Washington Trust reports profit dip in 4th quarter
Westerly-based Washington Trust Bancorp Inc., parent of The Washington Trust Co, last week posted a fourth-quarter profit of $5.79 million. That’s a decline of...
Banks suffer through tough fourth quarter
Financial giant Bank of America Corp. and two regional banks suffered through a difficult fourth quarter, last week posting either dramatically smaller profits or...
Editorial Cartoon: Shock treatment
Federal Reserve Chairman Ben Bernanke - dressed as a surgeon and holding a pair of paddles that are labelled: “Rate” and “Cut” -...
STAC awards $1.5M in collaborative research grants
PROVIDENCE – The R.I. Science and Technology Advisory Council (STAC) today awarded $1.5 million in Research Alliance grants to nine collaborative projects that bring...
Saratoga to house history display from Annapolis
NORTH KINGSTOWN – An interactive Navy history exhibit from the U.S. Naval Academy at Annapolis, Md., will go on permanent display in Rhode...
Amgen profit rises 7.3% in 2007 despite 4Q sales slump
THOUSAND OAKS, Calif. – Amgen Inc. (Nasdaq: AMGN) today posted a full-year profit of $3.17 billion, an increase of 7.3 percent from the 2006...
Residents again invited to Tour Rhode Island
PROVIDENCE – Government and tourism leaders today teamed up to invite Ocean State residents to become tourists in their own state during the Fifth...
Textron’s full-year profit soars 52.6%
PROVIDENCE – Textron Inc. (NYSE: TXT) today posted a 52.6-percent increase in full-year profit, to $917 million in 2007 from $601 million in 2006,...
Mass. foreclosures surge 148% in 2007
BOSTON – The number of foreclosure deeds filed in Massachusetts in 2007 rose 148 percent compared with 2006, according the latest figures from from...
Patrick praises $458M ‘Big Dig’ settlement
BOSTON – The companies overseeing the “Big Dig” in Boston have agreed to pay $458 million to avoid criminal charges in the fatal tunnel...
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