Lack of funds shuts down key Central R.I. resource
Municipalities simply do not have enough money in their budgets to support the Central Rhode Island Development Corporation. That’s the short answer to why...
Moshassuck Square sold for $10M to Boston firm
A Boston developer and major landlord said last week that he is buying the Moshassuck Square Apartments in Providence for $10 million and upgrading...
Interest trends cut into Citizens’ profits
When Citizens Financial Group announced its 2006 results March 1, it focused on the positives: a 2-percent net income increase (actually 1.7 percent) over...
Deficit, health costs seen as<br> major challenges for R.I.
If there is one thing that the region’s business leaders and consumers agree on, it is that the state’s deficit represents a real challenge...
Feds propose subprime loan warnings
Several federal agencies are looking for comments on a proposed subprime mortgage lending statement that addresses risks and issues relating, especially, to adjustable-rate mortgages.
The...
Crime ring used Schwab, TD Ameritrade in fraud
An Eastern European crime ring netted at least $733,000 in illegal profit using trading accounts at TD Ameritrade Holding Corp. and six other firms,...
Legislation aims to boost<br> R.I. condo owners’ rights
As condominiums become an ever-larger part of Rhode Island’s housing market, a Lincoln Democrat is seeking to enhance condo dwellers’ legal rights on two...
Reverse mortgages help<br> many older homeowners
For many of today’s retirees, a home can seem like Fort Knox without a key. Escalating real estate prices have caused many seniors’ homes...
Transportation firm to build<br> Johnston facility, add 140 jobs
JOHNSTON – A. Duie Pyle Inc., a West Chester, Pa.-based transportation and logistics supplier that serves the Northeast, says it will build a distribution...
Cross finishes $15.7M HQ sale, lease-back
LINCOLN – The A.T. Cross Co. announced last week that it has completed the sale and lease-back of its global headquarters and manufacturing facility...
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