Providence Journal (Providence, RI) articles from February 2001

Providence Journal (Providence, RI) archives from February 2001

Lincoln, R.I., Pen Maker Puts a Cap on Losses.
February 21, 2001... Byline: Bob Wyss Feb. 21--Maybe, just maybe, the worst is over at A.T. Cross. The Lincoln pen maker, one of the last Rhode Island home-grown manufacturers left of any size, yesterday reported net losses for both the fourth quarter and...

Social Security Lets Workers Off the Hook If Taxes Not Withheld.
February 21, 2001... Byline: Neil Downing Feb. 21--BOSTON--The Social Security Administration will not penalize workers whose employers do not withhold employment taxes from their paychecks, said William A. Halter, the acting commissioner of Social Security....

Amtrak Adds Two High-Speed Express Routes in Northeast.
February 26, 2001... Byline: Zachary Block Feb. 24--Over two months after its new high-speed Acela Express began prowling the Northeast Corridor, Amtrak is introducing two more of the snub-nosed trains. The new trains are scheduled to debut on March 5. One...

Providence Journal, R.I., Executive Suite Column.
February 26, 2001... Feb. 25--ROONEY, PLOTKIN & WILLEY: David Whare, CPA, of Portsmouth, has joined the firm as tax manager in the Newport office. He previously served as an officer in the Navy for 10 years. NORTH STAR MARKETING: Jill Barber of Dartmouth,...

Providence Journal, R.I., MoneyLine Column.
February 26, 2001... Byline: Neil Downing Feb. 25--IF YOU RENT, AND OWN, YOU CAN STILL GET RELIEF: QUESTION: On the property-tax relief form, they have a space for rental and tax relief. But we own a house that's on rented land, and we pay both. Is there any...

Providence Journal, R.I., Peter Phipps Column.
February 26, 2001... Byline: Peter Phipps Feb. 25--IMPROVEMENTS IN MANAGED HEALTH CARE ARE IN THE WAITING ROOM: There are things your doctor and dentist can't talk about -- at least not to other doctors and dentists. Under antitrust law, your doctor can't...

Providence Journal, R.I., Business Briefs Column.
February 27, 2001... Feb. 27--HEATING OIL PRICES: The average price of a gallon of heating oil has fallen to $1.459, the lowest price in nearly six months when it was $1.439 on Sept. 5, according to the State Energy Office. The price was down 2 cents a gallon from...

Providence Journal, R.I., Business Notes Column.
February 27, 2001... Feb. 24--DEFENSE RESEARCH INSTITUTE: Thomas W. Lyons of West Warwick has been appointed vice chairman of the business litigation committee. He is a partner of Strauss, Factor, Laing & Lyons of Providence and focuses his practice on litigation...

Woonsocket, R.I.-Based CVS Pharmacy Chain Starts Loyalty Card Program.
February 27, 2001... Byline: Timothy C. Barmann Feb. 24--CVS has launched a "loyalty card" program that gives customers discounts on certain purchases in exchange for allowing the drugstore chain to track what that customer buys. The Woonsocket-based...

Net Income Rises for Smithfield, R.I., Workplace Safety Equipment Manufacturer.
February 27, 2001... Byline: Kathleen Yanity Feb. 27--Though it has yet to find a buyer, Bacou USA, the Smithfield-based manufacturer of workplace safety equipment and apparel, continues to show strong sales and income growth. The publicly traded company...

FleetBoston Seeks to Expand Market Share in New York City.
February 27, 2001... Byline: Lisa Biank Fasig Feb. 27--Shareholders of Summit Bancorp approved its acquisition by FleetBoston Financial Corp. yesterday, giving the New England leviathan a major foothold in New Jersey. But as FleetBoston all but sews shut...

Providence Journal, R.I., MoneyLine Column.
February 27, 2001... Byline: Neil Downing Feb. 24--While the nation debates the future of the Social Security program, there are major changes now in place -- and more to come -- that affect millions of beneficiaries. How do these changes affect you?...

Providence Journal, R.I., Bay Shipping Column.
February 27, 2001... Feb. 27--ARRIVING TODAY: Federal Asahi, 6 a.m., to Providence, from New Haven discharging steel. Nordamerika, late p.m., to Providence, from Canada with petroleum products. SAILING TODAY Federal Asahi, 5 p.m., from Providence, to...

Rhode Island May Create Clinic for Prospective High-Tech Workers.
February 27, 2001... Byline: Andrea L. Stape Feb. 24--In order to fill Rhode Island's labor pipeline with high-tech workers, the state wants to create a walk-in technology clinic. With Ocean State technology companies facing an overwhelming shortage of...

Temporary Workers Find Jobs Fleeting as Economy Slows in Rhode Island.
February 27, 2001... Byline: Lynn Arditi Feb. 27--PROVIDENCE, R.I.--Steuart Seeley is perfecting the art of a hard sell in a soft economy. Gripping the steering wheel of his company's Dodge van one cold winter morning, the vice president of operations at...

Texas Instruments May Eliminate 700 Jobs in Massachusetts Plants.
February 27, 2001... Byline: Andrea L. Stape Feb. 27--Texas Instruments Inc. lowered expectations for first-quarter sales yesterday and unveiled a cost-reduction plan that could cut up to 700 local jobs. Blaming slowing demand for cellular telephones,...

Texas Instruments May Eliminate 700 Jobs in New England.
February 27, 2001... Byline: Andrea L. Stape Feb. 27--Texas Instruments Inc. lowered expectations for first-quarter sales yesterday and unveiled a cost-reduction plan that could cut up to 700 local jobs. Blaming slowing demand for cellular telephones,...

Blind Customers Bank On Talking ATMs from Boston-Based Bank.
February 28, 2001... Byline: Lisa Biank Fasig Feb. 28--Out of sight, out of mind, the adage goes. But for the millions of people who can't see, lack of sight should not mean lack of attention, especially when it comes to getting money. So FleetBoston...

Providence Journal, R.I., Business Briefs Column.
February 28, 2001... Feb. 28--PROFITABLE YEAR: Cookson Group Plc, the London-based maker of circuit-board components, said its full-year profit more than doubled on sales at its electronics unit. Net income rose to $109 million. Sales rose 35 percent. Cookson runs...

Federal Reserve Chairman Recognizes Consumer Trust as Essential.
February 28, 2001... Byline: Lynn Arditi Feb. 28--Ah, if only we knew what Alan Greenspan was thinking. The chairman of the Federal Reserve, who will speak to Congress today, can move markets with the most elliptical of utterances about the economy....

Rhode Island Jobless Rate Remains Steady for January.
February 28, 2001... Feb. 28--Rhode Island's seasonally adjusted unemployment rate in January remained basically unchanged at 3.7 percent, below the national unemployment rate of 4.2 percent but above the Massachusetts rate of 2.4 percent. Though Rhode Island's...

Providence Journal, R.I., Bay Shipping Column.
February 28, 2001... Feb. 28--ARRIVING TODAY Nordamerika, 3 p.m., to East Providence, from Canada with fuel oil. Energy Enterprise, 11:30 a.m., to Brayton Point, from Norfolk VA with coal. Atlixco, 7 p.m., to Davisville with automobiles. SAILING...