Projo Biz Blog

State forced to borrow again to cover unemployment

3:54 PM Fri, Jul 03, 2009 | Permalink | Write a comment
By C. Eugene Emery Jr.    Email

PROVIDENCE, R.I. - Once again, the well of money to pay basic state unemployment insurance claims is running low and the state is going to have to borrow money from the feds to cover the bill. The state Department of......

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 Tags  Department of Labor and Training   unemployment insurance  

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R.I. tax agency issues notice to more than 100 online retailers

3:47 PM Fri, Jul 03, 2009 | Permalink | Write a comment
By Neil Downing    Email

The Rhode Island Division of Taxation has sent notices to more than 100 online retailers, letting them know about the state's new law that could require them to collect Rhode Island's 7-percent sales tax, state Tax Administrator David M. Sullivan......

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 Tags  Amazon law   Amazon.com   Blue Nile   Overstock.com   Rhode Island Division of Taxation   sales tax   Tax Administrator David M. Sullivan  

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Senator's pharmacy firm to dissolve

2:32 PM Fri, Jul 03, 2009 | Permalink | Write a comment
By Paul Grimaldi    Email

Providence Journal photo / Kathy Borchers In this Journal file photo, Sen. Leo Blais fills a prescription at Pawtuxet Valley Prescription & Surgical Center Inc., the Coventry business he founded more than three decades ago. PROVIDENCE, RI -- A......

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 Tags  bankruptcy   pharmacy   Sen. Leo R. Blais  

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Smithfield businesses applaud added jobs at Fidelity

2:27 PM Fri, Jul 03, 2009 | Permalink | Write a comment
By Andy Smith    Email

SMITHFIELD, R.I.-- Owners of businesses located near the Fidelity campus in Smithfield said Friday they are pleased at the news that Fidelity Investments planned to add 500 jobs in the area. The prospect of increased traffic on Route 7 appeared......

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 Tags  Fidelity Investments   jobs   Smithfield RI  

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U.S. stock markets closed in observance of holiday

8:02 AM Fri, Jul 03, 2009 | Permalink | Write a comment
By Business staff    Email

The U.S. stock markets are closed on Friday in observance of the July 4 holiday. They will reopen on Monday. So far this year, the Dow Jones Industrial Average is down 5.65 percent while the Standard & Poor 500 Index......

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 Tags  Dow Jones Industrial Average   NASDAQ Composite Index   Standard & Poor 500  

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Fidelity to bring hundreds of new jobs to Rhode Island

4:48 PM Thu, Jul 02, 2009 | Permalink | Write a comment
By Neil Downing    Email

Mutual fund giant Fidelity Investments of Boston plans to bring hundreds of new jobs to Rhode Island, Governor Carcieri said today. The move is part of an internal reshuffling of staff among Fidelity's various locations in Massachusetts, including Boston and......

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State receives federal grant for apprenticeship program

4:16 PM Thu, Jul 02, 2009 | Permalink | Comments (1)
By Andy Smith    Email

The U.S. Department of Labor has awarded $98,193 to Rhode Island to help unemployed workers participate in apprenticeship programs administered by the state's Department of Labor and Training. The programs are conducted by individual employers, labor groups, or industry associations,......

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 Tags  apprenticeships   grant   R.I. Department of Labor and Training   Rhode Island   U.S. Department of Labor  

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