Ted Nesi, Author at Providence Business News

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The average price of self-serve, unleaded regular gasoline in Rhode Island stood at $2.94 per gallon on Monday, according to AAA Southern New England. /

R.I. gas prices fall as oil drops below $70

Capital Goods 05/17/2010

PROVIDENCE – Gasoline prices have fallen in Rhode Island after six weeks of increases, AAA Southern New England reported Monday. The auto club’s May 17...

Central Falls teachers to keep jobs

Education 05/17/2010

CENTRAL FALLS – School and union officials said Sunday they have reached a tentative deal to let Central Falls High School’s 87 fired teachers...

THE AMERICAN POWER ACT was introduced in the Senate this week by U.S. Sens. John Kerry, D-Mass., and Joseph Lieberman, independent of Connecticut. /

Senate climate bill would end RGGI

Government 05/14/2010

WASHINGTON – The high-profile climate change bill introduced in the U.S. Senate this week would end the Regional Greenhouse Gas Initiative, the carbon cap-and-trade...

SEN. JACK REED has spearheaded passage of a bill that would send $149 million to Rhode Island, Tennessee and other states affected by floods this year to help them recover from the natural disasters. /

Sen. Reed secures U.S. flood aid for R.I.

Economic Activity 05/14/2010

WASHINGTON – The Senate Appropriations Committee on Thursday unanimously approved a bill to send $149 million in aid to Rhode Island, Tennessee and other...

CVS shares gain on CEO transition news

Economic Activity 05/13/2010

WOONSOCKET – Investors reacted positively on Wednesday to CVS Caremark Corp.’s announcement that its head of retail operations, Larry J. Merlo, would succeed Thomas...

R.I. borrows $145M for roads, housing

Financial Services 05/13/2010

PROVIDENCE – Rhode Island sold $144.7 million in bonds on Wednesday to pay for transportation projects and housing development, R.I. General Treasurer Frank T....

A UNITED NATURAL FOODS natural and organic distribution center in New Hampshire. The company plans to expand its operations into Canada this year. /

United Natural Foods expands to Canada

Capital Goods 05/12/2010

PROVIDENCE – United Natural Foods Inc. said Tuesday it has bought an Ontario company’s food distribution assets in order to expand its operations into...

CVS Caremark CEO Ryan to retire in ’11

Economic Activity 05/12/2010

(Updated, 10:40 a.m.) WOONSOCKET – CVS Caremark Corp.’s longtime Chairman, President and CEO Thomas M. Ryan will retire as CEO next year, the company announced...

"OUR GOAL is to create high-value local content that people value," said Josh Fenton, a co-founder of GoLocalProv. /

Five Questions With: Josh Fenton

Economic Activity 05/12/2010

Josh Fenton is co-founder of the news website GoLocalProv.com. PBN: Tell me about GoLocalProv. FENTON: Paul Krasinski and I started looking at the changing landscape of...