Moshassuck Square Apts. sold for $10M
PROVIDENCE – Boston developer Bruce A. Percelay, chairman of The Mount Vernon Co. Inc., today announced he is buying the Moshassuck Square Apartments for...
U.S. factory orders fall 5.6% in January
WASHINGTON – New orders for manufactured goods fell 5.6 percent in January to $383.1 billion, after rising 2.6 percent in December, the U.S. Census...
Competitor acquiring Mattress Discounters
HOUSTON – Mattress Firm has signed a letter of intent to acquire Mattress Discounters Corp., a mattress maker and retailer with more than...
Paulson: Bad mortgage debt will be limited
TOKYO – Treasury Secretary Henry Paulson, on the first Japan trip since he took office, told reporters the U.S. financial sector is healthy and...
Greenspan sees ‘one-third’ chance of recession
WASHINGTON – The U.S. has a “one-third probability” of entering a recession this year, former Federal Reserve Chairman Alan Greenspan, 81, said in an...
BLS halves its estimate of 4Q gain<br> in U.S. productivity
WASHINGTON – The nation’s productivity in the last quarter was lower than previously thought, and labor costs were higher, The U.S. Labor Department’s Bureau...
Martin Cheese Co. in soft-cheese recall
WESTPORT – The Mass. Department of Public Health has announced a recall of certain soft cheeses, known as Portuguese Cheese, made by the Martin...
Eccles assumes command of NUWC
NEWPORT – The Naval Undersea Warfare Center has a new leader, Rear Adm. Thomas J. Eccles, who assumed command in a ceremony Friday at...
A.T. Cross in $15.7M sale/lease-back
LINCOLN – A.T. Cross Co. (AMEX: ATX) this morning announced it has completed the sale and lease-back of its global headquarters and manufacturing facility...
AAA: R.I. gas prices surge 17¢ to $2.499
PROVIDENCE – Gasoline prices in Rhode Island have surged 17 cents in the past week and 32 cents in the past three weeks, according...
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