Susan A. Baird
U.S. broadens bad-debt bailout plan
WASHINGTON – The federal government’s pledges to pour $700 billion into buying up downgraded mortgage assets and $400 billion into stabilizing money-market funds may...
Carcieri names RIPTA budget review panel
PROVIDENCE – Gov. Donald L. Carcieri today called for a review of finances at the ailing R.I. Public Transportation Authority, and named a panel...
R.I. is 3rd in N.E. in 2Q income growth
WASHINGTON – U.S. personal income grew 1.8 percent in the second quarter, as income growth accelerated in all but five states, the U.S. Bureau...
T.F. Green traffic again lags year-ago levels
WARWICK – Passenger traffic at T.F. Green Airport (PVD) last month continued to lag year-ago levels, although it rose compared with July, based on...
Regulators oust CEO in AIG takeover
NEW YORK – The nation’s largest insurer, American International Group Inc. (NYSE: AIG), will be kept afloat long enough to permit the selloff of...
Longs rejects Walgreen ‘interest,’<br> affirms support for CVS bid
WALNUT CREEK, Calif., and DEERFIELD, Ill. – Longs Drug Stores Corp. (NYSE: LDG) this morning said it will not enter talks with Walgreen Co....
Fed defies expectations, stands pat on rates
WASHINGTON – Federal Reserve policymakers today defied expectations, ending their two-day session with a vote to keep their benchmark interest rate unchanged at 2.0...
R.I. gears up to begin enforcing E-Verify
PROVIDENCE – Companies that do business with the state will have to check their workers’ immigration status via the federal E-Verify system, under...
Consumer prices dip as energy costs fall
WASHINGTON – Consumer prices dipped last month for the first time since October 2006, as fuel prices retreated from July’s record highs, the U.S....
R.I. economy still ‘moribund’ in July
KINGSTON – Rhode Island’s economy remained “moribund” in July, despite a slight recovery from June’s all-time low, according to University of Rhode Island economist...
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