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June 1, 2008 - June 7, 2008 Archives
8:54 AM Fri, Jun 06, 2008 | Permalink |
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By John Kostrzewa  Email
Gary Weinstein has joined Providence Equity Partners, based in Providence, as chief operating officer. Weinstein, 50, previously worked at Lehman Brothers, where he was managing director and global chief administrative officer of investment banking. "Gary brings world class financial institution......
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8:49 AM Fri, Jun 06, 2008 | Permalink |
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By John Kostrzewa Email
As the airline industry has run into turbulence prompted by high fuel costs, Amtrak and its Northeast Corridor service that connects Providence, Boston, New York and Washington have kept chugging along. Amtrak said increases in ridership and ticket revenues resulted......
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12:26 PM Thu, Jun 05, 2008 | Permalink |
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By Lynn Arditi Email
Rhode Island's home foreclosure starts showed no increase during the first-quarter of this year, according to a report released today by the Mortgage Bankers Association. Rhode Island is one of more than a dozen states where the foreclosure starts......
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12:17 PM Thu, Jun 05, 2008 | Permalink |
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By Paul Grimaldi Email
The controller of Bancorp Rhode Island (BARI:Nasdaq) left his position at the Providence-based bank to take a job with another company, the bank said yesterday in a federal regulatory filing. Michael J. Herbert, of Cumberland, had been controller at the......
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11:44 AM Thu, Jun 05, 2008 | Permalink |
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By John Kostrzewa Email
The Fairhaven Mills Redevelopment Project in New Bedford this morning was awarded a $1.3 million Massachusetts Opportunity Relocation And Expansion Jobs grant. The money will be used to widen the highway off ramp and add traffic signals to support the......
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11:32 AM Thu, Jun 05, 2008 | Permalink |
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By Lynn Arditi Email
The Rhode Island General Assembly has passed legislation designed to protect homeowners seeking to cash out some of the equity in their homes. The bill approved by the Senate yesterday requires that any homeowner considering a "reverse" mortgage loan......
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9:24 AM Thu, Jun 05, 2008 | Permalink |
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By John Kostrzewa Email
Fidelity Investments, the Boston-based mutual fund company that runs several offices in Rhode Island, has begun its third round of job cuts since November, according to report this morning by Bloomberg News, citing a story in the Boston Globe. Workers......
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5:33 PM Wed, Jun 04, 2008 | Permalink |
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By Tim Barmann Email
The Rhode Island House of Representatives this afternoon is debating a major energy bill that supporters say will help move the state away from its dependence on electricity generated by fossil fuels. The Senate passed the same bill yesterday. It's......
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2:00 PM Wed, Jun 04, 2008 | Permalink |
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By Jack Perry Email
A group of young politicians and policy makers from Indonesia are coming to Providence tonight to learn about state and local governments in the United States, and to teach our politicians how politics are handled in a country made up......
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12:03 PM Wed, Jun 04, 2008 | Permalink |
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By Jack Perry Email
PROVIDENCE -- A Superior Court judge has refused to halt construction at the site of FM Global's new heaquarters building in Johnston, but he warned that the insurance company could be forced to tear down the project at a later......
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12:00 PM Wed, Jun 04, 2008 | Permalink |
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By Lynn Arditi Email
Rhode Islanders who can't find a job in their home state may have better luck in Boston. The Boston metro ranked as having the fourth-highest job growth nationally, tied with Washington, D.C., according to a report released today by the......
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10:15 AM Wed, Jun 04, 2008 | Permalink |
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By John Kostrzewa Email
Starting with tonight's kickoff of the summer concert season, the name of the Tweeter Center in Mansfield, Mass. will be changed to the Comcast Center. Comcast, a cable television provider in Massachusetts, and Live Nation, the owner of the entertainment......
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9:12 AM Wed, Jun 04, 2008 | Permalink |
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By John Kostrzewa Email
State bar associations in Rhode Island, Vermont, New Hampshire, Idaho and Indiana, have signed five year renewal agreements with on online legal research tools service, called Lawriter Inc., owned by Collexis Holdings, Inc. (CLXS:OTCBB) Terms were not disclosed. Collexis Holdings,......
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9:02 AM Wed, Jun 04, 2008 | Permalink |
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By John Kostrzewa Email
Woonsocket-based CVS Caremark Corp. won General Electric Co.'s pharmacy benefits business from rival Medco Health Solutions Inc., effective Jan. 1. Analysts estimate GE represents roughly $1 billion in annual pharmacy-benefits management business. A CVS spokesman confirmed the move, the Wall......
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6:46 PM Tue, Jun 03, 2008 | Permalink |
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By Paul Parker Email
Journal photo / Mary Murphy Barbara Alving, the director of the National Center for Research Resources, was a keynote speaker at the Rhode Island Research Alliance Symposium today at the Rhode Island Convention Center. PROVIDENCE — The head of......
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9:21 AM Tue, Jun 03, 2008 | Permalink |
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By John Kostrzewa Email
The Warren Group, a Boston-based real estate tracking firm, this morning said the median price of a single-family home in Rhode Island fell 11.3 percent in April, from last year’s price of $270,000 to $239,500. The year-to-date price fell 10.3......
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8:33 AM Tue, Jun 03, 2008 | Permalink |
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By John Kostrzewa Email
EMC Corp., the world's largest maker of storage computers, won European antitrust approval to buy Iomega Corp. for about $213 million in cash. The European Commission, the 27-nation European Union's antitrust regulator in Brussels, said it approved the deal in......
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8:31 AM Tue, Jun 03, 2008 | Permalink |
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By John Kostrzewa Email
The Ottaway group of newspapers, which includes the The Standard-Times in New Bedford, Mass., and Hathaway Publishing in Somerset, Mass., said it is reducing its work force company-wide “to help the company meet its present financial goals and future......
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7:11 PM Mon, Jun 02, 2008 | Permalink |
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By Andrea Panciera Email
PROVIDENCE -- Like a hawk in search of prey, Johnston Mayor Joseph M. Polisena swooped in on The Arcade today after he heard that various eateries and other businesses in the mall must leave the premises by the end of......
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11:04 AM Mon, Jun 02, 2008 | Permalink |
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By John Kostrzewa Email
Six Flags New England has lowered its admission fee to help overcome any reluctance people might have to visit the Agawam, Mass. amusement park because of concerns about the economy and the high cost of gasoline. The park has lowered......
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8:38 AM Mon, Jun 02, 2008 | Permalink |
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By John Kostrzewa Email
Seven farms and dozens of specialty vendors will sell their goods at the Hope High School Farmers' Market set to reopen for the summer season on Saturday from 9:30 a.m. to 12:30 p.m. The event, sponsored by Farm Fresh Rhode......
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