Government

URI to receive $1.52M in Sea Grant funding

WASHINGTON – The University of Rhode Island will receive $1.52 million from the National Oceanic and Atmospheric Administration’s Sea Grant college program to continue...

Bank of England raises rates; ECB stands pat

The European Central Bank left interest rates unchanged today, after raising them seven times in the past year and a half, according to Bloomberg...
THE U.S. TRADE GAP, in red, is shown above along with the nation's monthly goods and services import and export totals since 2000. /

U.S. trade gap widens in March by 10.4%

WASHINGTON – The nation’s imports of goods and services exceeded exports in March by $63.9 billion, an increase of 10.4 percent from the February...
SYSTEMS ENGINEERING ASSOCIATES is based at Aquidneck Corporate Park, near the Navy base that provides most of its work. /

SEA CORP wins $26.3M in military contracts

MIDDLETOWN – Systems Engineering Associates Corp. (SEA CORP) has been awarded an $8.3 million contract to help integrate Tomahawk missile systems into the...

Fed again leaves rates at 5.25%

WASHINGTON – The Federal Open Market Committee, the policymaking arm of the Federal Reserve System, today decided to keep its target for the federal...
PAUL WOLFOWITZ, 63, the beleaguered World Bank president, fields questions last Wednesday in Belgium. /

Support for Wolfowitz crumbling

Support is crumbling for World Bank President Paul Wolfowitz, 63, a former U.S. deputy defense secretary who is under fire for his role in...
THE INITIATIVE will "ensure the state's ability to support life science progress from the idea stage through the production stage," said Gov. Deval Patrick, who announced the 10-year, $1B plan in a speech yesterday at BIO 2007. /

Patrick unveils 10-year, $1B plan<br> to boost life sciences in Mass.

BOSTON – Gov. Deval Patrick yesterday unveiled a 10-year “Massachusetts Life Science Strategy” that aims to make the state the global leader in life...

Textron sees strong DoD demand for armored vehicles

PROVIDENCE – Textron Systems Corp., a division of Textron Inc. (NYSE: TXT), says demand for its Armored Security Vehicle remains strong. Despite the Marine Corps’...

World Bank says Wolfowitz broke ethics rules

World Bank directors have ruled that President Paul Wolfowitz, 63, violated ethics rules in arranging a pay raise for his companion, communications officer Shaha...

‘Providence Tomorrow’ hearing delayed to May 16

PROVIDENCE – The City Plan Commission has delayed its public hearing on “Providence Tomorrow: The Interim Comprehensive Plan” until 5:30 p.m. on Wednesday, May...
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