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May 18, 2008 - May 24, 2008 Archives
4:05 PM Fri, May 23, 2008 | Permalink |
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By Tim Barmann  Email
Just as consumers are facing higher food and gasoline costs, it appears that Rhode Islanders are about to get hit with significant increases in their electricity and natural gas bills. National Grid this afternoon has proposed raising electricity rates by......
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7:13 PM Thu, May 22, 2008 | Permalink |
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By Andrea Panciera Email
Journal photo / Bill Murphy Hasbro Chairman Alan G. Hassenfeld, hugs Alfred Verrechia, retiring CEO of Hasbro during the company's annual meeting, where Hassenfeld presented Verrecchia with a Star Wars lightsaber as a symbolic passing of the torch. PAWTUCKET......
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12:42 PM Thu, May 22, 2008 | Permalink |
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By Tim Barmann Email
Weaver's Cove LNG will pursue its plan to build a liquefied natural gas terminal in Fall River despite the denial of its appeal of a U.S. Coast Guard decision that foils its plans. Weaver's Cove had challenged a finding last......
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8:25 AM Thu, May 22, 2008 | Permalink |
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By John Kostrzewa Email
Deborah R. Jacobson has been elected chairwoman of Blue Cross & Blue Shield of Rhode Island by the health insurance company’s board of directors. Jacobson joined Blue Cross’ board in September 2002. She was elected secretary in 2004, and vice......
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8:23 AM Thu, May 22, 2008 | Permalink |
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By John Kostrzewa Email
The United States Supreme Court ruling that upheld the right of states to tax interest on out-of-state municipal bonds while exempting their own bond interest from taxation was applauded by managers of the Narragansett Insured Tax-Free Income Fund. “This ruling......
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11:49 AM Wed, May 21, 2008 | Permalink |
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By Andrea Panciera Email
We’ve heard about sustainable farming and sustainable building; ways to use resources efficiently without depleting them. There’s another sustainable market waiting to be tapped: sustainable tourism. The Blackstone Valley Tourism Council’s Sustainable Tourism Planning and Development Laboratory is hosting a......
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10:47 AM Wed, May 21, 2008 | Permalink |
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By John Kostrzewa Email
Bancorp Rhode Island (BARI:Nasdaq) said this morning that based on an estimate of the votes cast at the company's annual meeting, the company believes shareholders have voted to elect all of the board of directors' nominees. The directors' nominees faced......
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8:49 AM Wed, May 21, 2008 | Permalink |
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By John Kostrzewa Email
Passenger traffic at T.F. Green Airport declined in April and during the first four months of 2008, compared to similar periods last year, according to statistics released today by the Rhode Island Airport Corporation. There were 412,471 passengers at Green......
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5:21 PM Tue, May 20, 2008 | Permalink |
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By Paul Grimaldi Email
As Rhode Island legislators grapple with a budget deficit estimated at $440 million, people representing various constituencies have besieged the State House in recent weeks to lobby for money in next year’s finance plan. Advocates for the state’s arts and......
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4:55 PM Tue, May 20, 2008 | Permalink |
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By John Kostrzewa Email
Astro-Med Inc., based in West Warwick, today reported first quarter net income of $897,000, or 12 cents per diluted share, compared with $522,000, or 7 cents per diluted share, in the year ago period. Sales were $18.7 million, up from......
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2:40 PM Tue, May 20, 2008 | Permalink |
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By Tim Barmann Email
State regulators have given Verizon Communications the second of three approvals the company needs before it can begin providing cable TV service to 115,000 households in 10 more Rhode Island communities. The Division of Public Utilities and Carriers yesterday granted......
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1:04 PM Tue, May 20, 2008 | Permalink |
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By Tim Barmann Email
Verizon Communications plans to institute a late payment charge for its residential telephone customers in Rhode Island. Under the proposed policy, a residential customer would have 30 calendar days from the date of receiving the bill to pay the bill......
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11:31 AM Tue, May 20, 2008 | Permalink |
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By John Kostrzewa Email
Rhode Island's Chinese community has has raised $20,000 for a relief fund in response to the earthquake in Southwest China and has set a goal of raising $200,000. The funds raised will go to the China Red Cross. Contributions can......
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2:45 PM Mon, May 19, 2008 | Permalink |
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By John Kostrzewa Email
Northland Investment Corp. said yesterday that one of its funds, the Northland Fund III LP, has acquired Northgate Apartments, a 179-unit apartment community located in Middletown, marking Northland’s entry into Rhode Island. The price was not disclosed. Northgate is comprised......
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9:22 AM Mon, May 19, 2008 | Permalink |
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By John Kostrzewa Email
Standard & Poor’s Ratings Services has revised the outlook on the general obligation bonds issued by East Providence to negative from stable. Standard & Poor’s also affirmed the ’A-’ underlying rating on the debt. "The outlook revision was based on......
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9:16 AM Mon, May 19, 2008 | Permalink |
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By John Kostrzewa Email
Rhode Island will receive $1.2 million in federal infrastructure grants from the U.S. Dept. of Homeland Security to strengthen security at ports and enhance transit, trucking and intercity bus systems. The Infrastructure Protection Activities funds will be used to prevent,......
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9:08 AM Mon, May 19, 2008 | Permalink |
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By John Kostrzewa Email
Public officials are scheduled today to tour the Broad Street corridor through Pawtucket, Central Falls and Cumberland to review efforts to revitalize the area. The three-hour tour is designed to expose and analyze the three communities' resources, sites and the......
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