Providence Journal (Providence, RI) articles from April 2001

Providence Journal (Providence, RI) archives from April 2001

Providence Journal, R.I., Speakers' Table.
April 1, 2001... Apr. 1--MONDAY: The Propellar Club of the United States -- Port of Narragansett Bay will hold a dinner meeting at 6 p.m., April 9 at the Officer's Club at the Naval Education and Training Center, Newport. Speaker: Capt. Mark VanHaverbeke, MSO,...

Providence Journal, R.I., Business Notes Column.
April 1, 2001... Apr. 1--JEWISH HISTORICAL: Toby Rossner has been appointed executive director of the Rhode Island Jewish Historical Association. She will be responsible for all operations, act as head curator/archivist/librarian of RIJHA's collection and...

Providence Journal, R.I., People in Business Column.
April 1, 2001... Apr. 1--FLEET: Marc White has joined the Fleet Private Clients Group as an executive vice president and managing director. He will direct sales, marketing and product development. He had been managing director at Credit Suisse First Boston...

Rhode Island Instigates Hospital Performance Survey.
April 1, 2001... Byline: Felice J. Freyer Apr. 1--Starting with patients who leave the hospital today, the state of Rhode Island is launching an ambitious program to find out how hospitals are performing -- and to report the results publicly. In the...

Providence Journal, R.I., New Businesses Column.
April 1, 2001... Apr. 1--There were 1,303 companies that filed incorporation papers with the Rhode Island secretary of state's office as of March 23. KEY: Director (D), Incorporator (I), President (P), Agent (A), General Partnership (GP), Limited...

Providence Journal, R.I., Peter Phipps Column.
April 1, 2001... Byline: Peter Phipps Apr. 1--Putting people out of work, and putting out the word Companies used to "downsize" their work force. The people who twist truth for a living sold America on the idea that downsizing was an acceptable...

Rhode Island University Survey Finds Women Create Their Own (Cyber) Space.
April 1, 2001... Byline: Timothy C. Barmann Apr. 1--If you believe that computers and the Internet are primarily a man's domain, think again. While it's true that women didn't adopt the online world as quickly as men, that has all changed. A...

Providence Journal, R.I., Cybertalk Column.
April 2, 2001... Byline: Timothy C. Barmann Apr. 2--MURPHY'S LAW: Something's wrong with Internet legislation. Jonathan Bertman seems an unlikely opponent of a new law designed to protect children from objectionable material on the Internet. He's...

Providence Journal, R.I., MoneyLine Column.
April 2, 2001... Byline: Neil Downing Apr. 2--QUESTION: How many homestead exemption forms must you file to protect some or all of the equity in your home from creditors? That's just one of dozens of questions that readers have phoned in during the...

Providence Journal, R.I., Business Briefs Column.
April 3, 2001... Apr. 3--MICROENTERPRISE GRADUATES: Seven entrepreneurs have graduated from a four-week microbusiness training program run by the Rhode Island MicroEnterprise Program. They are Ana Eunice L. Miranda; Ana M. Varela; Jose F. Martins; Joao J....

Rhode Island Lottery Company Cashes In Its Chips at Three Casinos.
April 3, 2001... Byline: Andrea L. Stape Apr. 3--GTECH Holdings Corp. yesterday sold its stake in three casino development projects for $1.8 million, the result of corporate cost-cutting and a change in business strategy. Full House Resorts Inc. of Las...

FleetBoston Sells Off Its Mortgage Unit.
April 3, 2001... Byline: Lisa Biank Fasig Apr. 3--FleetBoston Financial Corp. agreed to sell its mortgage business to Washington Mutual of Seattle yesterday, in a $660-million deal that will end its more than 60 years in the industry but keep local...

Fund Manager Will Speak at Business Expo 2001 Next Tuesday in Providence, R.I.
April 3, 2001... Byline: Kathleen Yanity Apr. 3--On Thursday, March 8, mutual funds manager Mario Gabelli spoke publicly about the stock markets, and the uncertainty that lay ahead. The biggest variable, he said, would be how the millions of...

Providence Journal, R.I., MoneyLine Column.
April 3, 2001... Byline: Neil Downing Apr. 3--QUESTION: I'm calling about the fact that I already have that homestead deduction benefit . . . and I was just wondering what bearing that has on what this bill is all about. --C.S., Providence ANSWER:...

Providence Journal, R.I., Business Briefs Column.
April 4, 2001... Apr. 4--AMTROL SALES DROP: AMTROL Inc., of West Warwick, yesterday reported net sales last year dropped 11 percent, to $197.5 million. AMTROL cited weak European currencies, increasing competition and pricing pressures in certain North American...

Providence Journal, R.I., MoneyLine Column.
April 4, 2001... Byline: Neil Downing Apr. 4--KEEP GOOD RECORDS, AND PROFIT FROM THIS ADVICE: When we receive dividends from a mutual fund that are reinvested, and then when (we) sell the (shares), we pay a capital gains on it. But how do we keep track of...

Providence Journal, R.I., Bay Shipping Column.
April 4, 2001... Apr. 4--ARRIVING TODAY: Energy Enterprise, 6 a.m., to Brayton Point, from Newport News with coal. SAILING TODAY: Frio Olympic, p.m., from Davisville, to sea. Energy Enterprise, 7 p.m., from Brayton Point, to Virginia in ballast. ...

North Kingstown, R.I., Software Company Payout May Not Measure Up.
April 4, 2001... Byline: Bob Wyss Apr. 4--Brown & Sharpe Manufacturing Co. now hopes to close on the sale of most of its assets on April 27, but stockholders are probably not going to collect the $5.50 to $6 a share projected five months ago. The...

Providence Journal, R.I., Business Briefs Column.
April 5, 2001... Apr. 5--THESTREET.COM CUTS 40 MORE: TheStreet.com, a struggling financial news Web site, is laying off about 40 people, or 20 percent of its staff, in an effort to achieve profitability. The company laid off an initial 20 percent in November,...

Hasbro Executives Fail to Receive Raises, Bonuses.
April 5, 2001... Byline: Lisa Biank Fasig Apr. 5--When the toy-making business isn't all fun and games, then it also isn't all raises and bonuses. Neither of the top two executives at Hasbro Inc. earned an increase in pay nor a bonus last year, when...

Providence Journal, R.I., New Businesses Column.
April 5, 2001... Apr. 5--There were 1,408 companies that filed incorporation papers with the Rhode Island secretary of state's office as of March 30. KEY: Director (D), Incorporator (I), President (P), Agent (A), General Partnership (GP), Limited...

Tech Slowdown Plagues Providence, R.I., Software Quality Test Company.
April 5, 2001... Byline: Andrea L. Stape Apr. 5--PROVIDENCE, R.I.--Software Quality Associates LLC spent last year walking on sunshine. This year, a rain cloud follows SQA everywhere. SQA had $10 million in revenue last year placing highly skilled...

Semiconductor Company Short-Circuits Jobs in East Greenwich, R.I., Facility.
April 6, 2001... Byline: Andrea L. Stape Apr. 6--Reeling from sluggish product sales and canceled orders, ON Semiconductor Corp. yesterday slashed 550 manufacturing jobs worldwide, including 80 in East Greenwich. The Arizona company, looking to cut...

Target Plans New Seekonk, Mass., Facility.
April 6, 2001... Byline: Lynn Arditi Apr. 6--Operators of a new Target store scheduled to open July 29 on Commerce Way in Seekonk, Mass. are looking to hire 180 part-time and full-time employees during the next two months. The St. Paul, Minn.-based...

Rhode Island-Based Technology Stocks Rally.
April 6, 2001... Apr. 6--Yesterday must have felt a little bit like a combination of Christmas and the Fourth of July for local technology companies. After watching their stock decline for weeks, many recorded big gains on Wall Street. Kopin, EMC, and...

ACLU Head Speaks About Internet, Laws in Providence, R.I., Area.
April 7, 2001... Byline: Timothy C. Barmann Apr. 7--Nadine Strossen seems to delight in controversy. The president of the American Civil Liberties Union couldn't hold back a smile in a talk Thursday night at Brown University, as she described, of all...

Sales Down for a Year for West Greenwich, R.I., Lottery Firm.
April 7, 2001... Byline: Andrea L. Stape Apr. 7--GTECH Holdings Corp. closed out a difficult year yesterday, reporting an 8-percent drop in fourth-quarter revenue compared with the year before, and a 14-percent decline in quarterly income. The West...

Providence Journal, R.I., Speakers' Table.
April 8, 2001... Apr. 8--TUESDAY: The Rotary Club of Providence will hold a luncheon meeting at 12:15 p.m. at the Providence Marriott Hotel. Speaker: Donna Sherman, executive director, Literacy Volunteers of America -- Rhode Island. Cost: $12. For...

Providence, R.I., Business Consultant Urges Firms to Reward Loyalty.
April 8, 2001... Apr. 8--Consider the Cheeseheads, those ardent fans of the Green Bay Packers professional football team. Even the adults paint their faces green and gold. Their cheers are unrelenting. They wear with pride ridiculous-looking, wedge-styled...

Providence, R.I., Hosts Business Expo.
April 8, 2001... Apr. 7--On Tuesday and Wednesday, national and regional experts will share advice on topics ranging from technology and investing to health insurance and marketing. Big-name journalists with their fingers on the pulse of the national...

Providence Journal, R.I., Business Notes Column.
April 8, 2001... Apr. 8--PRESERVATION OFFICERS: Edward F. "Ted" Sanderson of Providence, the executive director of the Rhode Island Historical Preservation & Heritage Commission and deputy State Historic Preservation Officer, has been elected president of the...

Providence Journal, R.I., People in Business Column.
April 8, 2001... Apr. 8--N.E. CONSTRUCTION: Leo J. Hudon, of Taunton, Mass., has been promoted to director of field operations and will continue to be safety director. He had been a project manager since 1993. ARKWRIGHT: Anthony Verducci has joined as vice...

Providence Journal, R.I., Cybertalk Column.
April 8, 2001... Byline: Timothy C. Barmann Apr. 7--Verizon will soon hit customers with a 41 percent increase for a monthly plan that covers the cost of repairing telephone wiring inside your house. Its TeleSure plan will increase to $3.45 a month,...

Rhode Island Consultants Brainstorm Ways to Combat Economy Slump.
April 8, 2001... Apr. 8--A pair of Rhode Island consultants led an East Providence company through a day-long brainstorming session, where employees learned about the issues management faces and managers discovered that those on the frontlines had plenty of...

Rhode Island Hospital Consultants Discuss Ways to Decrease Costs.
April 8, 2001... Apr. 8--A few years ago, hospitals were desperate to cut costs and began assigning some duties traditionally given to registered and licensed practical nurses to certified nursing assistants and other unlicensed caregivers. But in most...

Providence Journal, R.I., MoneyLine Column.
April 8, 2001... Byline: Neil Downing Apr. 8--WHAT TO CLAIM AS INCOME FOR TAX RELIEF PLAN: Have you filed your application yet to claim a rebate of up to $250 under Rhode Island's property tax relief program? Nearly 23,275 people applied as of March...

Providence Journal, R.I., Peter Phipps Column.
April 8, 2001... Byline: Peter Phipps Apr. 8--WE CAN ALL LEARN FROM WHITE: John Hazen White Sr. was a great man. I'll tell you how I know. When a great man dies, people feel they can talk about the embarrassments of his life. In time, White, who...

New England Bank Executive to Speak about Economic Forecasts for 2001.
April 9, 2001... Apr. 7--Early last November, Sovereign Bank New England surveyed business leaders in New England to gauge economic expectations for 2001. The conclusion was that most expected a slower year than 2000 regionally, but with less lag in...

Providence Journal, R.I., MoneyLine Column.
April 9, 2001... Byline: Neil Downing Apr. 9--ROTH TO REGULAR IRA COULD BE A BRILLIANT DEDUCTION: QUESTION: My wife opened a Roth IRA last year. Now she's thinking about changing to a regular IRA. Can we do that by April 15 this year and still get a...

Rhode Island Group Schedules Seminar about Smoke-Free Workplaces.
April 9, 2001... Apr. 7--Companies have come to realize that a non-smoking workplace means fewer sick days and higher productivity. How times have changed. In 1986, only 2 percent of all U.S. companies had formal policies limiting smoking in the workplace....

Rhode Island Women's Group to Honor Exceptional People.
April 9, 2001... Apr. 7--The YWCA of Greater Rhode Island singles out achievers across the spectrum of business, the arts and public service. Six Rhode Island women will be honored at Business Expo 2001 in the YWCA of Greater Rhode Island's "Outstanding...

Financial Experts to Discuss Investment for Women in Providence, R.I.
April 9, 2001... Apr. 7--Smart women finish . . with more money Because women generally make less than men and often are the sole support for their families, they need to work hard to ensure financial security. When it comes to financial security,...

Providence Journal, R.I., Business Briefs Column.
April 10, 2001... Apr. 10--SPRING BOOSTS GAS PRICES: In yet another sign that spring has sprung, the average price of a gallon of regular gasoline in Rhode Island yesterday was $1.519, up 4 cents from the week before, according to the State Energy Office. AAA...

Providence, R.I., Snares Its Share of Phone Service Centers.
April 10, 2001... Byline: Lisa Biank Fasig Apr. 10--When it comes to attracting customer service centers, the Providence area is easier on the wallet than New England's other major cities, and that alone could be enough to usher in a job-intensive, emerging...

Expert Calls Computer Hoaxes More Crippling than Viruses.
April 10, 2001... Byline: Timothy C. Barmann Apr. 10--VIRUS ALERT!!!!! If you receive an e-mail message with the subject, "It takes guts to say `Jesus'," whatever you do, DON'T READ THE MESSAGE! Just by viewing it, a virus will erase EVERYTHING on...

Providence Journal, R.I., MoneyLine Column.
April 10, 2001... Byline: Neil Downing Apr. 10--TRUE TO FORM, MORE ON THE HOMESTEAD LAW: In response to a flood of calls about Rhode Island's homestead estate exemption, today's MoneyLine covers two of the most commonly asked questions: Can we reprint a...

Providence Journal, R.I., Bay Shipping Column.
April 10, 2001... Apr. 10--ARRIVING TODAY: Mekhanic Craskov, 10:30 a.m., to Providence with petroleum products. Eternity, 10:30 a.m., to Providence with petroleum products. SAILING TODAY: None. ARRIVED YESTERDAY: None. SAILED YESTERDAY: Energy...

Providence Journal, R.I., Business Briefs Column.
April 11, 2001... Apr. 11--INFINITE GROUP LOSS NARROWS: Infinite Group, of Warwick, yesterday reported a net loss from continuing operations for the year that ended Dec. 31 of $2.1 million, or 72 cents a share, compared with a loss of $4.5 million, or $1.98 a...

Polish Lottery May Renew Contract with West Greenwich, R.I., Holding Firm.
April 11, 2001... Byline: Andrea L. Stape Apr. 11--The Polish state lottery appears to be reconsidering its February decision to renew a 10-year, $100-million contract with GTECH Holdings Corp. Poland's lottery agency, Totalizator Sportowy, said on...

Labor Secretary Visits High School in Warwick, R.I.
April 11, 2001... Byline: Lisa Biank Fasig Apr. 11--WARWICK, R.I.--If kids are going to learn about work, they might as well learn about taxes, and politics. Students of Warwick's Toll Gate High School got a lesson in each yesterday, when Labor...

Providence Journal, R.I., Business Briefs Column.
April 12, 2001... Apr. 12--PROVIDENCE TO AID HERITAGE HARBOR: Providence Mayor Vincent A. Cianci Jr. yesterday struggled to keep a secret. Cianci leaked out to a crowd during a luncheon speech at the Business Expo 2001 that the city is working on a loan to help...

Speakers at Rhode Island Business Expo Emphasize Good Punch Lines.
April 12, 2001... Byline: John Kostrzewa Apr. 12--Gray suits. Sales pitches. Networking. Business cards. Those are the basic, some say boring, elements that go into any successful Business Expo. But this year, there was also plenty of laughter. Sue...

CNBC Anchor Addresses Rhode Island Business Expo.
April 12, 2001... Byline: Kathleen Yanity Apr. 12--The hyper-speed flood of daily financial information, hog futures and hair were the highlights of CNBC anchor Sue Herera's appearance yesterday at Business Expo 2001. The co-host of the cable network's...

Bank Executive Predicts a Strong Rhode Island Economy, Next Year.
April 12, 2001... Byline: Lisa Biank Fasig Apr. 12--PROVIDENCE, R.I.--Before launching into his forecast yesterday of the local economy, bank executive Jay Sidhu wanted to tell a story about international businessmen, Oxford University students and London...

EMC Posts Less-Than-Expected Earnings, Sending Its Stock Even Lower.
April 12, 2001... Byline: Andrea L. Stape Apr. 12--For the first time in five years, EMC Corp. will report lower-than-expected quarterly earnings because of a slumping economy and slowing customer orders. The Hopkinton, Mass.-based data storage giant...

Rhode Island Formulates New Insurance Regulations.
April 12, 2001... Byline: Peter Elsworth Apr. 12--PROVIDENCE, R.I.--Governor Almond yesterday signed the Producer Licensing Act, which brings certain regulations governing insurance activities in Rhode Island in line with national standards. With the...

Providence Journal, R.I., Bay Shipping Column.
April 12, 2001... Apr. 12--ARRIVING TODAY: Phoenix Diamond, 6 a.m., to Davisville with automobiles. Hojin, 6 p.m., to Davisville with automobiles. Energy Enterprise, 12 p.m., to Brayton Point, from Newport News with coal. SAILING TODAY: Eternity, 3...

Providence Journal, R.I., Business Briefs Column.
April 13, 2001... Apr. 13--AMERICAN AIRLINES WORKERS PICKET: About a dozen American Airlines flight attendants walked picket lines yesterday at T.F. Green Airport to call attention to their union's contract dispute with the airline. The picketing was to take...

Rhode Island Liver Cell Research Firm Is Evolving After Founder's Death.
April 13, 2001... Byline: Andrea L. Stape Apr. 13--WARWICK, R.I.--Last Sept. 21, Dr. Hugo Jauregui died unexpectedly. Jauregui was chief executive officer of, and head visionary behind, MultiCell Associates Inc. The 6-year-old company was based on...

Connecticut Company to Acquire Firm That Sells Tools for Repairing Electronics.
April 13, 2001... Byline: Timothy C. Barmann Apr. 13--The Stanley Works said yesterday it will acquire a North Andover, Mass. company that sells tools for electronics repairs, broadening its industrial business offerings. The New Britain, Conn. company...

Johnston, R.I., Insurance Provider Records a Trifecta for Year.
April 14, 2001... Apr. 14--FM Global, of Johnston, scored a hat trick last year: it became a profitable company, increased the size of its business, and integrated into a single unit all of the companies under its umbrella. FM Global, which provides...

Providence Journal, R.I., MoneyLine Column.
April 14, 2001... Byline: Neil Downing Apr. 14--KEEPING TRACK OF CAPITAL GAINS CAN EASE BURDEN AT TAX TIME QUESTION: When you're talking about dividends on mutual funds and cost basis, doesn't that also apply to capital gains distributions? Adding that...

Amtrak to Add Third Train Between Boston, Providence, R.I.
April 14, 2001... Byline: Andrea Stape Apr. 14--Providence-to-Boston commuters apparently love a cheap ride. As a result, Amtrak announced it is adding a third Acela train out of Boston during the afternoon rush hour. The new 5:35 p.m. Acela...

Providence Journal, R.I., Speakers' Table.
April 15, 2001... Apr. 15--MONDAY: --Brown University--Stephen A Ogden Jr. Lecture will meet at 6:30 p.m. in the Richard and Edna Solomon Center for Teaching on the College Green. Speaker: former prime minister of Canada Kim Campell. Topic: Culture, trade...

Providence Journal, R.I., People in Business Column.
April 15, 2001... Apr. 15--WASHINGTON TRUST: Robert Salmonsen, of Groton Long Point, Conn., has been appointed vice president and investment officer and will serve as a portfolio manager at the main office. Russel W. Burgess, of Dover, Mass., has been...

Executive Works To Connect Rhode Island Colleges with Fiber-Optic Network.
April 15, 2001... Byline: Andrea L. Stape Apr. 15--NORTH KINGSTOWN, R.I.--To George Loftus, executive director of the Ocean State Higher Education, Economic Development & Administrative Network, thin fiber-optic cables and huge suspension bridges are...

Providence Journal, R.I., MoneyLine Column.
April 15, 2001... Byline: Neil Downing Apr. 15--LATE-FILERS MAY WANT TO GET WITH THE PROGRAM: Still haven't filed your income-tax returns? If you have access to a computer, and you can afford to shell out a few bucks, consider buying tax preparation...

Providence Journal, R.I., Cybertalk Column.
April 16, 2001... Byline: Timothy C. Barmann Apr. 16--WHEELING AND DEALING TO THE MAX: About the only thing worse than eating airline food is finding out the guy sitting next to you paid half as much for the same flight to the same place. Many of us...

Providence Journal, R.I., MoneyLine Column.
April 16, 2001... Byline: Neil Downing Apr. 16--IT'S A GOOD IDEA TO TRACE YOUR TAX RETURN, JUST IN CASE: QUESTION: If you filed your federal income tax return but haven't received your refund, what should you do? Or suppose you still haven't filed....

Providence Journal, R.I., Business Briefs Column.
April 17, 2001... Apr. 17--FLEET CHANGES: The chief executive of Fleet Capital, the Connecticut-based secured lending subsidiary of FleetBoston Financial, will retire June 29 and be succeeded by the president of the financial company's Northeast division. ...

Rhode Island Financial Firms Warn Clients of Shrinking Portfolios.
April 17, 2001... Byline: Lisa Biank Fasig Apr. 17--With the rapid reversal in the first quarter of the stock market's unprecedented previous climb, some area financial institutions are telling their clients, "you'd better sit down" before opening their...

High Futures Market Drives Up Rhode Island Gas Prices.
April 17, 2001... Byline: Bob Wyss Apr. 17--PROVIDENCE, R.I.--It's price shock time again at the gasoline pump. The average price of regular gasoline at self-service pumps in Rhode Island has increased 8 cents a gallon, according to two separate...

Providence Journal, R.I., MoneyLine Column.
April 17, 2001... Byline: Neil Downing Apr. 17--TONIGHT'S THE NIGHT FOR CLAIMING REBATE ON PROPERTY TAXES: Want a rebate of up to $250 from Rhode Island's property-tax relief program? This is your last chance to file. The deadline is midnight tonight. ...

Providence Journal, R.I., Bay Shipping Column.
April 17, 2001... Apr. 17--ARRIVING TODAY: No arrivals. SAILING TODAY: Energy Enterprise, 5 a.m., from Somerset, to Virginia in ballast. ARRIVED YESTERDAY: Kroon Borg, 6 a.m., to Providence, from Swedan with steel. Energy Enterprise, 3:30 p.m., to...

Providence Journal, R.I., Business Briefs Column.
April 18, 2001... Apr. 18--PAVING CONTRACTS: American Commerce Solutions said yesterday it has landed contracts totaling about $450,000 from three Rhode Island municipal authorities for patching and paving road surfaces. The contracts were awarded to the...

Providence Journal, R.I., Earnings Column.
April 18, 2001... Apr. 18--FIRST FINANCIAL CORP. said its net income rose 13.2 percent in the first quarter, which the company described as the strongest quarter in its history. The Providence-based firm is the parent of First Bank and Trust Company. ...

Protestors, Profits Do Not Stop FleetBoston Shareholders Meeting.
April 18, 2001... Byline: Lisa Biank Fasig Apr. 18--BOSTON--Angry protestors and declining profits could have marred the annual meeting of FleetBoston Financial Corp. yesterday, the last time Terrence Murray addressed shareholders as the company's chief...

Rhode Island Health Officials to Host Forum on State's Nursing Home Problems.
April 18, 2001... Byline: Lynn Arditi Apr. 18--PROVIDENCE, R.I.--State health officials, nursing home executives and long-term care advocates are scheduled to participate in a special forum at 10 a.m. tomorrow about the financial problems facing Rhode...

Providence Journal, R.I., Bay Shipping Column.
April 18, 2001... Byline: Jared O. Wadley Apr. 18--ARRIVING TODAY: No arrivals. SAILING TODAY: No departures. ARRIVED YESTERDAY: No arrivals. SAILED YESTERDAY: Energy Enterprise, 6 a.m., from Brayton Point, to Norfolk, Va. in...

Airline Resumes Service to Warwick, R.I., Airport.
April 19, 2001... Apr. 19--WARWICK, R.I.--After a 4 1/2-year absence, Midway Airlines returned to T.F. Green Airport yesterday with three daily flights to its hub at Raleigh-Durham International Airport, in North Carolina. From there, the relatively new...

Providence Journal, R.I., Business Briefs Column.
April 19, 2001... Apr. 19--KVH DEAL: KVH Industries Inc. yesterday raised $10 million to continue development of a satellite system for beaming digital cable television and the Internet into cars. The Middletown company sold about 1.5 million shares of stock,...

CVS Seeks to Balance Growth with Service.
April 19, 2001... Byline: Lisa Biank Fasig Apr. 19--Leo Gariepy, a shareholder and former warehouse manager of CVS Corp., has known the company's chief executive, Tom Ryan, since he was a pharmacist decades ago. Still, that isn't what keeps Gariepy invested...

Providence Journal, R.I., Earnings Column.
April 19, 2001... Byline: Zachary Block Apr. 19--NORTEK DROPS 50 CENTS A SHARE: Providence-based Nortek announced yesterday that it lost 22 cents a share in the first quarter, a drop of over 50 cents from profits of 35 cents a share last year. For the...

Texas Instruments Layoffs Mirror the Changing Face of Attleboro, R.I.
April 19, 2001... Byline: Lynn Arditi Apr. 19--ATTLEBORO, R.I.--The hundreds of employees at Texas Instruments whose jobs are being eliminated would do well to wind up like Charlie Cornell. The 60-year-old electrician from Plainville, Mass., quit his...