Tuesday, April 23, 2024

TOPICS

Economic Activity

Providence falls in best-for-business ranking

LOS ANGELES – Providence fell 10 spots to No. 39 while Boston moved up to No. 2 in MarketWatch’s second annual ranking of the...
NET ABSORPTION of office space in the Rhode Island market this year turned sharply negative, after averaging 157,000 square feet per year from 2003 through 2007, CBRE-NE executives said today. /

Real estate turnaround still a ways away

PROVIDENCE – Rhode Island’s commercial and industrial real estate markets this year have slowed, as the residential housing crisis has turned into an across-the-board...
VACANT PROPERTIES that have been vandalized create not just an eyesore but a danger to local children, contends Providence City Councilor Terrence M. Hassett, shown this summer outside a damaged house in Smith Hill. (READ MORE) /

Mass. targets 4 local cities for foreclosure aid

BOSTON – Attleboro, Fall River, New Bedford and Taunton are among the 39 communities “hardest hit by foreclosure” slated to receive part of Massachusetts’...

Aspen Aerogels named top emerging company

CAMBRIDGE – Aspen Aerogels Inc., a nanotechnology firm that designs and manufactures energy-efficient insulation products, was named Emerging Company of the Year at the...

R.I. bioscience policies are focus of Friday event

PROVIDENCE — Tech Collective will host a panel discussion on Friday morning about the Rhode Island bioscience industry and government efforts to boost the...

BX.com readies $25M acquisition fund

PROVIDNECE — The e-commerce software company BX.com Inc. plans to take advantage of the current economic downturn to acquire some of its weaker competitors’...
THE STATE IS TIED with New York for the total number of broadband Internet connections that are high speed, defined in the report as download rates of 5 megabits per second (Mbps) or more. /

Mixed report card on broadband speeds in R.I.

Rhode Island has the third-highest percentage of high-speed broadband Internet connections in the U.S., according to a new report, but broadband usage overall appears...
THE FACILITY  transforms methane gas produced at the Central Landfill from a hazardous byproduct to a renewable energy source.  /

R.I. to expand methane-to-power plant

JOHNSTON – Methane gas released by decomposing waste at the state Central Landfill is transformed into electric power by international power-plant owner, operator and...
TESTIFYING before the U.S. House Financial Services Committee on Nov. 19 are, from left, GM CEO Rick Wagoner; Chrysler Chairman and CEO Robert Nardelli; Ford President and CEO Alan Mulally; and United Auto Workers union (UAW) President Ron Gettelfinger. /

Nov. auto sales are forecast to fall 32%

Auto sales nationwide probably fell last month, as wary consumers shunned big-ticket purchases and U.S. automakers began seeking federal aid, based on industry forecasts...
"SLATER AND CHERRYSTONE would heartily welcome a fund like Clear Venture, both as co-investment partner for financings in which they are investing and as a subsequent round (next phase) investor," said Michael Gurau of his new venture-capital fund, Clear Venture. /

Five Questions With: Michael Gurau

Michael Gurau is a venture capitalist working out of Freeport, Maine. For five years, Gurau and his partner, Michael Burgmaier, have run a venture-capital...
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