Projo Biz Blog

Andrea Panciera: January 2008 Archives


Belo's Decherd predicts pace of decline in newspaper revenue will slow

1:51 PM Thu, Jan 31, 2008 | | Write a comment
By Andrea Panciera    Email

The decline in Belo Corp.'s newspaper revenue accelerated in the last three months of 2007, but the pace of the decline will slow this year, chairman and chief executive Robert W. Decherd said yesterday in New York. Newspaper revenue fell......

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Textron's Bell Helicopter planning layoffs

6:51 PM Tue, Jan 29, 2008 | | Write a comment
By Andrea Panciera    Email

FORT WORTH, Texas -- Bell Helicopter, whose parent company is Rhode Island-based Textron, is planning layoffs. But a spokesman today says the company is still determining how many workers will lose their jobs -- and when. The Fort Worth, Texas-based......

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Free WiFi coming to MBTA commuter rail line

3:05 PM Mon, Jan 28, 2008 | | Write a comment
By Andrea Panciera    Email

No more excuses for these commuters to nap on the train. Beginning this week, commuters on the Worcester/Framingham MBTA commuter rail line to Boston will have free WiFi service. When the service comes online, you can use your laptop, PDA,......

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Riverpoint Lace Works goes to buyer who will keep it open

7:00 PM Fri, Jan 25, 2008 | | Write a comment
By Andrea Panciera    Email

Journal photo / Kathy Borchers The Riverpoint Lace Works mill, in West Warwick. An investment group has purchased the Riverpoint Lace Works in West Warwick, preserving more than 50 manufacturing jobs. In November, the business filed for state receivership,......

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Citizens' MarcAurele to receive humanitarian award

11:48 AM Wed, Jan 23, 2008 | | Write a comment
By Andrea Panciera    Email

Joseph J. MarcAurele, chairman, president and CEO of Citizens Bank of Rhode Island, will receive a humanitarian award during a luncheon on May 8 at the Westin Hotel. A Denver-based hospital, National Jewish Medical and Research Center, which specializes in......

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Illustration: Will the Fed's rate cut come up lame?

8:21 AM Wed, Jan 23, 2008 | | Comments (1)
By Andrea Panciera    Email

Journal illustrator Frank Gerardi seized the moment yesterday to blend the potential impact of the Federal Reserve's interest rate cut with a papparazzi's photo of Patriots QB Tom Brady in a walking boot on Monday. Click here to see......

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Blackstone Valley tapped as finalist for global tourism award

1:51 PM Tue, Jan 22, 2008 | | Write a comment
By Andrea Panciera    Email

The Blackstone River Valley is getting international recognition as a model of sustainable tourism. Tourism for Tomorrow has nominated Blackstone Valley as one of three finalists for its Destination Award, which goes to a network of tourism-based organizations that successfully......

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Judge: Developer can knock down old food terminal

4:53 PM Mon, Jan 14, 2008 | | Write a comment
By Andrea Panciera    Email

PROVIDENCE -- A judge has ruled that Carpionato Properties can knock down the food and produce terminal on Harris Avenue, denying an attempt by state lawyers to stop the demolition. The Johnston developer had obtained a demolition permit last week......

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Warren boat maker Pearson to pay $195,000 in Clean Air fines

4:40 PM Mon, Jan 14, 2008 | | Write a comment
By Andrea Panciera    Email

A Warren boat maker will pay $195,000 in fines to settle claims that it violated federal Clean Air Act provisions. Pearson Composites LLC will pay the penalties for violating emission standards, work practice standards and reporting and monitoring provisions, the......

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R.I. house sales, prices keep heading down

1:11 PM Tue, Jan 08, 2008 | | Write a comment
By Andrea Panciera    Email

Rhode Island house sales in November fell for the ninth straight month, and prices tumbled farther, too. The Warren Group, a Boston-based publisher of real estate data, reported that single-family house sales in November sank 18.7 percent from a year......

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Wall Street tumbles again on weak jobs report

4:53 PM Fri, Jan 04, 2008 | | Write a comment
By Andrea Panciera    Email

NEW YORK -- Wall Street fell sharply again today after the government's much-anticipated employment report showed weaker-than-expected job growth and a rise in the unemployment rate. The Nasdaq composite index, also pummeled by a downgrade of Intel Corp., skidded......

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