HUD grants East Providence more than $800K
PROVIDENCE – The U.S. Department of Housing and Urban Development today informed U.S. Sen. Jack Reed that East Providence will receive $814,171 in federal...
LIN TV reports 2Q profit
PROVIDENCE – LIN TV Corp. (NYSE: TVL) today reported net income for its second quarter of $3.5 million on revenue of $103.3 million. The...
Economists expect consumers to slow spending
WASHINGTON – The U.S. economy will grow less than previously forecast due to lower rates of consumer spending, which is being driven by rising...
Providence Equity invests in NBC-News Corp. venture
PROVIDENCE – Providence Equity Partners has been reported to have invested $100 million in the as-yet unnamed Web site being developed jointly by NBC...
Stocks back up as subprime shock <br>seen as less damaging
NEW YORK - Diminishing concern that subprime mortgage losses will hurt corporate earnings at homebuilders and financial companies have driven U.S. stocks higher today....
Quonset Gateway plan revised
NORTH KINGSTOWN - Following significant input from state and local officials, many of whom had objected to the initial Quonset Point Gateway plan put...
MPM takes over management of 170 Westminster
PROVIDENCE - Following the July 3 sale of 170 Westminster Street to a Pennsylvania-based investment group, a Providence firm, MPM Property Management LLC, has...
Patrick unveils 5-year $12B capital plan
BOSTON – Governor Deval Patrick Monday unveiled a five-year capital investment proposal that aims to spend $12 billion on higher education facilities, road and...
Productivity improves less than forecast
WASHINGTON - Productivity among U.S. workers increased at an annual rate of 1.8 percent in the second quarter, less than the 2-percent rate that...
Retail sales declined 0.3% last week
NEW YORK – Sales at U.S. retail stores open at least one year declined a seasonally adjusted 0.3 percent over the past week, reversing...
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