No. 5 homebuilder KB’s profits plunge 84%
LOS ANGELES – KB Home, the nation’s fifth-largest homebuilder, today said its profits fell 84 percent in the quarter ended Feb. 28 as the...
Subprime meltdown hits 0-down loans
The credit crunch that began with the meltdown of the subprime mortgage market has spread to affect even borrowers with good credit, according to...
U.S. leading indicators fall 0.5% in Feb.
The U.S. Leading Economic Indicators index fell 0.5 percent last month to 137.3 points (1996 = 100) after declining 0.3 percent in January and...
CVS/Caremark merger completed
WOONSOCKET – CVS Corp. and Caremark Rx today announced the closing of Caremark’s $27.2 billion acquisition by CVS.
The combined company, renamed CVS/Caremark Corp....
Fed again keeps funds rate at 5.25%
WASHINGTON – The Federal Reserve Open Market Committee decided yesterday to keep its target for the federal funds rate at 5.25 percent, as it...
Alternative energy a national security issue,<br> Bush tells Ford, GM workers
Hybrid vehicles will bolster national security by reducing dependence on foreign oil, President George W. Bush yesterday told U.S. auto industry workers and executives...
Providence jobless rate lags nation’s in Jan.
Unemployment rates were lower in January than a year earlier in 179 of the 369 metropolitan areas nationwide, higher in 156 and unchanged in...
Veri & Assoc. honored for site design
PROVIDENCE – Local landscape architectural firm Veri & Associates has won top honors for site design and landscaping in the National Concrete Masonry Association’s...
Economy shows dark side of ‘ownership society’
For years, President George W. Bush has promoted an “ownership society” that gives citizens a personal stake in their financial health, as affected by...
Dunk completes leasing of new luxury suites
PROVIDENCE – All 18 of the new luxury suites at the Dunkin’ Donuts Center have been leased, and the Dunk already has a waiting...
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