Susan A. Baird
Acushnet predicts victory in Pro V1 golf ball dispute
FAIRHAVEN – The Acushnet Co., a division of Deerfield, Ill.-based Fortune Brands Inc. (NYSE: FO), said it will appeal yesterday’s adverse ruling in its...
R.I. faces $372M shortfall, eyes ‘dramatic steps’
PROVIDENCE – The State of Rhode Island now projects its revenue will fall $233.6 million short of expectations for fiscal 2009, boosting the estimated...
General Growth eyes bankruptcy<br> as credit crunch squeezes cash flow
CHICAGO – General Growth Properties Inc. (NYSE: GGP), whose properties include Providence Place, the Silver City Galleria in Taunton and Boston’s historic Faneuil Hall...
‘R.I.’s abysmal year continued in September’
KINGSTON – “Rhode Island’s abysmal year continued in September,” although the state’s economy did edge up from its “nightmare” low the month before, according...
Santander plans $9.2B stock offering
MADRID – Banco Santander SA (NYSE: STD) plans to raise 7.2 billion euros ($9.2 billion at today’s exchange rate) through an offer of new...
U.S. unemployment surges to 6.5%
WASHINGTON – The nation’s unemployment rate last month surged to a 14-year high of 6.5 percent, from 6.1 percent in September and 4.8 percent...
Summer Infant 3Q profit soars 51.5%
WOONSOCKET – Infant and toddler product maker Summer Infant Inc. (Nasdaq: SUMR, SUMRW) posted a profit of $1.61 million, a 51.51-percent increase from the...
NSTAR 3Q profit rises 1.93%
BOSTON – Energy delivery company NSTAR Inc. (NYSE: NST) saw its third-quarter profit edge up 1.93 percent to $85.82 million, slowing from the year-ago...
Business productivity growth slows in 3Q
WASHINGTON – The productivity of U.S. business and manufacturing workers increased in the third quarter, although at a slower rate than in the previous...
U.S. unemployment rolls at 25-year high
WASHINGTON – The number of workers filing first-time claims for unemployment benefits fell last week after rising sharply the week before, according to the...
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