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December 16, 2007 - December 22, 2007 Archives
2:11 PM Fri, Dec 21, 2007 | Permalink |
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By Paul Grimaldi  Email
State regulators have given Verizon Communications final approval to begin offering cable television service in 12 Rhode Island communities, including Providence, as of Jan. 6. In a 19-page decision, hearing officer John Spirito Jr. concluded that Verizon had met all......
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2:04 PM Fri, Dec 21, 2007 | Permalink |
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By Paul Grimaldi Email
Pawtucket toymaker Hasbro Inc. will appeal the 5.1-million-euro ($7.3 million) fine levied by France over claims the company conspired with retailers and other manufacturers to fix the price of toys. Hasbro spokesman Wayne Charness told Bloomberg News today: "We continue......
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1:58 PM Fri, Dec 21, 2007 | Permalink |
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By Paul Grimaldi Email
A former Warwick man has agreed to plead guilty to federal charges in connection with an Internet sales scheme that bilked nearly $15 million from people across the country who wanted to buy electronic gadgets. Cory Johnson, formerly of 272......
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6:11 PM Thu, Dec 20, 2007 | Permalink |
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By Benjamin N. Gedan Email
The CRJ-200 that slid off the runway at Green Airport being moved off the accident site. Journal photo/ Sandor Bodo Runway conditions did not cause an Air Wisconsin jet to skid off T.F. Green's main runway last week, according......
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4:18 PM Thu, Dec 20, 2007 | Permalink |
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By Tim Barmann Email
The Public Utilities Commission, this afternoon, approved a request by National Grid to increase electricity rates by about 5.2 percent as of Jan. 1. The utility company said the increase was needed to cover the projected increase in crude......
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3:40 PM Thu, Dec 20, 2007 | Permalink |
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By Paul Grimaldi Email
An item on commercial real-estate blog crefeed.com notes the Wickford Junction shopping center in North Kingstown is for sale. The center is home to Wal-Mart and Staples stores and could become home to a rail station linking it to T.F.......
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11:28 AM Thu, Dec 20, 2007 | Permalink |
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By Paul Grimaldi Email
Hasbro Inc. is among eight manufacturers and retailers fined by France for fixing the price of toys sold in that country. France fined the Pawtucket, RI, toymaker 5.1 million euros, or $7.3 million, for collaborating with Europe's biggest retailer and......
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10:59 AM Thu, Dec 20, 2007 | Permalink |
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By Benjamin N. Gedan Email
Journal photo/ Bill Murphy Advocates for compressed-natural-gas vehicles were probably thrilled to learn that the new parking operator at T.F. Green Airport, Chicago-based Standard Parking Corp., had replaced the airport shuttles with CNG-powered vehicles. But just as one state......
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11:26 AM Wed, Dec 19, 2007 | Permalink |
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By Benjamin N. Gedan Email
BOSTON -- TJX Cos. and nearly all the banks and bank associations that sued the discount retailer over a massive credit card data breach said Tuesday they have settled the lawsuit for an undisclosed amount. Although both sides said the......
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11:25 AM Wed, Dec 19, 2007 | Permalink |
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By Benjamin N. Gedan Email
The dean of social sciences at Harvard University and health care specialist will be in Rhode Island Friday to discuss group economics of health care. David Cutler, author of Your Money or Your Life: Strong Medicine for America’s Health Care......
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8:32 AM Wed, Dec 19, 2007 | Permalink |
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By John Kostrzewa Email
The Rhode Island Economic Development Corporation this morning announced it will propose new rules to strengthen the agency’s expedited permitting process, called the Certificate of Critical Economic Concern. The agency cited the recent decision by commercial property insurer FM Global,......
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8:26 AM Wed, Dec 19, 2007 | Permalink |
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By John Kostrzewa Email
TJX Cos., owner of T.J. Maxx, Marshalls and A.J. Wright stores, said the company and nearly all the banks and bank associations that sued the discount retailer over a massive credit card data breach have settled the lawsuit for an......
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8:19 AM Wed, Dec 19, 2007 | Permalink |
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By John Kostrzewa Email
Cox Communications, battling with Verizon for cable customers in Rhode Island, has made a deal with Wal-Mart to sell its phone, video and Internet services at the retailer's locations in Warwick, Coventry, Newport, North Kingstown and Providence. "By bringing Cox......
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5:33 PM Tue, Dec 18, 2007 | Permalink |
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By Tim Barmann Email
Capital Properties Inc., an East Providence company that owns some prime land in Providence’s Capital Center district, gave bonuses to two retiring executives that total $215,000, the company said in a filing to federal regulators. The company also gave raises......
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4:31 PM Tue, Dec 18, 2007 | Permalink |
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By Benjamin N. Gedan Email
The Rhode Island Airport Corporation will meet tomorrow to discuss the search for a replacement for its executive director, Mark P. Brewer. Brewer is scheduled to leave T.F. Green on Friday. He has accepted a similar post at Manchester-Boston Regional......
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3:34 PM Tue, Dec 18, 2007 | Permalink |
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By Benjamin N. Gedan Email
Journal photo / Bill Murphy Lawrence K. Fish speaks with business leaders at a Greater Providence Chamber of Commerce meeting last month. Lawrence K. Fish announced today that he is retiring from all "day-to-day" responsibilities at Providence-based Citizens Financial......
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3:21 PM Tue, Dec 18, 2007 | Permalink |
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By Benjamin N. Gedan Email
Lifespan and Care New England, the two hospital groups in Rhode Island, announced today that the Federal Trade Commission will not stand in the way of their plans to merge. That means that the groups have cleared the first hurdle......
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11:31 AM Tue, Dec 18, 2007 | Permalink |
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By Benjamin N. Gedan Email
A version of Scrabble, Scrabulous, has caught on big-time on Facebook, the immensely popular social networking site. The program, based on the board game sold by Pawtucket-based toymaker Hasbro Inc., was introduced this summer. It now has more than......
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8:05 AM Tue, Dec 18, 2007 | Permalink |
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By John Kostrzewa Email
Gambling advocates are scheduled to testify today at the Massachusetts State House at the first legislative hearing on Gov. Patrick's proposal to license three casinos, one each in the Boston area, and the southeastern and western parts of the state.......
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7:55 AM Tue, Dec 18, 2007 | Permalink |
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By John Kostrzewa Email
The state has an $8.5 billion pension fund, and related invetsments, and for the last decade has used Wilshire Associates as a consultant to help manage the money. Now, General Treasurer Frank Caprio is seeking proposals from firms to provide......
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7:05 PM Mon, Dec 17, 2007 | Permalink |
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By Andrea Panciera Email
The U.S. Environmental Protection Agency said it has reached a settlement in which the owner of the coal-burning power plant in Somerset, Mass., Dominion Energy Brayton Point, LLC, has agreed to install a new cooling system that will significantly reduce......
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2:01 PM Mon, Dec 17, 2007 | Permalink |
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By Benjamin N. Gedan Email
Providence-based Textron Inc. has acquired Paladin Tools, "a provider of tools and accessories for the telecom, datacom and wiring industries," Textron announced today. "Strategically, this acquisition provides Greenlee with a complementary brand portfolio and an expanded product line," Scott Hall,......
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12:52 PM Mon, Dec 17, 2007 | Permalink |
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By Benjamin N. Gedan Email
Amgen Inc. has high hopes for an osteoporosis drug it is testing, which analysts say may help break a downward financial spiral caused by plummeting sales of Amgen's anemia medications. On Friday, Amgen announced positive results from a phase 3......
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11:45 AM Mon, Dec 17, 2007 | Permalink |
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By Benjamin N. Gedan Email
On Wednesday, the Providence Geeks, a networking organization for IT professionals, is holding its last meeting this year at AS220 on Empire Street. The topic of the "Geek Dinner" is the 2008 FIRST FTC Robotics Challenge, sponsored by the Providence......
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11:26 AM Mon, Dec 17, 2007 | Permalink |
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By Andrea Panciera Email
WASHINGTON -- President Bush is due to talk about the economy late this morning, in a live broadcast. The White House says it is encouraged by concessions made by Democrats over the weekend as they crafted a $500 billion-plus catchall......
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9:11 AM Mon, Dec 17, 2007 | Permalink |
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By John Kostrzewa Email
United Industrial Corp., the Maryland-based company being acquired by Providence-based Textron, said this morning its AAI Corp. subsidiary won a $153.4 million contract for 14 Shadow 200 Tactical Unmanned Aircraft Systems. Textron (TXT:NYSE) said that on Oct. 8, UIC entered......
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8:29 AM Mon, Dec 17, 2007 | Permalink |
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By John Kostrzewa Email
Public hearings will be held early next year in 31 cities and towns in Massachusetts on a $1.4 billion commuter rail project proposed by Gov. Patrick. The rail line would run from Boston to Fall River and New Bedford. Patrick......
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8:24 AM Mon, Dec 17, 2007 | Permalink |
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By John Kostrzewa Email
U.S. Sens. Jack Reed of Rhode Island and Olympia Snowe of Maine are calling on the Bush Administration to provide at least $14 million to lobstermen to help them comply with a new rule banning floating rope. A federal rule......
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7:43 AM Mon, Dec 17, 2007 | Permalink |
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By John Kostrzewa Email
The Public Utilities Commission may have little choice but to grant National Grid's request for a 5.2 percent hike in electricity rates that would take effect Jan. 1 and raise the monthly bill of a typical customer who uses 500......
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