75.3 F
Providence, US
Friday, August 17, 2018

Economic Activity

Investor to buy Tribune Co. for $8.2B

CHICAGO – Media giant Tribune Co. (NYSE: TRB), which went public in 1983, is planning to go private again by selling itself for $8.2...
SLADES BANK's Dennis Wyatt, senior VP and director of retail banking, and Seekonk manager Lisa Russo, right, with the new sign. /

Slade’s Ferry adopts new name, logo

SOMERSET – Slade’s Ferry Bank today unveiled new signs as the institution adopted both a new logo and a new name, Slades Bank, in...
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R.I. gas prices rise for 7th week, to $2.679

PROVIDENCE – Rhode Island gasoline prices rose for the seventh consecutive week, to 50 cents per gallon above the price eight weeks ago, AAA...
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UMass study shows where N.E. gambled in 2006

Rhode Islanders spent $548 million last year “at southern New England’s four casino-style venues,” according to a report released today by the Center for...
THE NEW HOTEL, a Hampton Inn to be constructed at The Village at South County Commons, is to have 100 guest rooms. /

Washington Trust Co. financing $8.1M new hotel

The Washington Trust Co. Commercial Real Estate Group has provided Village Hotel Associates LLC with $8.1 million in financing to build a Hampton Inn...

R.I. firms’ exports surge 21% in ’06

Rhode Island companies last year exported $1.53 billion worth of goods, growing their foreign sales by 20.7 percent – including a big boost from...
JACK TEMPLIN, co-founder of the Providence Geeks, stands in the space at the American Locomotive Works complex  where he and the EDC hope to create an IT incubator. /

A place to grow technology businesses

The R.I. Economic Development Corporation is working with a local IT entrepreneur and co-founder of the Providence Geeks to launch an IT and digital...
URI?S NEW Center for Biotechnology and Life Sciences, for which ground was broken last week, will allow for expanded research on everything from cancer to potential biofuels. /

URI begins construction of major biotech facility

The University of Rhode Island broke ground last week on its Center for Biotechnology and Life Sciences, a project to which the state’s leading...
'We're getting the station into local ownership, where it belongs,' says WRNI General Manager Joe O?Connor.  /

WRNI getting local owners,<br> expanded coverage area

Since taking the job as general manager of WRNI (1290AM), the state’s National Public Radio station, Joe O’Connor has pushed for signal expansion and...
PROVIDENCE Art Windows fills empty storefronts with works  such as 'Fragment Land,' a quilt by Mia Capodilupo of Chicago. /

Turning empty windows into artists’ showcases

At night, Maureen Keaveny’s window is a black-light-illuminated sculpture of recycled paper shaped into shrubbery. The Rhode Island School of Design junior calls it...
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