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May 4, 2008 - May 10, 2008 Archives
4:59 PM Thu, May 08, 2008 | Permalink |
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By Tim Barmann  Email
SOUTH KINGSTOWN –– After looking into other possible locations for the company’s headquarters, American Power Conversion has decided there’s no place like home. Laurent Vernerey, APC’s president and chief executive officer, announced today that the $3.5 billion company will keep......
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2:52 PM Thu, May 08, 2008 | Permalink |
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By Paul Grimaldi Email
The management at Providence-based Bancorp Rhode Island, the parent of Bank Rhode Island, today earned another positive review from a national investment advisory firm. The latest review comes as the bank fights off a pair of dissident shareholders intent on......
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12:57 PM Thu, May 08, 2008 | Permalink |
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By Tim Barmann Email
SOUTH KINGSTOWN - Governor Carcieri said this morning that his staff is meeting with a group, the Rhode Island Alliance for Clean Energy, to listen to their concerns about a proposed wind farm off the shore of Rhode Island. The......
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11:39 AM Thu, May 08, 2008 | Permalink |
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By Jack Perry Email
Lawyers for CapLease, the town of Johnston, and FM Global clashed this morning in Superior Court. CapLease, which owns FM Global's existing headquarters, is pursuing a temporary restraining order to halt all construction at the site of FM Global’s new......
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8:35 AM Thu, May 08, 2008 | Permalink |
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By John Kostrzewa Email
Aldi, a Germany-based chain, opens its second market in Rhode Island today at 1138 Pontiac Ave., in Cranston. Aldi opened its first Rhode Island store in March at 444 Quaker Lane in Warwick. Aldi is smaller than a typical supermarket......
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8:29 AM Thu, May 08, 2008 | Permalink |
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By John Kostrzewa Email
Joseph J. MarcAurele, president of Citizens Bank, Rhode Island, is scheduled to receive the 2008 National Jewish Medical and Research Center Rhode Island Humanitarian Award at a luncheon today at the Westin in Providence. Local allergist and former National Jewish......
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3:57 PM Wed, May 07, 2008 | Permalink |
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By Christine Dunn Email
An online reserve auction of 46 foreclosed homes in Rhode Island is under way and will conclude with a reserve auction at the Hilton Providence Hotel, 21 Atwells Ave., in Providence on Tuesday, May 18. The auction is being conducted......
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2:33 PM Wed, May 07, 2008 | Permalink |
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By Tim Barmann Email
Verizon Communications has told state regulators that it will raise the rates of many of its optional calling features, such as caller ID and call waiting, as of June 1. The increases apply only to residential customers in Rhode Island.......
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11:08 AM Wed, May 07, 2008 | Permalink |
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By John Kostrzewa Email
Susan Lisovicz, CNN correspondent for financial news, told about 100 people at Business Expo in Providence this morning that the national economy should perform better in the second half of the year than the first. "But that's not saying much,"......
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10:34 AM Wed, May 07, 2008 | Permalink |
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By Paul Grimaldi Email
Journal photo/ Bill Murphy CVS Chairman Tom Ryan at the annual shareholders meeting. Shareholders gathered this morning for CVS Caremark Corp.'s annual meeting narrowly rejected a proposal that would have limited the use of "gross-up" payments to senior executives.......
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9:55 AM Wed, May 07, 2008 | Permalink |
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By Jack Perry Email
PROVIDENCE -- From expert advice on decorating your home office to dining etiquette for the busy professional to fine tuning your résumé, several free seminars will be conducted today at The Providence Journal’s booth (#617) at the Business Expo, the......
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7:59 AM Wed, May 07, 2008 | Permalink |
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By John Kostrzewa Email
The Federal Aviation Administration has awarded $1.6 million to the Rhode Island Airport Corporation to help fund projects at two state airports. North Central Airport in Pawtucket will receive $860, 000 to support two ongoing projects. About $560,000 of the......
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12:11 PM Tue, May 06, 2008 | Permalink |
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By Jack Perry Email
PROVIDENCE -- Free, expert business advice. That’s what you’ll get when you visit The Providence Journal’s booth at this year’s Business Expo, today and tomorrow, at the Rhode Island Convention Center, downtown Providence. From how to finance a small business......
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10:04 AM Tue, May 06, 2008 | Permalink |
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By Paul Grimaldi Email
The management at Providence-based Bancorp Rhode Island, the parent of Bank Rhode Island, this week received a positive review from a national investment advisory firm. The review comes as the bank fights off a pair of dissident shareholders intent on......
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9:34 AM Tue, May 06, 2008 | Permalink |
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By Paul Grimaldi Email
CVS Caremark Corp. recently purchased two buildings near its Woonsocket headquarters to provide more room for its employees. CVS has been expanding ever since it moved to the Highland Industrial Park, which straddles the Woonsocket-Cumberland border in 1981. Back then,......
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8:19 AM Tue, May 06, 2008 | Permalink |
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By John Kostrzewa Email
A company proposing an offshore wind farm in Buzzards Bay is dropping one of three locations it was considering. Patriots Renewables said it’s no longer proposing a cluster of wind turbines off the Fairhaven shoreline because of the area’s high......
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8:09 AM Tue, May 06, 2008 | Permalink |
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By John Kostrzewa Email
Business leaders and public officials will open the two-day Business Expo 2008 this morning at 9:30 at the Rhode Island Convention Center. John Maeda, incoming president of the Rhode Island School of Design, will deliver a keynote address at 10:30......
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8:04 AM Tue, May 06, 2008 | Permalink |
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By John Kostrzewa Email
Last fall's plankton bloom failed to develop in New England's prime fish breeding and feeding ground of Georges Bank, which could reduce the amount of haddock there. A report from the Northeast Fisheries Science Center said the Georges Bank fall......
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3:25 PM Mon, May 05, 2008 | Permalink |
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By Tim Barmann Email
A group of Aquidneck Island residents have assembled the first organized opposition to Governor Carcieri’s plan to develop a large-scale wind farm off the coast of Rhode Island. The group has an unlikely name –– the Rhode Island Alliance for......
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10:00 AM Mon, May 05, 2008 | Permalink |
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By John Kostrzewa Email
Gasoline prices in Rhode Island inched up another penny yesterday to average $3.609 a gallon, setting another record. A survey of local dealers by the state’s Office of Energy Resources found the prices ranged from $3.549 a gallon to $3.699......
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8:28 AM Mon, May 05, 2008 | Permalink |
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By John Kostrzewa Email
CLARCOR Inc. (CLC:NYSE) said it acquired a 30 percent equity stake in BioProcess Technologies, a Portsmouth, R.I.-based manufacturer of industrial waste water and water reuse filtration systems. CLARCOR also will have the right to acquire additional ownership shares and eventually......
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8:11 AM Mon, May 05, 2008 | Permalink |
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By John Kostrzewa Email
Providence and Worcester Railroad Company (PWX:AMEX) said its directors have approved the decision to transfer the listing of its common stock from the American Stock Exchange to the NASDAQ stock market. Effective May 14, the company will trade under the......
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