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<title>Projo Biz Blog</title>
<link rel="alternate" type="text/html" href="http://bizblog.projo.com/" />
<modified>2009-11-06T19:58:27Z</modified>
<tagline></tagline>
<id>tag:,2009:/782</id>
<generator url="http://www.movabletype.org/" version="4.23-en">Movable Type</generator>
<copyright>Copyright (c) 2009, Paul Grimaldi</copyright>

<entry>
<title>Woonsocket  baby goods company faces lawsuit</title>
<link rel="alternate" type="text/html" href="http://bizblog.projo.com/2009/11/woonsocket-baby-1.html" />
<modified>2009-11-06T19:58:27Z</modified>
<issued>2009-11-06T19:58:28Z</issued>
<id>tag:,2009:/782.534766</id>
<created>2009-11-06T19:58:28Z</created>
<summary type="text/plain">WOONSOCKET, R.I. -- Woonsocket-based Summer Infant Inc. has been hit with a potential class-action lawsuit, the consumer goods maker disclosed Friday in a federal regulatory filing. The complaint filed with the Circuit Court for Cook County, Ill., alleges that Summer...</summary>
<author>
<name>Paul Grimaldi</name>

<email>pgrimald@projo.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://bizblog.projo.com/">
<![CDATA[<p>WOONSOCKET, R.I. -- Woonsocket-based <a href="http://www.summerinfant.com/about.htm">Summer Infant Inc.</a> has been hit with a potential class-action lawsuit, the consumer goods maker disclosed Friday in a federal regulatory filing.</p>

<p>The complaint filed with the Circuit Court for Cook County, Ill., alleges that Summer Infant failed to properly warn consumers that signals from its video monitors could be viewed outside the consumer's home. </p>

<p>Summer Infant (SUMR:NASDAQ) designs and sells juvenile health, safety and wellness products to U.S. retailers. On Monday, the company reported net revenues for the third quarter of 2009 were $41 million, a 15-percent increase from $35.6 million in the third quarter of 2008. The revenue increase was driven in part, the company said, by strength in several key categories; including nursery, bath and monitors.</p>

<p>The company said it intends to vigorously defend itself against the complaint, according to the filing filed Friday with U.S. Securities and Exchange Commission.<br />
</p>]]>

</content>
</entry>

<entry>
<title>Ski ticket packages on sale</title>
<link rel="alternate" type="text/html" href="http://bizblog.projo.com/2009/11/ski-ticket-pack.html" />
<modified>2009-11-06T17:32:50Z</modified>
<issued>2009-11-06T17:32:53Z</issued>
<id>tag:,2009:/782.534727</id>
<created>2009-11-06T17:32:53Z</created>
<summary type="text/plain">A New Hampshire ski association is offering discount lift-ticket packages for the upcoming 2009-2010 ski season. Ticket prices offered through Ski New Hampshire, a statewide association representing 36 winter resorts and more than 200 lodging properties, range from $25 to...</summary>
<author>
<name>Paul Grimaldi</name>

<email>pgrimald@projo.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://bizblog.projo.com/">
<![CDATA[<p>A New Hampshire ski association is offering discount lift-ticket packages for the upcoming 2009-2010 ski season.</p>

<p>Ticket prices offered through Ski New Hampshire, a statewide association representing 36 winter resorts and more than 200 lodging properties, range from $25 to $60 per ticket. There is a minimum purchase of 12 lift tickets. For more information about Ski NH's Anywhere, Anytime ticket packages, visit <a href="http://www.skinh.com/">www.SkiNH.com </a> or call 1-800-887-5464.</p>]]>

</content>
</entry>

<entry>
<title>SEC launches investor education Web site</title>
<link rel="alternate" type="text/html" href="http://bizblog.projo.com/2009/11/sec-launches-in.html" />
<modified>2009-11-06T17:25:30Z</modified>
<issued>2009-11-06T17:25:00Z</issued>
<id>tag:,2009:/782.534729</id>
<created>2009-11-06T17:25:00Z</created>
<summary type="text/plain">The U.S. Securities and Exchange Commission has launched a Web site devoted to investor education, which includes a &quot;top tips&quot; list and advice on how to avoid financial scams. On the Web site consumers also can find information about how...</summary>
<author>
<name>Paul Grimaldi</name>

<email>pgrimald@projo.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://bizblog.projo.com/">
<![CDATA[<p>The U.S. Securities and Exchange Commission has launched a Web site devoted to investor education, which includes a "top tips" list and advice on how to avoid financial scams. </p>

<p>On the <a href="http://www.sec.gov/investor.shtml">Web site</a> consumers also can find information about how to get started investing, saving for a child's education and retirement planning.</p>]]>

</content>
</entry>

<entry>
<title>Retail group expands &apos;buyer beware&apos; listings</title>
<link rel="alternate" type="text/html" href="http://bizblog.projo.com/2009/11/retail-group-ex.html" />
<modified>2009-11-06T17:04:08Z</modified>
<issued>2009-11-06T17:04:39Z</issued>
<id>tag:,2009:/782.534720</id>
<created>2009-11-06T17:04:39Z</created>
<summary type="text/plain">The National Retail Federation warned consumers this week about buying certain health and beauty products, as well as certain foods through online auction sites because of suspected health hazards associated with improper storage of such items. The federation first issued...</summary>
<author>
<name>Paul Grimaldi</name>

<email>pgrimald@projo.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://bizblog.projo.com/">
<![CDATA[<p>The National Retail Federation warned consumers this week about buying certain health and beauty products, as well as certain foods through online auction sites because of suspected health hazards associated with improper storage of such items.</p>

<p>The federation first issued warnings in 2008 about items such as baby formula, Benedryl and pregnancy tests available on online auction sites. It's produced a new "Buyer Beware" list, adding warnings about such popular diet aids as Alli and hair-care product Pureology.</p>

<p>The complete <a href="http://www.nrf.com/modules.php?name=News&op=viewlive&sp_id=816">list </a>can be found on the federation's Web site. </p>]]>

</content>
</entry>

<entry>
<title>CVS names replacement for retiring chief financial officer</title>
<link rel="alternate" type="text/html" href="http://bizblog.projo.com/2009/11/cvs-names-repla.html" />
<modified>2009-11-06T17:02:46Z</modified>
<issued>2009-11-06T17:02:29Z</issued>
<id>tag:,2009:/782.534713</id>
<created>2009-11-06T17:02:29Z</created>
<summary type="text/plain">WOONSOCKET, RI -- CVS Caremark (CVS:NYSE) said Thursday that it has apponted David M. Denton as its new chief financial officer, effective Jan. 1, 2010. Denton will replace David Rickard, who is retiring at the end of 2009. Currently, Denton...</summary>
<author>
<name>Paul Grimaldi</name>

<email>pgrimald@projo.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://bizblog.projo.com/">
<![CDATA[<p>WOONSOCKET, RI -- CVS Caremark (CVS:NYSE) said Thursday that it has apponted David M. Denton as its new chief financial officer, effective Jan. 1, 2010.</p>

<p>Denton will replace David Rickard, who is retiring at the end of 2009. Currently, Denton is a senior vice president and controller at Woonsocket-based CVS.</p>

<p>Also this week, CVS named Len Greer as a senior vice president in charge of marketing for its pharmacy-benefit management division.</p>]]>

</content>
</entry>

<entry>
<title>Hasbro names TV veteran as studio executive</title>
<link rel="alternate" type="text/html" href="http://bizblog.projo.com/2009/11/hasbro-names-tv.html" />
<modified>2009-11-06T17:01:33Z</modified>
<issued>2009-11-06T17:01:56Z</issued>
<id>tag:,2009:/782.534710</id>
<created>2009-11-06T17:01:56Z</created>
<summary type="text/plain">PAWTUCKET, RI -- Hasbro Inc., (HAS: NYSE) has named television veteran Kathy Samuels as executive producer of the toymaker&apos;s new Hasbro Studios unit in Los Angeles. Samuels worked for both the CBS and NBC television networks, taking part in the...</summary>
<author>
<name>Paul Grimaldi</name>

<email>pgrimald@projo.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://bizblog.projo.com/">
<![CDATA[<p>PAWTUCKET, RI -- Hasbro Inc., (HAS: NYSE) has named television veteran Kathy Samuels as executive producer of the toymaker's new Hasbro Studios unit in Los Angeles.</p>

<p>Samuels worked for both the CBS and NBC television networks, taking part in the development and programming for such shows as "Rachel Ray," "Entertainment Tonight" and "Access Hollywood."</p>]]>

</content>
</entry>

<entry>
<title>Overnight gamblers could go hungry at Twin River</title>
<link rel="alternate" type="text/html" href="http://bizblog.projo.com/2009/11/overnight-gambl.html" />
<modified>2009-11-06T19:26:50Z</modified>
<issued>2009-11-06T15:38:10Z</issued>
<id>tag:,2009:/782.534690</id>
<created>2009-11-06T15:38:10Z</created>
<summary type="text/plain">LINCOLN, R.I. -- Ardent gamblers may be cheering this week&apos;s decision by the state&apos;s Lottery director to approve 24-hour gambling seven days a week at Twin River, but the slot parlor&apos;s late-night denizens better bring along their own snacks because...</summary>
<author>
<name>Paul Grimaldi</name>

<email>pgrimald@projo.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://bizblog.projo.com/">
<![CDATA[<p>LINCOLN, R.I. -- Ardent gamblers may be cheering this week's decision by the state's Lottery director to approve <a href="http://www.projo.com/news/content/all_night_gambling__11-05-09_SLGB5IC_v23.3985e49.html">24-hour gambling</a> seven days a week at Twin River, but the slot parlor's late-night denizens better bring along their own snacks because most of eateries there won't change their hours any time soon.</p>

<p>"The full-service restaurants like Fred & Steve's and Fado will maintain existing hours," Twin River spokeswoman Patti Doyle wrote in an e-mail to The Journal. "Some of the food court vendors such as Dunkin Donuts may extend hours."</p>

<p>Twin River's current hours of operation are 9 a.m. to 3 a.m. Monday through Thursday, and round-the-clock on weekends and holidays, with liquor service cut off between 12:30 and 12:45 a.m. </p>

<p>Earlier this week, Lottery Director Gerald Aubin approved round-the-clock gambling at Twin River, with the extended hours to begin in about two weeks.</p>

<p>After years when slow business pushed one restaurant company to close its Twin River outlet and forced the slot parlor to shut some of its own dining operations, food vendors there don't seem to be in a rush to extend their operating hours deep into the night. </p>

<p>"A lot of logistics are still being worked out, but largely no," Doyle wrote when asked whether the private food vendors would open longer after the changeover. </p>]]>

</content>
</entry>

<entry>
<title>Pharmacy sales boost profits at CVS</title>
<link rel="alternate" type="text/html" href="http://bizblog.projo.com/2009/11/pharmacy-sales.html" />
<modified>2009-11-05T14:07:29Z</modified>
<issued>2009-11-05T12:41:51Z</issued>
<id>tag:,2009:/782.534449</id>
<created>2009-11-05T12:41:51Z</created>
<summary type="text/plain">Drugstore sales and pharmacy benefits sevices boosted third-quarter profits at Woonsocket-based CVS Caremark Corp. by 39 percent. CVS said Thursday that profits jumped to $1.02 billion, or 71 cents per share, from $732.5 million, or 50 cents per share, a...</summary>
<author>
<name>Business staff</name>

<email>jkostrze@projo.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://bizblog.projo.com/">
<![CDATA[<p>Drugstore sales and pharmacy benefits sevices boosted third-quarter profits at Woonsocket-based <a href="http://phx.corporate-ir.net/phoenix.zhtml?c=99533&p=irol-irhome">CVS Caremark Corp</a>. by 39 percent.</p>

<p>CVS said Thursday that profits jumped to $1.02 billion, or 71 cents per share, from $732.5 million, or 50 cents per share, a year prior. Net revenue rose 18 percent to $24.64 billion.</p>

<p>Wall Street analysts forecast earnings of 64 cents per share and $24.61 billion in revenue.</p>

<p>Revenue at CVS drugstores rose 17.9 percent while revenue from the Caremark pharmacy benefits management business rose 23.4 percent.</p>]]>

</content>
</entry>

<entry>
<title>Rhode Island tax revenue drops</title>
<link rel="alternate" type="text/html" href="http://bizblog.projo.com/2009/11/rhode-island-ta-2.html" />
<modified>2009-11-05T01:27:50Z</modified>
<issued>2009-11-04T22:57:01Z</issued>
<id>tag:,2009:/782.534379</id>
<created>2009-11-04T22:57:01Z</created>
<summary type="text/plain">State tax collections plunged over the last four months, yet another sign that Rhode Island&apos;s economy is going nowhere fast. The Rhode Island Division of Taxation presented figures at a State House conference on Wednesday which showed that the amount...</summary>
<author>
<name>Neil Downing</name>

<email>moneyline@projo.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://bizblog.projo.com/">
<![CDATA[<p>State tax collections plunged over the last four months, yet another sign that Rhode Island's economy is going nowhere fast.</p>

<p>The Rhode Island Division of Taxation presented figures at a State House conference on Wednesday which showed that the amount of money the state collected in tax revenue for the four months ended Oct. 31 fell in several key categories when compared with the same period last year.</p>

<p>Sales tax revenue, a prime barometer, dropped by nearly $20 million. That number alone suggests that Rhode Islanders made $282 million less in taxable purchases - such as computers, appliances, TV sets and jewelry - during the last four months than in the same period a year ago.<br />
</p>]]>
<![CDATA[<p>And last year was not exactly a boom time, said Mark Higgins, dean of the University of Rhode Island's College of Business Administration.</p>

<p>"People aren't going out and buying plasma TV's" and other such taxable items to the extent they did a year ago, Higgins said in a telephone interview after Wednesday afternoon's meeting.</p>

<p>"If you've got high unemployment, your sales tax [collections are] going to go down," he said. "There's less disposable income in the economy." (The state's seasonally adjusted unemployment rate for September was 13 percent.)</p>

<p>Russell Dannecker, former state Senate fiscal advisor, who attended Wednesday's meeting, said that, overall, state tax revenue figures are "down considerably" compared with a year ago.</p>

<p>"It's just a reflection of the downturn" in the economy, said Dannecker, now fiscal policy analyst for the Poverty Institute at Rhode Island College, which analyzes tax and budget policies on behalf of low-income people.</p>

<p>As a result, "You're obviously going to have more pressure on [the state] budget. There'll be more pressure to cut. There'll be more pressure to raise taxes," he said.</p>

<p>Among the highlights of Wednesday's presentation regarding tax revenue in the last four months:</p>

<p>* Collections in the state's business corporation tax plunged to $4.5 million from $14.8 million in the same period a year earlier, a $10.3-million drop.</p>

<p>* Sales tax collections dropped by $19.77 million, or 6.6 percent, to about $278.6 million.</p>

<p>* Net receipts from personal income-tax collections (after refunds and other adjustments) fell by $14.3 million, or 4.5 percent, to $307.8 million.</p>

<p>Paul Dion, chief of the state Office of Revenue Analysis, said, "Nobody can be surprised that we're down [in revenues], given the state of the economy."</p>

<p>State Tax Administrator David M. Sullivan said, "I don't think we're in any different shape [than] any other state."</p>

<p>A conference of state budget officials will now analyze the revenue figures, and other data, as it prepares a final report in the days ahead.</p>

<p>State Budget Officer Rosemary Booth Gallogly, who chairs the conference, stressed that the group has not completed its work, and that figures presented Wednesday are preliminary.</p>

<p>But she found a glimmer of hope. "It's still bad," but there are signs of a possible bottom, she said.</p>

<p>Dion said that while the sales tax revenue figure in particular "does not look good," certain revenue figures, involving the personal income tax, picked up a bit. "It bears watching," he said.</p>

<p>Overall, Dion said, "I think we're starting to find a bottom somewhere here," probably over the next six months or so.<br />
</p>]]>
</content>
</entry>

<entry>
<title>N.Y. firm buys century-old, R.I.-based JT&apos;s Lumber</title>
<link rel="alternate" type="text/html" href="http://bizblog.projo.com/2009/11/ny-firm-buys-ce.html" />
<modified>2009-11-04T17:27:54Z</modified>
<issued>2009-11-04T17:27:02Z</issued>
<id>tag:,2009:/782.534286</id>
<created>2009-11-04T17:27:02Z</created>
<summary type="text/plain">By Bruce Landis Journal staff writer A family-owned landmark for Rhode Island builders and home do-it-yourselfers, JT&apos;s Lumber Company, has been sold to a New York lumber business, officials said. The buyer is Riverhead Building Supply Corp., which operates nine...</summary>
<author>
<name>Pam Cotter</name>
<url>http://fitnessblog.projo.com/</url>
<email>pcotter@projo.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://bizblog.projo.com/">
<![CDATA[<p>By Bruce Landis<br />
Journal staff writer</p>

<p>A family-owned landmark for Rhode Island builders and home do-it-yourselfers, <a href="http://www.jtslumber.com/">JT's Lumber Company</a>, has been sold to a New York lumber business, officials said.</p>

<p>The buyer is <a href="http://www.rbscorp.com/index.aspx">Riverhead Building Supply Corp</a>., which operates nine lumber and building supply stores on Long Island.  Riverhead Marketing Manager Gael Harden said the company plans to keep JT's name and employees at its two locations in North Kingstown and Middletown. She said it will rename JT's Signature Spaces showrooms to match Riverhead's five similar Perimeter Showrooms.</p>

<p>The sale saw one long-time family-owned company buy an even older family-owned company.</p>

<p>Patrick Rooney, president and CEO of JT's, is the grandson of James T. O'Connell, who founded the company in Newport in 1909.</p>

<p>Edgar Goodale, Riverhead's president, is descended from the family that started that company more than 60 years ago, Harden said.</p>

<p> "Our goal is to keep the JT's Lumber tradition going strong for another 100 years," Goodale said in announcing the acquisition. The price wasn't stated. The closing was Friday, Harden said.<br />
</p>]]>

</content>
</entry>

<entry>
<title>DOT to eliminate Route 95 southbound split</title>
<link rel="alternate" type="text/html" href="http://bizblog.projo.com/2009/11/dot-to-eliminat.html" />
<modified>2009-11-03T21:35:49Z</modified>
<issued>2009-11-03T21:33:47Z</issued>
<id>tag:,2009:/782.534091</id>
<created>2009-11-03T21:33:47Z</created>
<summary type="text/plain">PROVIDENCE, RI -- The state Department of Transportation said that it will eliminate a split in the southbound lanes of Route 95 Wednesday night, and, in a larger move, close the existing Exit 20 from Route 95 southbound to Route...</summary>
<author>
<name>News staff</name>
<url>http://projo.com</url>
<email>apancier@projo.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://bizblog.projo.com/">
<![CDATA[<p>PROVIDENCE, RI -- The state <a href="http://www.dot.state.ri.us/">Department of Transportation </a>said that it will eliminate a split in the southbound lanes of Route 95 Wednesday night, and, in a larger move, close the existing Exit 20 from Route 95 southbound to Route 195 eastbound  beginning Friday night and replace it with a temporary ramp.</p>

<p>The work Wednesday night is to be finished in time for the Thursday morning commute, the department said.</p>

<p>DOT spokesman Charles St. Martin said the department is expecting traffic congestion until motorists get used to the changes, which are part of the DOT's huge project relocating part of Route 195 and its interchange with Route 95.</p>

<p>The DOT said it will close the existing Exit 20 at 11 p.m. Friday and open a new, temporary ramp near the Point Street overpass, about 1,000 feet to the south. The DOT said that because it will be eliminating a lane on both the exit ramp and Route 95, motorists should use alternate routes during the evening and Saturday morning. The work is scheduled to be complete by late morning on Saturday, Nov. 7.</p>

<p>The agency said it has to relocate the exit to take a number of steps in the overall project. Those include building a new on-ramp from Point Street to Route 95 south and building the permanent Exit 20 and a new Exit 19 from Route 95 south to the hospitals area and Eddy Street. The department said it expects that the Point Street ramp and the new Eddy Street ramps will open late next year.</p>

<p>Next fall, the DOT said it will again relocate Exit 20, this time to its permanent location south of the Broad Street overpass. </p>

<p>The DOT has maps of the changes on its Web site.</p>]]>

</content>
</entry>

<entry>
<title>Kennedy Plaza repaving ahead of schedule</title>
<link rel="alternate" type="text/html" href="http://bizblog.projo.com/2009/11/kennedy-plaza-r.html" />
<modified>2009-11-03T19:40:44Z</modified>
<issued>2009-11-03T19:36:25Z</issued>
<id>tag:,2009:/782.534056</id>
<created>2009-11-03T19:36:25Z</created>
<summary type="text/plain">By Bruce Landis Journal Staff Writer Journal photo/ Frieda Squires Repaving at Kennedy Plaza in Providence has forced riders to catch their buses at different spots in downtown Providence. PROVIDENCE, R.I. -- A contractor for the Rhode Island Public Transit...</summary>
<author>
<name>News staff</name>
<url>http://projo.com</url>
<email>apancier@projo.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://bizblog.projo.com/">
<![CDATA[<p>By Bruce Landis<br />
Journal Staff Writer</p>

<p><span class="mt-enclosure mt-enclosure-image" style="display: inline;"><img alt="FS_20268.JPG" src="http://newsblog.projo.com/FS_20268.JPG" width="512" height="341" class="mt-image-none" style="" /></span><br />
Journal photo/ Frieda Squires<br />
Repaving at Kennedy Plaza in Providence has forced riders to catch their buses at different spots in downtown Providence.</p>

<p>		 <br />
PROVIDENCE, R.I. -- A contractor for the <a href="http://www.ripta.com/">Rhode Island Public Transit Authority</a> is tearing up the asphalt at Kennedy Plaza, the state's major bus hub, forcing the agency to spread its stops to the surrounding blocks. But so far, bus riders seem to be finding their buses without major problems.</p>

<p>The authority's deputy general manager, Henry S. Kinch, said that construction, which began Sunday night, is going well enough that RIPTA hopes to finish the resurfacing a few days before the scheduled completion date, Nov. 26.<a href="http://www.jhlynch.com/index.html"> J. H. Lynch Sons</a> is the contractor.</p>

<p>A scattering of passengers said in interviews that they had no trouble finding their new stops, mostly because of the fliers that RIPTA distributed ahead of time. The fliers include an aerial photo showing the <a href="http://www.ripta.com/content2011.html">locations of 18 temporary stops</a> and the buses that stop at them.</p>

<p>Kinch said the public has been cooperative. He said the project is working as well as it is because the authority put out a great deal of information, using fliers, maps, radio and newspaper advertising, and either visits or emails to officials at about 80 nearby businesses, to let riders know where to catch their buses. RIPTA supervisors have been posted around the plaza to help people find their new stops.</p>

<p>"We could do better," Kinch said, but he added that RIPTA has been able to respond as problems developed, like adding signs for the Greyhound and Bonanza buses.</p>

<p>The longest walk the new stops could require is a bit less than half a mile, from Exchange Street at the eastern corner of the plaza around the plaza  to the far end of the Providence Convention Center, on Sabin Street. Kinch acknowledged that some of the displaced stops can result in long walk and problems for riders making connections between buses.</p>

<p>For instance, Kevin Butler said RIPTA did an "admirable" job explaining the changes, but said he that he now must walk from Exchange Street to the far distant corner of Kennedy Plaza. He said he's worried about making a connection with the last bus of the day, at 7 p.m., or having to hope for a ride.</p>

<p>Kinch said the authority's supervisors are holding some buses to let riders make that sort of connection, if riders let bus drivers know about the problem.</p>

<p><a href="http://www.projo.com/video/?nvid=411177&shu=1"><strong>Video:</strong> A different kind of rush hour at Kennedy Plaza</a></p>]]>

</content>
</entry>

<entry>
<title>Textron executive to retire</title>
<link rel="alternate" type="text/html" href="http://bizblog.projo.com/2009/11/textron-executi.html" />
<modified>2009-11-03T14:36:08Z</modified>
<issued>2009-11-03T14:34:38Z</issued>
<id>tag:,2009:/782.533989</id>
<created>2009-11-03T14:34:38Z</created>
<summary type="text/plain">Mary Howell, executive vice president at Textron, will retire on Dec. 31 after 30 years at the company. Howell joined Textron in 1980 and has been an officer of the corporation for 24 years. She has served on the Management...</summary>
<author>
<name>Business staff</name>

<email>jkostrze@projo.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://bizblog.projo.com/">
<![CDATA[<p>Mary Howell, executive vice president at Textron, will retire on Dec. 31 after 30 years at the company. </p>

<p>Howell joined Textron in 1980 and has been an officer of the corporation for 24 years. She has served on the Management Committee, comprised of Textron's top executives responsible for the management of the company, for the past 15 years.</p>

<p>"Mary's leadership in Textron's defense businesses contributed significantly to the success of the V-22 and H-1 programs, which are vital to the United States Marine Corps," said Textron Chairman and Chief Executive Officer Lewis B. Campbell. "She had an unwavering commitment to our military customers and played a key role in our strategic acquisitions to strengthen our defense capabilities. In addition, Mary has been an effective leader in our pursuit of global business expansion, most recently in India and China."<br />
</p>]]>

</content>
</entry>

<entry>
<title>Government job fair to be held at Bryant University</title>
<link rel="alternate" type="text/html" href="http://bizblog.projo.com/2009/11/government-job.html" />
<modified>2009-11-02T21:47:08Z</modified>
<issued>2009-11-02T21:29:47Z</issued>
<id>tag:,2009:/782.533881</id>
<created>2009-11-02T21:29:47Z</created>
<summary type="text/plain">SMITHFIELD, R.I. -- Government agencies will be eyed as more than the sources of speeding tickets and income tax forms this week at a special job fair to be held on the campus of Bryant University. More than 600 college...</summary>
<author>
<name>Barbara Polichetti</name>

<email>bpoliche@projo.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://bizblog.projo.com/">
<![CDATA[<p>SMITHFIELD, R.I. --  Government agencies will be eyed as more than the sources of speeding tickets and income tax forms this week at a special job fair to be held on the campus of <a href="http://www.bryant.edu/Bryant/">Bryant University</a>.</p>

<p>More than 600 college students from across the state are expected to attend the fair which will give attendees a chance to explore career opportunities with representatives from 34 government agencies, ranging from the Boston Fire Department to the Federal Bureau of Investigation.</p>

<p>The job fair will be held Thursday from 2 to 5 p.m. at Bryant's Multipurpose Activities Center. People interested in attending are asked to register in advance by visiting a <a href="https://www.myinterfase.com/rice/student/home.aspx">secure website</a>.</p>

<p>A partial list of participating agencies includes the U.S. Customs and Border Protection, the Federal Bureau of Prisons, the Massachusetts Division of Banks and the U.S. Department of Housing and Urban Development.</p>

<p>This is the second government career fair held at Bryant this year and the first drew more than 630 job seekers.<br />
</p>]]>

</content>
</entry>

<entry>
<title>Gaming executive drops bid to run Twin River slot parlor</title>
<link rel="alternate" type="text/html" href="http://bizblog.projo.com/2009/11/gaming-executiv.html" />
<modified>2009-11-02T16:57:35Z</modified>
<issued>2009-11-02T16:20:35Z</issued>
<id>tag:,2009:/782.533802</id>
<created>2009-11-02T16:20:35Z</created>
<summary type="text/plain">A Las Vegas gaming executive has dropped his bid for a license to operate a gaming facility in Rhode Island amid concerns about his efforts to create a Massachusetts casino that would compete with the Twin River slot parlor. William...</summary>
<author>
<name>Paul Grimaldi</name>

<email>pgrimald@projo.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://bizblog.projo.com/">
<![CDATA[<p>A Las Vegas gaming executive has dropped his bid for a license to operate a gaming facility in Rhode Island amid concerns about his efforts to create a Massachusetts casino that would compete with the Twin River slot parlor.</p>

<p>William H. Warner, of Warner Gaming, on Friday informed the R.I. Department of Business Regulation that he was withdrawing his application for a gaming operator's license, according to Michael Marques,  the department's director. </p>

<p>The department began reviewing Warner's background last summer when he came under consideration for taking over management of the financially troubled Twin River operation. The company that operates Twin River, <a href="http://newsblog.projo.com/2009/06/twin-river-file.html">UTGR Inc.</a>, filed for federal bankruptcy protection in June. </p>

<p>In October, Warner and a partner unveiled a proposal to build a resort casino in Milford, Mass., joining the crowd of developers betting that opposition to casino gambling in Massachusetts will finally crumble under the weight of the Bay State's deep financial problems. Warner's proposal -- known as the <a href="http://www.projo.com/news/casino/content/WARNER_MILFORD_CASINO_10-21-09_8NG5IQL_v14.36f3de9.html">Crossroads Resort Project </a> -- would create a gambling complex that could house 5,000 slot machines, 250 gambling tables, hotel rooms, restaurants and all the accoutrements of a full-fledged casino resort. </p>

<p>That proposal apparently raised the hackles of the lenders trying to <a href="http://www.projo.com/news/content/TWIN_RIVER_DOGDEAL_10-24-09_CFG6QTQ_v20.38b8908.html">realign </a> Twin River's finances, according to Marques.</p>

<p>"He indicated he was withdrawing his application because [UTGR's] lenders communicated to him that the were not comfortable with his plans for gaming in another state," Marques said.</p>]]>

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