Summer Infant buys Basic Comfort baby products
WOONSOCKET – Summer Infant Inc. has completed its acquisition of Basic Comfort Inc., a Denver-based maker of infant comfort and safety products, the company...
R.I. leads in tech-sector wage growth
WASHINGTON – On a dollar basis, Rhode Island saw the largest annual growth in technology-job wages of any state nationwide from 2005 to 2006,...
R.I., Providence team up to plan city’s waterfront
PROVIDENCE – Two state entities and the City of Providence are partnering to redevelop 19.2 acres of prime real estate in the city’s Jewelry...
IPOs for tech and other startups hit 5-year low
ARLINGTON, Va. – Just five startups backed by U.S. venture capital firms staged initial public offerings in the first three months of the year,...
Video driving sales of fastest routers, Cisco says
SAN JOSE, Calif. – Networking technology giant Cisco Systems Inc. (Nasdaq: CSO) reports that sales of its fastest, most expensive network router have surged...
Assembly seeks to limit consumer electronic waste
PROVIDENCE – The state would “establish a manufacturer-financed system for the collection, recycling and reuse” of old computers and other consumer electronic waste, to...
R.I. ‘Cure Kids’ Cancer’ radiothon raises $700K
PROVIDENCE – Last week’s “Cure Kids’ Cancer” raised $700,000 to support pediatric cancer treatment and research at Hasbro Children’s Hospital, the hospital announced today....
Convention Center to raise long-term parking rates
PROVIDENCE – The R.I. Convention Center Authority board yesterday voted to raise event and monthly parking rates at the Convention Center garages effective June...
Hasbro pays $80M for Trivial Pursuit
PAWTUCKET – Hasbro Inc. (NYSE: HAS) has acquired all intellectual property rights to the Trivial Pursuit brand, paying $80 million to Horn Abbot...
Gas rises 1¢ in R.I.; diesel falls 4¢
PROVIDENCE – Gasoline prices rose a penny this week, reversing last week’s decline, while diesel prices saw a 4-cent decrease, AAA Southern New England...