Thursday, August 27, 2026

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Ted Nesi

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ProJo is Belo’s strongest amid 1Q losses

PROVIDENCE – The Providence Journal’s parent company, A.H. Belo Corp., said Tuesday the local newspaper’s performance was the strongest of its three publications during...
CVS/PHARMACY STORES open for at least a year posted a 3.7 percent increase in pharmacy sales but a 0.7 decline in sales of general merchandise. /

CVS Caremark posts record $770M profit

WOONSOCKET – CVS Caremark Corp. on Tuesday reported a record first-quarter profit despite softer-than-expected winter retail sales caused by severe weather and a mild...

Green may lose flights in airline merger

WARWICK – The newly announced $3 billion merger of United Airlines and Continental Airlines Inc. could reduce passenger traffic at T.F. Green Airport if...
PLUGGED IN: LIN TV Corp. CEO Vincent L. Sadusky opposes reducing the amount of 
airwaves available to TV stations in order to accommodate wireless broadband. /

TV stations may fight FCC to keep airwaves

The world of telecommunications has changed massively since LIN TV Corp., the Providence-based owner of 27 television stations nationwide, was founded in 1966. And...

Hasbro closes in on making Fortune 500

PAWTUCKET – Hasbro Inc. is getting closer to becoming a Fortune 500 company. Since its founding in Providence in 1923, Hasbro has grown to become...
THE FEDERAL TRADE COMMISSION is investigating whether the 2007 merger of CVS and Caremark Rx stifled competition or hurt consumers. /

Two FTC divisions probing CVS merger

WOONSOCKET – The Federal Trade Commission’s consumer protection bureau and its competition bureau are both participating in the agency’s investigation of the 2007 merger...
THE SHORELINE in Barnstable, Mass., is shown with computer-generated images of how Cape Wind says its 130 windmills will look from the coast. /

Cape Wind’s base to be Quonset or N.B.

PROVIDENCE – The newly approved Cape Wind project plans to make its home port either Quonset Point in North Kingstown or New Bedford, an...

Waste, scrap are R.I.’s top exports again

PROVIDENCE – Waste and scrap were Rhode Island’s largest export for the fourth year in a row in 2009, according to the U.S. Commerce...

Acushnet Co. profit up nearly fourfold

FAIRHAVEN – The Acushnet Co., maker of golf apparel and equipment, saw its operating profit surge nearly fourfold in the first three months of...
SOVEREIGN BANK has cut its work force from 10,175 to  8,503 since Banco Santander took over the Philadelphia-based lender in January 2009. /

Sovereign Bank rebounds to $95M profit

PHILADELPHIA – Sovereign Bancorp’s earnings continued to rebound in the first three months of the year with its second consecutive quarterly profit, Banco Santander...
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