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Providence, US
Monday, August 20, 2018

Government

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New Quonset Gateway plan adds more office space

The Quonset Development Corporation and developer New Boston Development Partners LLC last week unveiled a revised plan for the proposed Gateway project in the...

Beacon report is damning, but response is muted

Nineteen months after a whistleblower’s allegations sparked a probe into The Beacon Mutual Insurance Co., and more than a year after an independent team...

Federal disaster aid approved for April storms

WINDSOR, CONN. – More than $56,000 in federal aid has been allocated for disaster relief projects stemming from the severe storms and flooding that...
EPA REGIONAL ADMINISTRATOR Robert Varney hopes that setting up support for
R.I. towns and cities will help them prevent sewage overflows from polluting Narragansett Bay. /

EPA orders 6 R.I. communities <br> to stem sewage overflows

BOSTON – The U.S. Environmental Protection Agency has ordered six more Rhode Island cities and towns to take steps to stem the overflow of...
JOHN OLIVER, left, vice president of R&D at NABsys, has been awarded a federal grant for his genome sequencing work. At right is NABsys President and CEO Barrett Bready. /

NIH money to support better gene sequencing

Two researchers affiliated with a Providence-based life sciences startup were recently awarded prestigious grants for their work to develop a widely affordable method of...
Citizens Exec Katherine Ferguson McKenzie says getting a business perspective on issues is helpful to the school board. /

Citizens exec relishes Providence School Board work

Katherine Ferguson McKenzie Position: Group executive vice president of human resources, Citizens Financial Group; Providence School Board member Background: Katherine McKenzie joined Citizens in September...

Import prices rise in July on petroleum increase

WASHINGTON – The Department of Labor's Bureau of Labor Statistics reported today that higher petroleum prices drove up the U.S. Import Price Index 1.5...
CONTINUING WORRIES that the collapse of the subprime mortgage market will seriously damage the rest of the economy have forced the Fed to inject cash into the system. /

Fed adds $19B by buying mortgage-backed debt

WASHINGTON - The Federal Reserve has joined the European Central Bank in injected cash into the monetary system, as worries about the U.S. subprime...

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...

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...
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