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BLS: 1Q productivity lags early estimates

WASHINGTON – The productivity of U.S. business and manufacturing workers increased less quickly in the first quarter than previously estimated, according to a...
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TriMark USA acquire S.S. Kemp & Co. of Ohio

ATTLEBORO – TriMark USA Inc., a supplier of equipment, supplies and design services to the U.S. food-services industry, has completed its acquisition of Cleveland-based...
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LIN TV signs user-generated content host VMIX

PROVIDENCE – LIN TV Corp. (NYSE: TVL) today announced an agreement with interactive media, video hosting and social networking company VMIX Media to showcase...

RIDOT merging 2 units to save $0.5M/year

PROVIDENCE – The R.I. Department of Transportation today announced plans to save nearly $500,000 per year by consolidating its Transportation Management Center with its...
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Non-manufacturing business rises in May

TEMPE, Ariz. – Growth at U.S. non-manufacturing businesses accelerated in May at the fastest rate in more than a year, surprising analysts, according to...
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Mass. launches YouthWorks summer jobs program

LYNN, Mass. – Gov. Deval Patrick today called on Bay State employers to provide jobs this summer for Massachusetts teens. His comments came at...

Bernanke: Tighter mortgage standards<br> likely to prolong housing slump

WASHINGTON – “Tighter” mortgage standards in the wake of the subprime meltdown are likely to dampen the housing market for longer than policymakers had...

Amgen buying private drug developer Ilypsa

THOUSAND OAKS, Calif. – Biopharmaceuticals giant Amgen Inc. (Nasdaq: Amgen) last night announced it has agreed to acquire Ilypsa, a private company dedicated to...
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Slater Fund investing $250,000<br> in URI biotech spinoff

PROVIDENCE – The Slater Technology Fund today announced $250,000 in seed funding for biotechnology startup Vitrimark Inc. Co-founded by Arijit Bose, a University of Rhode...
TIFFANY & CO. - the luxury retailer that plans to open at Providence Place this fall - says its 1Q profit surged 15% as the weaker dollar boosted sales. Above, shopper Bill Foster leaves the company's flagship store in NYC holding one of its trademark blue bags. /

ICSC: Retail sales dip last week; <br>May sales rise

NEW YORK – Sales at U.S. retail stores open at least one year fell 0.5 percent over the past week after holding steady the...
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