Industries

Lenders keep eye on Fed but don’t fret much yet

Economic Activity 09/08/2007

Banks and other financial institutions, contending in recent weeks with a global liquidity crunch spurred by the national collapse of the subprime housing market,...

JOHN REGAN, right, senior VP for commercial lending at The Washington Trust Co., says the bank is increasing its committment to commercial lending. At left is Richard G. Dunn, VP of commercial lending at the bank. /

Commercial credit still OK in R.I.

Economic Activity 09/08/2007

Despite a tightening lending climate in other markets, banks in Rhode Island report that their commercial loan portfolios have been strong – and most...

Mass. auto coverage reforms face much criticism

Capital Goods 09/08/2007

Massachusetts’ move toward a more competitive auto insurance industry is facing resistance. Some consumer advocates are criticizing the state insurance commissioner’s proposed “managed competition” rules,...

ROBERT VINCENT has been tinkering with electronics since his childhood, in the early 1950s. Now, one of his inventions has been licensed by a major auto parts maker. /

URI inventor finds big rewards<br> in tiniest creations

Capital Goods 09/08/2007

Robert Vincent’s lifelong obsession with electronic radios has paid off. Vincent, a staff technician in the physics department at the University of Rhode Island,...

BEACON MUTUAL, above, today paid $500,000 to the State of Rhode Island, in the first installment of the settlement the company reached July 27 with the R.I. DBR. /

Judge clears way for Beacon Mutual settlement

Business Services 09/07/2007

PROVIDENCE – A decision by Superior Court Judge Michael Silverstein has cleared the way for The Beacon Mutual Insurance Co. to begin making payments...

Everett Dance Theatre wins $18K MAP Fund grant

Entrepreneurship 09/07/2007

NEW YORK – The Everett Dance Theatre of Providence is among 60 artists and ensembles nationwide honored this week with $1 million in total...

Warwick receives $500K sewer-extension grant

Economic Activity 09/07/2007

WARWICK – The city Sewer Authority, which this week unveiled a new, user-friendly Web site, has received a $500,000 grant from the R.I. Clean...

THE CLUB, built in the 1860s at Sakonnet Point, includes the main inn building plus a barn converted to house a restaurant/ function hall, guest suites and a small spa. /

L.C. residents to buy historic Stone House Club

Economic Activity 09/06/2007

LITTLE COMPTON – Craig Pishotti and Zachary Miller, the founders of GooseWing Hotels & Resorts, today said they “are in the final stages of...

Duke Press adopts Tizra online publishing system

Economic Activity 09/06/2007

PROVIDENCE – Tizra Inc. this morning announced that its Agile PDF publication service will be used by Duke University Press “to repackage, deliver and...