel clerks in U.S. District Court in Providence According to the court filing,......

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Gas prices fall for sixth straight week in Rhode Island

10:33 AM Tue, Oct 13, 2009 | | Write a comment
By News staff    Email

PROVIDENCE, R.I. -- Gasoline prices in Rhode Island fell another 4 cents last week and have dropped for six straight weeks, according to AAA Southern New England. The average price for a gallon of regular, unleaded gasoline here is $2.509......

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