Economic Activity

10 journalists receive environmental fellowships

NARRAGANSETT – The Metcalf Institute for Marine and Environmental Reporting has selected 10 reporters from around the country to receive its Annual Workshop for...
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ATC acquires Lincoln Environmental

SMITHFIELD – Lincoln Environmental Inc.’s operating assets have been acquired by ATC Group Services Inc. of Woburn, Mass., doing business as ATC Associates Inc....
THE MARCH RATIO of 1.14 means wholesalers had 1.14 months of goods on hand at the current sales pace.  /

U.S. wholesale sales outpace inventories

WASHINGTON – Seasonally adjusted sales at merchant wholesalers, excluding manufacturers’ branches and offices, increased in March to 1.8 percent above the February level and...

World Bank says Wolfowitz broke ethics rules

World Bank directors have ruled that President Paul Wolfowitz, 63, violated ethics rules in arranging a pay raise for his companion, communications officer Shaha...
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Clear Channel shareholder vote set for May 22

SAN ANTONIO – Clear Channel Communications Inc. (NYSE: CCU) has postponed until Tuesday, May 22, its special shareholder meeting on the takeover bid from...
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Tiffany & Co. targets Providence Place

NEW YORK – Luxury goods merchant Tiffany & Co. today announced plans for a 5,100-square-foot store at Providence Place, which it plans to open...

‘Providence Tomorrow’ hearing delayed to May 16

PROVIDENCE – The City Plan Commission has delayed its public hearing on “Providence Tomorrow: The Interim Comprehensive Plan” until 5:30 p.m. on Wednesday, May...
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ICSC: Sales fell last week; April outlook gloomy

NEW YORK – U.S. retail sales probably fell last month compared with a year earlier as “a confluence of factors” including an early Easter...
THE FIRST QUARTER was "a very solid quarter" for both CVS and Caremark, says Thomas M. Ryan, president and CEO of the new CVS/Caremark Corp. /

CVS/Caremark profit rises 24.1% to $408.9M

WOONSOCKET – CVS/Caremark Corp. (NYSE: CVS) today said its first-quarter profit rose to $408.9 million or 43 cents per diluted share, an increase...

LIN TV posts 1Q profit of $20.7M

PROVIDENCE – For the quarter ended March 31, LIN TV Corp. (NYSE: TVL) today reported net income of $20.7 million or 42 cents per...
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