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March 10, 2008 Archives

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State floats new curbs on film tax-credit program

5:12 PM Mon, Mar 10, 2008 | | Write a comment
By Benjamin N. Gedan    Email

PROVIDENCE – With critics questioning how much Rhode Island has benefited from the $52 million in tax credits the state has offered to the television and movie industry to film here, the state's Division of Taxation this morning proposed new......

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Amgen CEO: 2007 was company's "most difficult" year

3:06 PM Mon, Mar 10, 2008 | | Write a comment
By Benjamin N. Gedan    Email

The chief executive officer of pharmaceutical giant Amgen Inc., Kevin Sharer, says 2007 was the "most difficult" year in the company's history. In an interview with The Wall Street Journal, Sharer was asked about the struggles that have bludgeoned the......

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R.I. gas prices at post-Katrina highs

1:09 PM Mon, Mar 10, 2008 | | Write a comment
By Andrea Panciera    Email

Gas prices in the state are at the highest they've been since the aftermath of Hurricane Katrina in 2005, when all-time gas records were set, according to AAA. For the fourth-straight week, the average price of gasoline has risen, with......

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State pushing for more high-wage jobs

11:56 AM Mon, Mar 10, 2008 | | Write a comment
By Benjamin N. Gedan    Email

The state Economic Development Corporation has started a new regional campaign to increase the number of high-wage jobs in Rhode Island by building the state's financial services, health and life sciences, information technology and digital media sectors. The nine-month campaign,......

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Designers launch professional organization

11:11 AM Mon, Mar 10, 2008 | | Write a comment
By Benjamin N. Gedan    Email

The organizers of a new state chapter of the Industrial Designers Society of America are hosting a launch party next Thursday, March 20. The group will gather at 5:30 p.m. at Tazza on Westminster Street in Providence. “Clearly, the launch......

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Sharper Image reworks gift card policy

11:05 AM Mon, Mar 10, 2008 | | Write a comment
By Paul Grimaldi    Email

Jaime Garland checks out the Ionic Breeze Quadra Air purifiers at a Sharper Image store in Chicago in 2004. The chain recently filed for bankruptcy. Sharper Image, the San Francisco-based gadget retailer which recently filed for bankruptcy, said Friday......

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Hasbro, Scientific Games sign licensing agreement

9:21 AM Mon, Mar 10, 2008 | | Write a comment
By John Kostrzewa    Email

Scientific Games said this morning that its subsidiary, Games Media, signed a three-year licensing agreement with Hasbro to create games in the United Kingdom and Ireland for the Pawtucket-based companies properties. The deal covers games such as Monopoly, Yahtzee, Trivial......

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Providence Place mall to start new parking fee system

9:01 AM Mon, Mar 10, 2008 | | Write a comment
By John Kostrzewa    Email

Providence Place mall will start a new parking fee system to try to unclog the bottlenecks that plague its parking garage. People who drive to the mall will be able to pay their parking fees at ATM-like machines and cashier......

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Wardwell Braiding names new president

8:58 AM Mon, Mar 10, 2008 | | Write a comment
By John Kostrzewa    Email

John Tomaz, a 30-year veteran at the Wardwell Braiding Machine Co., based in Central Falls, has been named president, succeeding Jonathan Farnum, who held the position for the past 37 years. Farnum will remain as chairman of the board and......

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