Industries

RBS announces $1.5M writedown on subprime debt

Economic Activity 12/07/2007

EDINBURGH – Royal Bank of Scotland Group plc, the second-largest U.K. bank, yesterday said its earnings will exceed analyst estimates this year, despite $3...

2007 sees ‘explosion’ of office space in R.I.

Capital Goods 12/07/2007

PROVIDENCE – “The incredible explosion of new and renovated office space statewide is the story of 2007,” Jay Fluck, a CB Richard Ellis-New England...

JOSTENS DESIGNED and manufactured this ring for the New England Patriots, to commemorate their SuperBowl XXXIX triumph, and also has crafted championship rings for the Boston Red Sox. /

Jostens to shut Attleboro plant, idling 177 workers

Capital Goods 12/07/2007

MINNEAPOLIS – Jostens Inc. plans to close its Attleboro jewelry manufacturing plant in early February. About 177 full-time and seasonal workers will lose their...

UnitedHealth in $630M settlement with former execs

Business Services 12/07/2007

MINNEAPOLIS – After a 15-month review of past stock-option practices, UnitedHealth Group (NYSE:UNH) has reached a settlement agreement with three former executives that calls...

NORTHEASTERN manufacturing CFOs were more optimistic than their peers nationwide, with 47% predicting the U.S. economy will expand in 2008, the survey found. /

Manufacturers cautious about outlook for 2008

Capital Goods 12/06/2007

GLASTONBURY, Conn. – Though U.S. manufacturers are cautious about the business and economic outlook, 70 percent expect their own revenue to increase in the...

Prescription drug co-pays on the rise, study finds

Financial Services 12/06/2007

KANSAS CITY, Kan. – An analysis of prescription drug co-payments over the last three years shows that consumers in New England are paying more...

HENRY PAULSON, right, secretary of the Treasury, looks on as President George W. Bush makes his statement today in the Roosevelt Room at the White House, where they and other officials announced an agreement by lenders to freeze rates on some subprime ARMs for five years, to stem the rising tide of foreclosures. /

Bush, Paulson: Lenders to freeze some mortgage rates

Economic Activity 12/06/2007

WASHINGTON – President George W. Bush, Treasury Secretary Henry M. Paulson Jr. and Secretary of Housing and Urban Development Alphonso Jackson today...

Workers ratify 3-year deal with Women & Infants

Health Services 12/06/2007

PROVIDENCE – Workers at Women & Infants Hospital have voted to approve a three-year contract, their union announced today. Hundreds of nurses and dietary,...

Bush to announce freeze on mortgage rates

Economic Activity 12/06/2007

An update of this article is available at www.PBN.com. WASHINGTON – President George W. Bush is expected announce a freeze on some subprime mortgage rates...