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SATELLITE dishes on a rooftop in New York City, where Sirius has its headquarters in Rockefeller Center. /

Sirius radio’s $4.6B XM deal faces serious scrutiny

Sirius Satellite Radio Inc.’s $4.57 billion purchase of XM Satellite Radio Holdings Inc. faces opposition from regulators, legislators and other broadcasters, Bloomberg News reports. The...

Treasuries lose investors along with volatility

The U.S. government securities market, once the world’s most influential, is losing its “masters of the universe” cachet with big banks, according to Bloomberg...

New foundation puts Newport Fed $1.7M in red

NEWPORT – Newport Bancorp Inc. (Nasdaq: NFSB), the holding company for Newport Federal Savings Bank, has posted a 2006 net loss of $1.656 million,...

Oil prices expected to fall as mercury rises

Forecasts of warmer weather in the Northeast – the nation’s largest user of heating oil – have fueled speculation that U.S. inventories might be...

Cumberland trucking firm to be sentenced May 19

The sentencing of Cumberland-based Berkeley Transportation Co. has been set for May 19, the U.S. attorney’s office said. The company last year agreed to plead...

KVH expands small-boat TV options

MIDDLETOWN – KVH Industries, which last year brought satellite TV to the small boat market with its 14-inch TracVision M3 antenna system, has expanded...

M.S. Society’s R.I. Chapter wins national honors

WARWICK – The Rhode Island Chapter of the National Multiple Sclerosis Society was honored with the 2006 Pamela Cavallo Award at the annual National...

MBTA to centralize customer service

BOSTON – The Massachusetts Bay Transit Authority this month will open a centralized customer service department that aims to appease riders and streamline the...
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Bernanke, Fed forecast get mixed reception from Dems

WASHINGTON - Federal Reserve Chairman Ben S. Bernanke, in his first clash with the Democrat-controlled House, signaled that the central bank may need to...
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AAA: R.I. gasoline prices rise <br>6 cents, to $2.39 per gallon

Rhode Island gasoline prices rose an average of 6 cents per gallon over the past week, to the same level as a year ago,...
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