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Ethisphere rates Textron among best for ethics

PROVIDENCE – Ethisphere Institute has named Textron Inc. (NYSE: TXT) one of the top government contractors in ethics in its Government Contractor Ethics 2008...
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Report calls for ‘new transportation future’

PROVIDENCE – Expanding the regional mass transit system would yield big savings in energy, time, money and greenhouse gas emissions, according to a report...

Carcieri names 6 to RIRRC’s 8-member board

PROVIDENCE – “Today, I am asking the R.I. Senate to consider and confirm a full slate of exemplary men and women to lead the...

U.S. stocks fall, led by banks and energy issues

NEW YORK – U.S. stock markets fell for a second day, led by financial services and energy companies, as investors bet the Federal Reserve’s...

Mortgage applications dip in first week of March

WASHINGTON – The number of residential mortgage applications nationwide fell in the first week of March, according to the Mortgage Bankers Association’s weekly report. ...

MARI: Documentation key in fighting mortgage fraud

HERNDON, Va. – The broader credit crunch of recent months has caused mortgage fraud to be seen as “a secondary issue,” the Mortgage Asset...
GASOLINE PRICES nationwide rose 12 cents over the past week to $3.28/gallon, 10 cents more than the March 17 price in Rhode Island, AAA found. Above, Patrick Wright fills his tank at a Valero station in Long Beach, Calif. /

R.I. diesel soars past $4/gallon; gas also rises

PROVIDENCE – “Gasoline prices in Rhode Island are up again this week, and are now within 5 cents of the all-time high, while strong...

ProvEquity completes purchase of Clear Channel TV

PROVIDENCE and SAN ANTONIO – Providence Equity Partners Inc.’s Newport Television LLC, a special-purpose holding company, has completed its acquisition of Clear Channel Communications...

Fed cuts discount rate, backs Bear Stearns deal

WASHINGTON – The Federal Reserve Board yesterday took several emergency actions “to bolster market liquidity and promote orderly market functioning,” cutting a key...
JOSEPH T. BAPTISTA JR., center, Mechanics Cooperative Bank president and CEO, 
presents a check for $3,000 to Ron Adams, right, and Timothy P. O’Leary, left, of the Bridgewater Cares Family Fund. /

Local bank donation helps families pay heating costs

Mechanics Cooperative Bank has donated $3,000 to the Bridgewater Energy Assistance Fund to help local families pay for the cost of heating their homes....
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