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Benjamin N. Gedan: February 2008 Archives
12:19 PM Fri, Feb 29, 2008 | Permalink |
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Journal archive photo / Bob Breidenbach Car importer NORAD is the main user of the port at the Quonset Business Park. PROVIDENCE -- The state Senate has passed legislation that would create a commission to study ways to intensify......
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10:49 AM Fri, Feb 29, 2008 | Permalink |
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By Benjamin N. Gedan Email
Journal archive photo / Bill Murphy Mat Santos, left, raises his arms after winning an ultimate fighting match at a tournament in Revere, Mass. in 2005. PROVIDENCE -- The operators of the Dunkin' Donuts Center are lobbying the legislature......
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9:47 AM Fri, Feb 29, 2008 | Permalink |
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By Benjamin N. Gedan Email
Saint-Gobain Performance Plastics will begin laying off 90 employees in June, according to a filing the company made to the state Department of Labor and Training. Last October, the Birstol-based company, a subsidiary of the France-based Compagnie de Saint-Gobain, first......
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5:35 PM Thu, Feb 28, 2008 | Permalink |
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By Benjamin N. Gedan Email
Journal archive photo / Kathy Borchers Construction crews work at the Dunkin' Donuts Center last September. PROVIDENCE -- The Rhode Island Convention Center Authority, owner of the Dunkin' Donuts Center, has begun planning events to celebrate the completion of......
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12:54 PM Thu, Feb 28, 2008 | Permalink |
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By Benjamin N. Gedan Email
WASHINGTON -- Connecticut and Rhode Island lawmakers eager to protect local jobs say they will push hard on Capitol Hill to safeguard federal funding for doubling Virginia-class submarine production to two ships a year. "Looking ahead to this year, it......
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12:40 PM Thu, Feb 28, 2008 | Permalink |
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By Benjamin N. Gedan Email
Author and "online strategist" David Meerman Scott will deliver a speech at this year's Business EXPO, the Greater Providence Chamber of Commerce announced today. Scott's speech will take place at the Rhode Island Convention Center. The Business EXPO will......
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11:43 AM Thu, Feb 28, 2008 | Permalink |
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By Benjamin N. Gedan Email
Turmoil in the real estate and credit markets is straining Citizens Financial Group, the bank's parent company, Royal Bank of Scotland, said today. In all, operating profit at Citizens dropped 9 percent last year, to $2.65 billion. The continuing devaluation......
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4:05 PM Wed, Feb 27, 2008 | Permalink |
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By Benjamin N. Gedan Email
The U.S. Environmental Protection Agency has fined four Rhode Island companies for failing to submit chemical inventory reports listing chemicals present at their facilities. The local firms -- Geib Refining Corp., National Chain Co. and Technodic Inc., all of Warwick,......
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2:58 PM Wed, Feb 27, 2008 | Permalink |
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By Benjamin N. Gedan Email
Textron Inc. (TXT:NYSE) announced today that Lloyd G. Trotter has been elected to its board of directors. His tenure begins on March 1. Trotter is the former vice chairman of GE and the former president and chief executive officer of......
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2:38 PM Wed, Feb 27, 2008 | Permalink |
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Journal archive photo/Connie Grosch Developer Arnold B. Chace. Tax credits for developers who rehab historic buildings played a key role in the rebirth of Downcity, according to a New York Times story about developer Arnold B. Chace and the......
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2:33 PM Wed, Feb 27, 2008 | Permalink |
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By Benjamin N. Gedan Email
Providence-based Textron Inc. declared a quarterly dividend today of $0.23 per share on the company's common stock. The board of directors (TXT:NYSE) said the dividends will be paid on April 1, to holders of record at the close of business......
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11:54 AM Wed, Feb 27, 2008 | Permalink |
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By Benjamin N. Gedan Email
Looking for an edge in the cutthroat competition for convention business, Providence is teaming up with three distant cities in a new promotional campaign. At industry conferences, members of the so-called Capital Cities Collection -- Providence, Baton Rouge, La.,......
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10:21 AM Wed, Feb 27, 2008 | Permalink |
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By Benjamin N. Gedan Email
Journal archive photo / Sandor Bodo RIPTA may soon shut down the Newport ferry. PROVIDENCE -- Tourism officials are leaping to the defense of the Newport ferry, which the Rhode Island Public Transit Authority may soon shut down in......
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2:29 PM Tue, Feb 26, 2008 | Permalink |
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By Benjamin N. Gedan Email
Journal archive photo / Sandor Bodo Fidelity executives, in 2006, celebrate the company's decision to lease the former American Express building next to the Providence train station. PROVIDENCE -- A decade after Fidelity Investments constructed its first office building......
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11:47 AM Tue, Feb 26, 2008 | Permalink |
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By Benjamin N. Gedan Email
Journal archive photo / Ruben W. Perez The Veterans Memorial Auditorium may be taken over by the Rhode Island Convention Center Authority. PROVIDENCE -- Businesses interested in managing the Veterans Memorial Auditorium toured the performance hall this morning, examining......
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2:22 PM Mon, Feb 25, 2008 | Permalink |
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By Benjamin N. Gedan Email
Wachovia Corp. has sued Providence Equity Partners to get out of providing financing for the Providence-based buyout firm’s revised $1.1 billion purchase of television stations from Clear Channel Communications Inc. Wachovia, the fourth-largest U.S. bank, said Providence officials changed the......
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12:04 PM Mon, Feb 25, 2008 | Permalink |
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By Benjamin N. Gedan Email
Brown University is hosting a conference Thursday, Feb. 28, to highlight "green" technology in the business world. This week's event will bring together "the region's top business leaders to address cutting edge topics in this emerging field, from environmentally friendly......
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11:21 AM Mon, Feb 25, 2008 | Permalink |
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By Benjamin N. Gedan Email
Patti Goldstein, the vice president of public affairs and air service marketing for T.F. Green Airport, is heading to a conference in San Diego, Calif., to convince air carriers to expand or establish service in Rhode Island. The Network USA......
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11:08 AM Mon, Feb 25, 2008 | Permalink |
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By Benjamin N. Gedan Email
Journal archive photo / Glennn Osmundson Kevin A. Dillon, the new director of T.F. Green Airport, starts today. WARWICK -- Kevin A. Dillon, the new director of the Rhode Island Airport Corporation, moved into his office at T.F. Green......
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10:57 AM Fri, Feb 22, 2008 | Permalink |
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By Benjamin N. Gedan Email
The Royal Bank of Scotland, parent company of Providence-based Citizens Financial Group, will announce its year-end financial results next Thursday, Feb. 28. The Royal Bank has been making major changes to its North American operations recently, altering its corporate structure......
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1:54 PM Thu, Feb 21, 2008 | Permalink |
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By Benjamin N. Gedan Email
Associated Press Photo An actor plays Mr. Monopoly at the American International Toy Fair in New York, last week. PAWTUCKET -- Hasbro has found itself caught up in the Middle East conflict, after an employee eliminated the word "Israel"......
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12:05 PM Thu, Feb 21, 2008 | Permalink |
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By Benjamin N. Gedan Email
The popularity of so-called megayachts is apparently growing, despite the economic slowdown in the U.S., according to an ABC News report. That's good news for the state-owned Quonset Business Park, which is setting aside 32 acres on the Rhode Island......
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11:43 AM Thu, Feb 21, 2008 | Permalink |
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By Benjamin N. Gedan Email
The CEO of Alexion Pharmaceuticals, Leonard Bell, is benefiting from the rise in the company's stock price. Bell recently exercised options for 12,000 shares of Alexion stock under a prearranged trading plan, the Associated Press reported. In a filing with......
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6:01 PM Wed, Feb 20, 2008 | Permalink |
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By Benjamin N. Gedan Email
Journal archive photo / Gretchen Ertl Ruth's Chris Steak House, a popular destination for business outings in Providence, denies reports that it may close. PROVIDENCE -- Ruth's Chris Steak House is denying rumors that its Providence location is closing.......
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3:59 PM Wed, Feb 20, 2008 | Permalink |
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By Benjamin N. Gedan Email
Two Rhode Island companies that produce pesticide products have settled with the U.S. Environmental Protection Agency for failing to properly submit annual production reports to the EPA, as required by federal law. The EPA announced the settlement, with Goldline Controls,......
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1:39 PM Wed, Feb 20, 2008 | Permalink |
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By Benjamin N. Gedan Email
The state chapter of the Sierra Club has joined with the Rhode Island AFL-CIO to promote the development of local wind energy projects, saying the wind turbines for Rhode Island wind farms would probably be manufactured in the Quonset Business......
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11:09 AM Wed, Feb 20, 2008 | Permalink |
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By Benjamin N. Gedan Email
John Maeda, the new president of the Rhode Island School of Design, will deliver a speech at this year's Business EXPO, the Greater Providence Chamber of Commerce announced today. The speech, advertised by the chamber as Maeda's "first appearance in......
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10:54 AM Wed, Feb 20, 2008 | Permalink |
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By Benjamin N. Gedan Email
The Providence Geeks, a networking group for technology entrepreneurs, is meeting tonight at AS220. The scheduled speaker is Andrew Schiller, CEO of Woonsocket-based Location Inc.. The meeting starts at 5:30 p.m. at 115 Empire St. The Providence Journal reported on......
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