Projo Biz Blog

April 21, 2008 Archives


Wickford's Ryan Market closes doors after 122 years

4:50 PM Mon, Apr 21, 2008 | | Comments (2)
By Andrea Panciera    Email

NORTH KINGSTOWN — Ryan’s Market, a family-owned business that has survived 10 recessions and the Great Depression, closed Saturday, its future uncertain. A throwback to an earlier time, the 122-year-old business featured hand-carved aged beef, naked fluorescent bulbs and bag......

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RIPTA board elects Batting as its new chairman

4:47 PM Mon, Apr 21, 2008 | | Write a comment
By Andrea Panciera    Email

PROVIDENCE -- The state transit agency board elected Robert D. Batting, a retired business executive, as its new chairman today. Batting said the Rhode Island Public Transit Authority faces enormous financial challenges, particularly because it is threatened with the loss......

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Teen summer safety event held

2:38 PM Mon, Apr 21, 2008 | | Write a comment
By John Kostrzewa    Email

Students from the Warwick Area Career and Technical Center this morning helped kick-off the 2008 Teen Summer Job Safety Campaign, a program sponsored by the U.S. Department of Labor’s Occupational Safety and Health Administration. “We have a strong and effective......

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UPDATE: Shell fishing industry gets $400,000 boost

7:27 AM Mon, Apr 21, 2008 | | Write a comment
By John Kostrzewa    Email

NORTH KINGSTOWN — Sen. Jack Reed, D-R.I. praised the state’s fledgling shellfish aquaculture industry and discussed how $400,000 in federal money approved this fiscal year will help bolster the fish farmers. “We all understand how important Narragansett Bay is to......

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Transformers, Little Pony sales boost Hasbro profits

7:23 AM Mon, Apr 21, 2008 | | Write a comment
By John Kostrzewa    Email

Pawtucket-based Hasbro Inc.'s earnings rose 14 percent in the first quarter of 2008 on growth in brands such as Transformers and Littlest Pet Shop. The world's second biggest toy company said this morning that its profit rose to $37.5 million,......

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Bank of America profits slump

7:20 AM Mon, Apr 21, 2008 | | Write a comment
By John Kostrzewa    Email

Bank of America Corp. said profit dropped 77 percent as job losses and falling house prices caused more people to miss payments on credit cards and home loans. First-quarter net income declined to $1.21 billion, or 23 cents a share,......

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