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Providence
Monday, November 30, 2020

Economic Activity

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Contracts can imply more than what’s stated

One matter that came to me years ago was the situation of a songwriter who had assigned all of his copyrights to a music...

DEM extends date for comments on wetlands rules

PROVIDENCE – The R.I. Department of Environmental Management today announced it is extending the public comment period on its proposed changes to freshwater wetlands...

Swank annual profit soars to $14M in 2006

TAUNTON – Swank Inc. (Pinksheets: SNKI) nearly quadrupled its profit to $13.99 million in 2006, compared with 2005 net income of $3.61 million....

Wal-Mart’s profits surge in 4Q; Home Depot’s fall

In fourth-quarter reports released today, Wal-Mart Stores Inc.’s profits surged 9.8 percent to $3.94 billion or 95 cents a share, while Home Depot Inc.’s...
SATELLITE dishes on a rooftop in New York City, where Sirius has its headquarters in Rockefeller Center. /

Sirius radio’s $4.6B XM deal faces serious scrutiny

Sirius Satellite Radio Inc.’s $4.57 billion purchase of XM Satellite Radio Holdings Inc. faces opposition from regulators, legislators and other broadcasters, Bloomberg News reports. The...

Treasuries lose investors along with volatility

The U.S. government securities market, once the world’s most influential, is losing its “masters of the universe” cachet with big banks, according to Bloomberg...

Oil prices expected to fall as mercury rises

Forecasts of warmer weather in the Northeast – the nation’s largest user of heating oil – have fueled speculation that U.S. inventories might be...
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Bernanke, Fed forecast get mixed reception from Dems

WASHINGTON - Federal Reserve Chairman Ben S. Bernanke, in his first clash with the Democrat-controlled House, signaled that the central bank may need to...
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AAA: R.I. gasoline prices rise <br>6 cents, to $2.39 per gallon

Rhode Island gasoline prices rose an average of 6 cents per gallon over the past week, to the same level as a year ago,...
DAVID AND MARK EXTER, of S & W Television & Appliance Co., are taking on the big retail stores like Wal-Mart and Best Buy, not only with their prices, but with the personal touches the big stores can't provide. /

Who’s afraid of the big-box stores?

S & W Television & Appliance Co. BUSINESS TYPE: Independent appliance retailer OWNER: Mark Exter LOCATION: 2735 Pawtucket Ave., East Providence EMPLOYEES: Seven full-time, two part-time (including owner) YEAR FOUNDED: 1946 ANNUAL...

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