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Alissa Foley

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THE CURRENT CONDITIONS INDEX feel to 50 in April, down from 58 in March and the same reading as in February, URI economist Leonard Lardaro said Monday. /

Lardaro: R.I. economy stable after floods

SOUTH KINGSTOWN – Although Rhode Island’s recession isn’t over yet, the economy is still making progress toward recovery despite April’s flooding, University of Rhode...

Lawmakers OK 7 of 9 bills for businesses

PROVIDENCE – The General Assembly has approved seven of the nine bills that made up a high-profile legislative package aimed at making it easier...

Cape Wind to pick N.B. or Quonset soon

(Updated, 4:20 p.m.) NEW BEDFORD – The developers of the $1 billion Cape Wind project hope to make a formal announcement soon about whether they...
U.S. INTERIOR SECRETARY Ken Salazar speaking in April at a press conference in Boston announcing his approval for the Cape Wind farm in Nantucket Sound. /

R.I. in 10-state ocean-energy consortium

PROVIDENCE – Rhode Island joined nine other Atlantic states on Tuesday in establishing an Atlantic Offshore Wind Energy Consortium, Gov. Donald L. Carcieri’s office...

BIF partners with famed TED conference

PROVIDENCE – The Business Innovation Factory has announced it will partner with the organizers of the celebrated TED conference to share video content from...
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Hasbro unveils shows for new channel

PAWTUCKET – Hasbro Inc. has unveiled some of the programs that will premiere on its new children’s and family television network this fall. The...

Early interest high for UMass law school

DARTMOUTH – The University of Massachusetts’ new public law school recently announced that it has exceeded its application and enrollment goals for the fall...

Covidien shows new hemorrhoid-stapler

MANSFIELD – Covidien Plc last week demonstrated its new hemorrhoid-stapling technology at the American Society of Colon and Rectal Surgeons’ annual scientific meeting in...

Shaw’s celebrating 150th anniversary

WEST BRIDGEWATER, Mass. – Shaw’s Supermarkets is kicking off its 150th anniversary celebration this month. “At 150 years old, Shaw’s is the oldest supermarket in...
CIRCUIT CITY: Warwick-based VR Industries was formed in 1985 after company President Joe Oakes, foreground, and CEO Fred 
Pestana, right, purchased Long Island-based Vanguard Relay. On the left is Vice President Brian Pestanta. /

Building trust a circuit to success

When Pawtucket-based electronics manufacturer Elmwood Sensors was bought by another company in the early 1980s, then-Vice President Fred Pestana and Joe Oakes, the manufacturing...
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