Investment firm buys Torex for $407.5M
Cerberus European Investments LLC yesterday completed its acquisition of all businesses and subsidiaries of U.K.-based Torex Retail Plc., including the Cumberland-based Torex Americas Retail....
R.I., Mass. both add jobs in May<br> despite higher unemployment
WASHINGTON – The New England unemployment rate rose to 4.7 percent in May from 4.4 percent the previous month and 4.5 percent in...
Mass. foreclosures remain high in May
BOSTON – Announcements of foreclosure auctions in Massachusetts declined last month compared with April but more than doubled compared with May 2006, according to...
Crawford to attend Raymour & Flanigan opening
SEEKONK – Businesswoman and supermodel Cindy Crawford will be among the attractions at tomorrow’s 9 a.m. to 9 p.m. grand opening of Raymour...
Caprio, union announce Treasury reorganization
PROVIDENCE – General Treasurer Frank T. Caprio and union representative Sal Lombardi today announced a plan to reorganize the R.I. Treasury Department.
“I came into...
May housing starts fall 24.2% from a year ago
WASHINGTON – Housing starts nationwide fell in May to a seasonally adjusted annual rate of 1.47 million, a decline of 24.2 percent from the...
ICSC: U.S. retail sales dip 0.1%
NEW YORK – Sales at U.S. retail stores open at least one year declined a seasonally adjusted 0.1 percent over the past week, continuing...
Conservation group seeks ethics probe of CRMC
PROVIDENCE – The Conservation Law Foundation today asked the state Ethics Commission to investigate members of the R.I. Coastal Resources Management Council, citing “a...
RISD leases Moshassuck Square Apts.
PROVIDENCE – The Mount Vernon Co. today announced that the Rhode Island School of Design has signed a long-term master lease on the Moshassuck...
AAA: R.I. gas prices fall 4¢ to $2.969
PROVIDENCE – Rhode Island gasoline prices are back below $3 per gallon, after falling for their third consecutive week, according to AAA Southern New...













