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Economy

Quaker Fabric loses $37.6M in 2006

FALL RIVER – Quaker Fabric Corp. (Nasdaq: QFAB) last night reported a 2006 net loss of $37.6 million, or $2.23 per share. One-time restructuring...

R.I. residents favor <br>gambling rights for Narragansetts

DARTMOUTH – Rhode Island residents say, 2 to 1, that Congress should grant the Narragansett Indian Tribe the right to conduct gaming on its...
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KASA-TV acquisition gives LIN its 10th duopoly

PROVIDENCE – LIN TV Corp. today announced it has completed its acquisition of KASA-TV, the Fox affiliate in Albuquerque, from Raycom Media. LIN TV...
'THIS WAS a critical victory for our state and our kids, and I congratulate Attorney General Patrick Lynch and his legal team for their outstanding work,' said U.S. Sen. Sheldon Whitehouse (D-R.I.), who as attorney general initiated the first state lawsuit against paint makers. 
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Paint makers must pay for R.I. lead cleanup

PROVIDENCE – Today at noon, Superior Court Judge Michael A. Silverstein ruled that Sherwin-Williams Co. and other former makers of lead paint must pay...

IRS: Many R.I. taxpayers overlook phone refund

The U.S. Internal Revenue Service is urging Ocean State taxpayers to see whether they qualify for this year’s special one-time telephone excise tax refund....
'BOUND AND HEADED for America,' a detail from a painting by M. Chambon that is held by the John Carter Brown Library, which through the end of May is hosting two of several slavery-related exhibits at Brown this spring.   /

Brown to raise $10M for urban schools

PROVIDENCE – Brown University will raise a $10 million endowment for Providence schoolchildren, as part of its response to last fall’s report by the...
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AAA: R.I. gas prices rise 9 cents/gallon

Rhode Island gasoline prices have risen 9 cents in the past week, according to AAA Southern New England. AAA’s Feb. 26 survey of gas prices...

Paint makers must pay for R.I. lead cleanup

PROVIDENCE – Superior Court Judge Michael A. Silverstein today ruled that Sherwin-Williams Co. and other former makers of lead paint must pay the costs...

NABE predicts moderate GDP growth

WASHINGTON – The U.S. economy “appears to be transitioning to a sustainable growth path,” says a report released today by The National Association for...
THE MERGER announced in November by CVS Corp. president and Thomas M. Ryan, left, and Mac Crawford, his counterpart at Caremark Rx, now will go before shareholders in March. /

Caremark shareholders to vote March 16

NASHVILLE, Tenn. – Caremark Rx Inc. (NYSE: CMX) has rescheduled its shareholder vote on the proposed merger with CVS Corp. (NYSE: CVS) for Friday,...
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