40.7 F
Providence, RI
Monday, February 19, 2018
Home Economy

Economy

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...
RENE R. MENARD, D-Lincoln, is sponsoring a bill that would give more rights to condo dwellers. /

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...

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,...

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...
 /

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...

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...

FM Global profit up 16% after low disaster losses

JOHNSTON – FM Global, a major commercial and industrial property insurer and risk management adviser, said last week that its net income for 2006...

N.Y. chain buying Alperts for undisclosed price

SEEKONK – Raymour & Flanigan Furniture, a retail chain with 3,800 employees and 70 stores in six states, including two in western Massachusetts, has...

Woonsocket lead plan wins top HUD rating

WOONSOCKET – The city’s financial assistance program for lead abatement in older housing has won the U.S. Department of Housing and Urban Development’s highest...

Campaign aims for ‘effective’<br> teacher in every classroom

PROVIDENCE – The Providence Educational Excellence Coalition, a community group started in 2004 by the Rhode Island Children’s Crusade for Higher Education, has launched...
- Featured Event -

Latest News