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Susan A. Baird

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Judge asks for, gets, delay in Carcieri order

PROVIDENCE – In response to a request today by R.I. Superior Court Judge Patricia A. Hurst, Gov. Donald L. Carcieri agreed to defer the...
KOPIN IS KNOWN not only for its micro-displays, but also for its gallium arsenide HBT (heterojunction bipolar transistor) wafers. The high-efficiency vertical transistors are used in cell phones, wireless LANs (local-area wireless networks) and high-speed circuits for fiber-optic networks, the company says. /

Kopin 2Q loss shrinks 47% to $1.67M

TAUNTON – Microdisplay and transistor maker Kopin Corp. (Nasdaq: KOPN) saw its second-quarter loss shrink to $1.67 million, a 46.89-percent improvement from the year-ago...

U.S. jobless rate hits 4-year high of 5.7%

WASHINGTON – “Non-farm payroll employment continued to trend down in July,” shrinking by 51,000 jobs nationwide, matching a revised June decline that was smaller...

Carcieri imposes health fees on union workers

PROVIDENCE – In an executive order this afternoon, the full text of which is attached below, Gov. Donald L. Carcieri imposed health-plan changes and...
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U.S. economy grows at 1.9% pace in 2Q

WASHINGTON – The U.S. economy grew at an annual pace of 1.9 percent in the second quarter, after rising at a revised 0.9-percent rate...

Disaster payouts shrink MetLife 2Q profit

NEW YORK – MetLife Inc. (NYSE: MET) posted a second-quarter profit of $915 million, a decrease of 18.95 percent from the year-ago period’s $1.23...

R.I., Mass. score low in business-friendly ranking

NEW YORK – Rhode Island again was 45th nationwide, Massachusetts held steady at 36th and Connecticut slipped two places to 33rd in the annual...

CVS posts record $774.8M profit for 2Q

WOONSOCKET – CVS Caremark Corp. (NYSE: CVS) today posted a record profit of $774.8 million for the quarter ended June 28. That represented an...
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ADP: U.S. payrolls add 9,000 jobs in July

ROSELAND, N.J. – U.S. companies added 9,000 jobs to their payrolls in July, after eliminating a revised 77,000 jobs in June, according to a...

KPMG: Providence fares well <br> in global business-cost survey

TORONTO – Providence “has a lower cost base than either Hartford or Boston, despite its location less than 90 miles from both of these...
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