Projo Biz Blog

maria caporizzo


Cookson chairman and 'man of action,' Oster, 73, dies

4:45 PM Mon, Dec 01, 2008 | | Write a comment
By maria caporizzo    Email

Richard M. Oster, who rose to the top of the business world as chairman of the London-based Cookson Group PLC, a multinational company, died Monday at Providence's Miriam Hospital. A resident of Barrington, he was 73. "He was a man......

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Moody's releases analysis of RI credit outlook

12:49 PM Mon, Dec 01, 2008 | | Write a comment
By maria caporizzo    Email

Moody's Investors Service today released a detailed analysis of Rhode Island's credit outlook for the near and short term. While the treasurer's office released updated credit ratings from Moody's and other credit rating agencies last week, today's analysis offers an......

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Months after laying off nearly 200, Foxwoods to cut 700 jobs

3:58 PM Tue, Sep 30, 2008 | | Write a comment
By maria caporizzo    Email

Foxwoods Resort Casino in Ledyard, Conn., will cut 700 jobs during the next few weeks. The Mashantucket Pequot Tribal Nation, the tribe that owns the casino, made the announcement today to employees of Foxwoods and MGM Grand at Foxwoods, according......

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Update: Read the transcript of Neil Downing chat

1:51 PM Fri, Sep 19, 2008 | | Write a comment
By maria caporizzo    Email

How do thls week's Wall Street developments affect you? Providence Journal MoneyLine columnist Neil Downing -- who's been on top of the question all week -- hosted a live chat with projo.com readers at noon today. Read the transcript The......

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Live chat: Downing to take questions Friday at noon

credit_union.jpg 11:33 AM Thu, Sep 18, 2008 | | Write a comment
By maria caporizzo    Email

This week's financial crisis may remind Rhode Islanders of the banking crisis of 1991. Providence Journal MoneyLine columnist Neil Downing explores how this crisis is different in significant ways. Watch the video: Although Wall Street woes bring RI banking......

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Neil Downing on investment vs. 'regular banks' / Video

neil_downing.jpg 3:56 PM Tue, Sep 16, 2008 | | Write a comment
By maria caporizzo    Email

Neil Downing is the MoneyLine columnist at the Providence Journal. Watch the video: Providence Journal MoneyLine columnist Neil Downing talks us through the difference between investment banks like Lehman Brothers and Bear Stearns, and deposit-taking "regular banks" like Bank Newport......

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Still no financing deal for Twin River's debts

5:48 PM Fri, Sep 05, 2008 | | Comments (1)
By maria caporizzo    Email

Despite Twin River's push to finish financial negotiations with lenders by the end of the work week, the owners of the Lincoln gambling parlor had no announcements today. The slot parlor's owner, UTGR Inc., has negotiated for months with its......

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