Projo Biz Blog

The first 25 words

Today's latest news at a glance

Full version

2 beams set for new bridge over Route 95, more to come

3:42 PM Fri, Nov 20, 2009 | Permalink | Write a

comment
By News staff

By Bruce Landis Journal staff writer A welder works Friday morning in the rain on what will be the Clifford Street overpass over Route 95. The highway was closed Thursday night into early Friday morning to start putting the beams,......

>> Continue reading 2 beams set for new bridge over Route 95, more to come

Tags economy iWay Providence RI Rhode Island Department of Transportation Route 195 relocation

Brown University unveils supercomputer

2:52 PM Fri, Nov 20, 2009 | Permalink | Write a

comment
By News staff

PROVIDENCE, R.I. -- Brown University on Friday unveiled a new supercomputer that is the most powerful machine of its kind in Rhode Island. The multimillion-dollar IBM computer will be used by scientists at Brown and other educational institutions in Rhode......

>> Continue reading Brown University unveils supercomputer

Tags Brown University computer economy

RI regulators strip Yellow Cab of half its taxis

1:05 PM Fri, Nov 20, 2009 | Permalink | Write a

comment
By Paul Edward Parker

The Rhode Island Division of Public Utilities and Carriers on Friday yanked the license for half of Yellow Cab's fleet and fined the company $100,000 for rolling back odometers on its cabs. The rollbacks did not affect the fares paid......

>> Continue reading RI regulators strip Yellow Cab of half its taxis

Tags Cranston RI Division of Public Utilities and Carriers Providence RI Warwick RI Yellow Cab

RI unemployment still 3rd worst in nation, worst in region

12:05 PM Fri, Nov 20, 2009 | Permalink | Write a

comment
By News staff

By Cynthia Needham Journal staff writer Rhode Island's unemployment rate may have dropped to 12.9 percent from 13 percent in October, but it's still the third highest in the country. Figures released Friday morning for all 50 states solidify Rhode......

>> Continue reading RI unemployment still 3rd worst in nation, worst in region

Tags economy Rhode Island Department of Labor and Training unemployment

RI gasoline, diesel, heating oil prices stabilize

11:46 AM Fri, Nov 20, 2009 | Permalink | Write a

comment
By C. Eugene Emery Jr.

Providence Journal chart / C. Eugene Emery Jr. PROVIDENCE, R.I. - Average prices for heating oil, diesel and unleaded gasoline remained virtually unchanged from last week, according to Friday's survey by the Rhode Island Office of Energy Resources. The......

>> Continue reading RI gasoline, diesel, heating oil prices stabilize

Tags diesel fuel gasoline price home heating oil

Chace sells Newport's Vanderbilt Hall hotel for $5.7M

5:23 PM Thu, Nov 19, 2009 | Permalink | Write a

comment
By Paul Edward Parker

NEWPORT, R.I. -- A downtown building that was constructed in 1909 as a YMCA and became a hotel in 1997 has been sold. According to city land records, Vanderbilt Hall, on Mary Street, sold for $5.7 million on Monday. The......

>> Continue reading Chace sells Newport's Vanderbilt Hall hotel for $5.7M

Tags Buff Chace Jr. Newport RI Peter de Savary real estate Vanderbilt Hall

Providence Place mall owner restructures debt

4:26 PM Thu, Nov 19, 2009 | Permalink | Write a

comment
By Paul Grimaldi

The owner of the Providence Place mall said Thursday that it has reached a deal with some of its lenders, allowing a number of its shopping centers to exit bankruptcy by the end of 2009. General Growth Properties Inc. (GGP:NYSE)......

>> Continue reading Providence Place mall owner restructures debt

Tags business economy Providence RI