Providence Journal (Providence, RI) articles from June 2001

Providence Journal (Providence, RI) archives from June 2001

Providence Journal, R.I., Business Briefs Column.
June 1, 2001... Jun. 1--JOB GROWTH PREDICTED TO STAY STATIC THIS YEAR: Job growth in Rhode Island is expected to continue at a rate of about 0.6 percent this year, picking up to about 1 percent in 2002 and 2003, according to Frederick J. Kelly, dean of the...

Providence Journal, R.I., MoneyLine Column.
June 1, 2001... Byline: Neil Downing Jun. 1--In 1997, Congress created a feature in federal tax law that gave special recognition to the importance of children and families. Known as the "child tax credit," it essentially said this: For every child you...

More Supermarket Shoppers Are Scanning Their Own Items in Rhode Island.
June 1, 2001... Byline: Lisa Biank Fasig Jun. 1--Consumers have learned to pump their own gas without an attendant and get their own cash without a bank teller, so the next logical step might be scanning their own groceries without a cashier. Enter...

Providence Journal, R.I., Business Briefs Column.
June 2, 2001... Jun. 2--JOURNAL REGISTER SHARES SOLD: Journal Register Co., of Trenton, N.J., said Warburg Pincus & Co., its largest shareholder, cut its stake in the newspaper publisher to 40 percent after distributing 2.5 million of the company's shares to...

Providence Journal, R.I., MoneyLine Column.
June 2, 2001... Byline: Neil Downing Jun. 2--If you're 50 or older, and looking to save for a long-term goal such as retirement, take a closer look at Roth IRAs. Under the new tax bill recently approved by Congress, you'll be able to stash away a tidy sum...

Providence Journal, R.I., Speakers' Table.
June 3, 2001... Jun. 3--TUESDAY: The Institute of Real Estate Management, Greater Rhode Island Chapter will hold its monthly meeting and annual Texas barbeque June 12 at 6:30 p.m. at the Twelve Acres Restaurant, 44 Douglas Pike, Smithfield. Cost: $35....

Providence Journal, R.I., Business Notes Column.
June 3, 2001... Jun. 3--RESTAURANT EXECUTIVES: Dale J. Venturini, of Cranston, CEO of the Rhode Island Hospitality and Tourism Association, has been elected president of the International Society of Restaurant Association Executives. INDEPENDENT...

Providence Journal, R.I., Executive Suite Column.
June 3, 2001... Jun. 3--PARKINSON TECHNOLOGIES: William Abbott, of Warwick, has been appointed operations manager. He will be responsible for overseeing manufacturing, assembly and purchasing. He had previously worked at Kilmartin Industries. VECTOR...

Providence Journal, R.I., MoneyLine Column.
June 3, 2001... Byline: Neil Downing Jun. 3--Saving is the easy part of retirement plans Millions of American workers save for retirement through 401(k) plans at work. These plans feature tax breaks that encourage you to save. They typically let you...

Providence Journal, R.I., Peter Phipps Column.
June 3, 2001... Byline: Peter Phipps Jun. 3--NO EASY WAY TO BAIL OUT PROVIDENCE: You don't want to be the next mayor of Providence. It won't be any fun. Your predecessors have been playing a game of hot potato with the city's pension fund for...

Central Falls, R.I., Textile Mill Prepares to Close.
June 3, 2001... Byline: Lynn Arditi Jun. 3--CENTRAL FALLS, R.I.--Back when noise and light filled the sprawling brick buildings on Roosevelt Avenue, it was hard to believe Elizabeth Webbing Mills would ever die. Machines roared, floorboards trembled...

Uniform Maker Announces Plans to build in Woonsocket, R.I.
June 3, 2001... Byline: Lisa Biank Fasig Jun. 3--Cintas Corp., a Cincinnati-based employee uniform maker known for its strong corporate culture and fast growth, plans to open a processing center at the Highland Corporate Park, in Woonsocket, employing as...

Providence Journal, R.I., MoneyLine Column.
June 4, 2001... Byline: Neil Downing Jun. 4--RETIREES MAY ALSO RECEIVE FEDERAL INCOME-TAX REBATES: If you're retired, will you be eligible for a federal income-tax rebate this year? How much will you receive? And when will you get it? I'm a senior...

FleetBoston Bank To Buy Boston-Based Asset Management Business.
June 5, 2001... Byline: Lisa Biank Fasig Jun. 5--FleetBoston Financial has agreed to buy the asset-management business of neighbor Liberty Financial Cos., a $1.1-billion deal that adds $51 billion to Fleet's asset base and shows that the bank giant is...

FleetBoston Pays Price for Customer Relations.
June 5, 2001... Byline: Lisa Biank Fasig Jun. 5--Banking colossus FleetBoston Financial Corp. has been trying to show its sensitive side lately, proclaiming repeatedly in the past month that it is dedicated to winning over its frustrated customers. ...

Nation's Gasoline Prices Are All Over the Map.
June 5, 2001... Byline: Bob Wyss Jun. 5--A service station in San Antonio, Texas, yesterday was reported selling gasoline for $1.27 a gallon. That's quite a bit better than the $1.789 and $1.78 a gallon which was the average price yesterday in Rhode...

Providence Journal, R.I., MoneyLine Column.
June 5, 2001... Byline: Neil Downing Jun. 5--QUESTION: The new tax bill recently approved by Congress will let people with retirement savings plans -- including government workers -- move money more freely from one type of plan to another, and to IRAs....

Providence Journal, R.I., Business Briefs Column.
June 6, 2001... Jun. 6--TEXTRON UNIT ACQUIRES SUNTRUST CREDIT: Textron Financial Corp. yesterday announced it has acquired the commercial financial business of SunTrust Credit of Little Rock, Ark. which has 110 employees and $400 million in receivables in a...

Garfield Cartoon Creator to Develop Strip Based on Hasbro's Potato Head Toy.
June 6, 2001... Byline: Lisa Biank Fasig Jun. 6--Hasbro has entered into an agreement with the creator of the cartoon cat Garfield to develop a strip based on the toymaker's Mr. Potato Head toy. The deal is a light approach by Hasbro to address a...

Providence Journal, R.I., MoneyLine Column.
June 6, 2001... Byline: Neil Downing Jun. 6--QUESTION: Of all the stuff I've written concerning the new tax bill recently approved by Congress, guess which issue is the most popular -- by far -- among MoneyLine readers? Consider this: more than half of...

Providence, R.I.-Area Power Operator Asks Cut in Increase.
June 6, 2001... Byline: Bob Wyss Jun. 6--New England power officials are trying to resolve a six-month-old controversy that has driven up some electricity rates while raising questions about whether the region will have enough generation capacity in the...

Bankers Group Continues Fight to Include Real Estate Brokerage for Banks.
June 7, 2001... Byline: Lisa Biank Fasig Jun. 7--If industry lobbyists get their way, every bank from FleetBoston Financial to Bank Rhode Island could be selling cape cods and raised ranches, even though local banks say real estate doesn't even rate their...

Providence Journal, R.I., Business Briefs Column.
June 7, 2001... Jun. 7--NORTEK OFFERING NOTES: Providence-based Nortek said yesterday it plans to offer to institutional investors about $225 million of senior subordinated notes due 2011. About $215 million of the proceeds would be used to redeem outstanding...

Middletown, R.I.-Area Entrepreneur Uses Naval Technology to Detect Cancer.
June 7, 2001... Byline: Andrea L. Stape Jun. 7--MIDDLETOWN, R.I.--Michael Duarte, entrepreneur and naval researcher, dedicated five years to trying to find a link between underwater mines and breast cancer. He succeeded. The software he developed for...

Providence Journal, R.I., New Businesses Column.
June 7, 2001... Jun. 7--There were 2,557 companies that filed incorporation papers with the Rhode Island secretary of state's office as of June 1. KEY: Director (D), Incorporator (I), President (P), Agent (A), General Partnership (GP), Limited Partnership...

Phoenix-Based Semiconductor Company Cuts Salaries, Jobs.
June 7, 2001... Byline: Lynn Arditi Jun. 7--ON Semiconductor Corp. said yesterday it is laying off about 900 of its roughly 13,000 employees worldwide, temporarily shutting down two plants and slashing salaries as it braces for a deepening decline in the...

Providence Journal, R.I., Business Briefs Column.
June 8, 2001... Jun. 8--RETAIL SALES SLUMP: U.S. retailers' May sales at stores open at least a year rose a lower-than-expected 1.6 percent as shoppers spent less on clothing and sought bargains at discounters such as Wal-Mart Stores to weather a slowing...

Providence R.I.-Area Electronic Parts Maker Files for Bankruptcy Protection.
June 8, 2001... Byline: Lisa Biank Fasig Jun. 8--Aerovox Inc., the manufacturer that fell into financial distress following environmental cleanup demands and a fading economy, has filed for Chapter 11 bankruptcy protection and could sell the business. ...

EMC Corp. Pulls Plug on Office Complex.
June 8, 2001... Byline: Andrea L. Stape Jun. 8--BELLINGHAM, Mass.--EMC Corp. is halting development of a 1-million-square-foot office complex in town, a decision that could affect Rhode Island's economy. The Hopkinton, Mass.-based data storage company...

Aerospace, Auto Firm to Buy Rhode Island Computer Services Provider.
June 8, 2001... Byline: Bob Wyss Jun. 8--Aerospace and automotive giant TRW says it is paying $5.3 million to buy Network Six, a 25-year-old Rhode Island company that provides computer services primarily to state human-service agencies. TRW is...

Providence Journal, R.I., MoneyLine Column.
June 8, 2001... Byline: Neil Downing Jun. 8--Hallelujah! President Bush yesterday signed into law the big new tax bill recently approved by Congress. This clears the way for the U.S. Treasury to mail billions of dollars in federal income tax rebates...

Banks Want to Sell Real Estate.
June 9, 2001... Byline: Lisa Biank Fasig Jun. 9--If industry lobbyists get their way, every bank from FleetBoston Financial to Bank Rhode Island could be selling cape cods and raised ranches, even though local banks say real estate doesn't even rate their...

Providence Journal, R.I., Business Briefs Column.
June 9, 2001... Jun. 9--FLEET TO SELL NEW YORK BRANCHES: FleetBoston Financial has agreed to sell 36 Upstate New York branches to Community Bank System Inc., an 85-branch financial services company based in DeWitt, N.Y. The branches, in the southwestern and...

Providence Journal, R.I., New Businesses Column.
June 9, 2001... Jun. 9--There were 2,557 companies that filed incorporation papers with the Rhode Island secretary of state's office as of June 1. KEY: Director (D), Incorporator (I), President (P), Agent (A), General Partnership (GP), Limited Partnership...

Providence Journal, R.I., Speakers' Table.
June 10, 2001... Jun. 10--TUESDAY: The Attleboro Chapter of Business Network Int'l (BNI) meets weekly from 7 to 8:30 a.m. at Canterbury Woods, 100 Garfield Ave. Speaker: Attorney George Spatcher. For information, call (888) 314-4264. The Newport Chapter of...

Providence Journal, R.I., Business Notes Column.
June 10, 2001... Jun. 10--R.I. TECHNOLOGY COUNCIL: Richard A. Licht of Tillinghast Licht Perkins Smith & Cohen, LLP, and Richard Nadolink, chief technology officer and director for science and technology at the Naval Undersea Warfare Center, have been elected...

Providence Journal, R.I., People in Business Column.
June 10, 2001... Jun. 10--FLEETBOSTON FINANCIAL: Gail C. Graham has joined Fleet as vice president and managing director of the New England Market Group. Rhode Island and Massachusetts are among the states she will be responsible for in wealth mangement...

Providence Journal, R.I., MoneyLine Column.
June 10, 2001... Byline: Neil Downing Jun. 10--IRS DEBT WILL COST YOU PART OF REBATE, OR ALL: I saw the article about the (federal income-tax) rebates -- they'll come in the mail, no direct deposit. I guess it has to be fair to assume that if you owe IRS...

Providence Journal, R.I., Business Briefs Column.
June 12, 2001... Jun. 12--CURRENT CONDITIONS STABLE: The Rhode Island economy apparently is not getting much better -- or much worse. The Current Conditions Index released yesterday by Leonard Lardaro, a professor at the University of Rhode Island, showed the...

Union Carpenters Picket Bridge, Road Companies in Rhode Island.
June 12, 2001... Jun. 12--WARWICK, R.I. -- A week-old strike by union carpenters generated picket lines for the first time yesterday at three major bridge and road building companies in Warwick and Pawtucket. Wages, benefits and working conditions are at...

Innovative Companies Get Design Center Loans in Rhode Island.
June 12, 2001... Byline: Andrea L. Stape Jun. 12--What do a foam chair and a jaw-clenching alarm have in common? The Slater Center for Design Innovation. Today, the center will award 10 companies a total of $690,000 in business loans. The Design...

Two Rhode Island Firms Join Preliminary Index List.
June 12, 2001... Byline: Lisa Biank Fasig Jun. 12--A preliminary list of additions and deletions to the Russell 3000 index reflects what was a tough year for the Internet industry and initial public offerings, but not for companies that have local impact....

Providence Journal, R.I., MoneyLine Column.
June 12, 2001... Byline: Neil Downing Jun. 12--QUESTION: I filed my income tax return for the year 2000. After figuring it out, I neither had a (refund) nor did I owe any money, so I didn't bother filing any return, basically because I didn't have any...

Providence Journal, R.I., Business Briefs Column.
June 13, 2001... Jun. 13--GE POLYMERSHAPES OPENS CENTER IN WARWICK: GE Polymershapes has opened a New England distribution center for plastic sheet, rod, tube and film at 240 Bald Hill Rd., Warwick. The 34,000-square-foot building is one of seven regional...

Rhode Island Manufacturing Plant to Become Headquarters for Drug Firm.
June 13, 2001... Byline: Andrea L. Stape Jun. 13--WEST GREENWICH, R.I.--Say goodbye to Wyeth Pharmaceutical. Say hello to Immunex Corp. Next year, Wyeth's 200,000-square-foot manufacturing plant off Route 95 in West Greenwich will become the world...

Providence, R.I., Hospital Suffers New Financial Setbacks.
June 13, 2001... Byline: Bob Wyss Jun. 13--PROVIDENCE, R.I.--Roger Williams Medical Center, which had appeared to be on a financial comeback after problems drove it toward a merger with a big for-profit chain, is having money troubles again. Roger...

Providence Journal, R.I., Business Notes Column.
June 14, 2001... Jun. 14--FUNDING WIN: Watch Hill Partners, a high-tech consulting company in Providence, just nailed down $3 million in funding from Boston-based Ascent Venture Partners. Brad Waugh, former executive vice president at Covansys Inc., and Seth...

EMC Corp. Chief Says Growth Is in Store.
June 14, 2001... Byline: Andrea L. Stape Jun. 14--Mike Ruettgers, EMC Corp.'s executive chairman, said yesterday that the data storage giant is in the midst of a crisis, but he remains confident the company can stay on top of the heap. Ruettgers, a...

Providence Journal, R.I., MoneyLine Column.
June 14, 2001... Byline: Neil Downing Jun. 14--QUESTION: I'm an accountant, and I was reading your article . . .about the Roth IRAs, and there's a mistake in there. It says here you still have to have earned income to be eligible to contribute. That's not...

Former Internet Businessmen in Rhode Island Take a Chance on Electric Moped.
June 14, 2001... Byline: Andrea L. Stape Jun. 14--EAST GREENWICH, R.I.--The electric moped didn't seem like a good business idea to the three Rhode Island entrepreneurs. Then their Internet business failed. With bills to pay, children to feed and no...

Providence Journal, R.I., New Businesses Column.
June 14, 2001... Jun. 14--There were 2,676 companies that filed incorporation papers with the Rhode Island secretary of state's office as of June 8. KEY: Director (D), Incorporator (I), President (P), Agent (A), General Partnership (GP), Limited Partnership...

Providence, R.I.-Area Bank Machine Fees Are Higher Than You May Think.
June 15, 2001... Byline: Lisa Biank Fasig Jun. 15--So you're on the road and short on cash -- thank heaven for ATMs. But did you know that the service fee you agreed to pay up front is not the only one you will incur? For most consumers, using another...

A Change in State Law Will Allow Rhode Island Bank to Expand.
June 15, 2001... Byline: Lisa Biank Fasig Jun. 15--When Jack Ellis, the chief executive of Bank of Newport, decided he wanted to grow his bank in new ways, he had just three options: become federally chartered, move the charter to Massachusetts or change...

Providence Journal, R.I., Business Briefs Column.
June 15, 2001... Jun. 15--EMC TO STORE DOWN UNDER: EMC Corp. and Telestra Corp., Australia's largest phone company, unveiled plans yesterday to open a data storage rental center in Sydney this summer. The facility will be a joint investment and customers will...

Rhode Island Firms Seek Welders, Mechanics, Other Workers at Job Fair.
June 15, 2001... Byline: Lynn Arditi Jun. 15--They're looking for welders, pipefitters, mechanics and marine electricians. They want workers who know ships the way auto mechanics know cars. They also want folks who don't know a steamboat from a submarine....

Rhode Island Jobless Rate Rises Slightly Above Nation's.
June 15, 2001... Jun. 15--Rhode Island's unemployment rate ticked up to 4.5 percent last month, pushing it slightly above the nationwide rate of 4.4 percent. The increase, although slight, marks the third consecutive rise in Rhode Island's unemployment...

Providence Journal, R.I., Business Briefs Column.
June 16, 2001... Jun. 16--Jobless rate rises: The Massachusetts unemployment rate in May rose to 3.5 percent from 3.2 percent in April. The Rhode Island rate was 4.5 percent in May while the U.S. jobless rate was 4.4 percent. STOP & SHOP TO CLOSE:...

Investors Flee from CVS Stock.
June 16, 2001... Byline: Lisa Biank Fasig Jun. 16--Shares in CVS Corp. dropped 14.6 percent yesterday on extremely high volume after an analyst's report that downgraded the drugstore chain and cited concerns about its slowing pharmacy sales. In his...

Warwick, R.I., Airport Does Well on Access to Low-Fare Flights.
June 16, 2001... Byline: Raghuram Vadarevu Jun. 16--Passengers flying from T.F. Green Airport, in Warwick, had access to low-fare flights 68 percent of the time, and received a 5 percent discount, compared with other markets its size, according to a...

Providence Journal, R.I., Speakers' Table.
June 17, 2001... Jun. 17--TUESDAY: Rotary Club of Providence will hold a luncheon meeting at 12:15 at the Providence Marriott Hotel. Speaker: Friedrich St. Florian, architect for the World War II Memorial in Washington, D.C. and for Providence Place. Cost: $12....

Providence Journal, R.I., Executive Suite Column.
June 17, 2001... Jun. 17--EVOCARE/AMERICAN HOME: Marian Marcoccio of Cranston has been named director of marketing and sales for EvoCare/American Home Patient. She has been with the company for seven years and is certified in infusion therapy. ALLIED...

Providence Journal, R.I., Peter Phipps Column.
June 17, 2001... Byline: Peter Phipps Jun. 17--THE ART OF THE DEAL: MIXING DRAMA, TIMING AND FINANCES: MERGER, a play in five acts. TIME: The fall of 1999. PLACE: A faculty lounge. DRAMATIS PERSONAE: Spencer Golub, future chairman of the Brown...

Providence Journal, R.I., Business Briefs Column.
June 18, 2001... Byline: John Kostrzewa Jun. 18--BUSH MAY BE HOLDING SOMETHING IN RESERVE: Edward W. Kelley Jr.'s resignation from the Federal Reserve Board caught the attention of former Governor Sundlun, who said a Washington insider told him it may...

Providence Journal, R.I., Business Briefs Column.
June 19, 2001... Jun. 19--EDC CITES GAINS: The Rhode Island Economic Development Corporation's business development activities generated $5.42 for every dollar of state funding it received last year, according to a new RIEDC survey. RIEDC worked with 307...

New England Study Shows Electrical Supply Meets Demand.
June 19, 2001... Byline: Bob Wyss Jun. 19--Electricity prices have soared on hot summer days, prompting accusations that privately owned companies are manipulating the new power market by shutting down key units just when the generation is most needed. ...

Taxes Are Keeping Gas Prices High in Rhode Island.
June 19, 2001... Byline: Bob Wyss Jun. 19--It's 156 miles and a three-hour drive from Providence to Portland, Maine but one of the rewards at the conclusion is that many service stations have been selling regular gasoline for less than $1.50 a gallon. ...

South Kingstown, R.I., Power Firm To Open Facility in Brazil.
June 19, 2001... Byline: Andrea L. Stape Jun. 19--As Brazil struggles with an energy crisis, South Kingstown's American Power Conversion Corp. is jumping to the rescue. This fall, APC will open a 150,699-square-foot manufacturing facility in Sao...

Providence Journal, R.I., Bay Shipping Column.
June 19, 2001... Jun. 19--ARRIVING TODAY: --Overseas New Orleans, 4 a.m., to Providence with petroleum products. --Energy Enterprise, 7:30 p.m., to Brayton Point, from Virginia with coal. SAILING TODAY: --Olympic Melody, p.m., to sea. ...

Rhode Island Art School Store Launches Retail Shop.
June 20, 2001... Byline: LeAnne Gendreau Jun. 20--PROVIDENCE, R.I.--Inside the Merchants Bank building, masked by mysterious white drapes and RISD works logos, the Rhode Island School of Design is trying something unique. The school, long known for its...

Asphalt Plant Tries to Move Out of Johnston, R.I.
June 20, 2001... Byline: Mark Alcalde Jun. 20--JOHNSTON, R.I. -- The town is near the end of a six-year duel with Granite Asphalt over the company's now-closed plant on Irons Avenue. "It's time for them to show us what their plans are," lawyer Patrick...

Providence Journal, R.I., Business Briefs Column.
June 20, 2001... Jun. 20--GENERAL DYNAMICS CUTS PITTSFIELD JOBS: General Dynamics Defense Systems is cutting 95 managerial and professional jobs at its Pittsfield, Mass. plant. The defense contractor that owns Electric Boat in North Kingstown said it was...

Rhode Island Legislators to Discuss Economic Feasibility of Cargo Port.
June 20, 2001... Byline: Edward Fitzpatrick Jun. 20--PROVIDENCE, R.I.--State legislators representing North Kingstown say the $1.5 million budgeted for a cargo-container port study should be used to gauge whether such a project makes sense economically. ...

Rhode Island Examines Status, Success of Electricity Deregulation.
June 20, 2001... Byline: Bob Wyss Jun. 20--PROVIDENCE, R.I.--Matthew Brown was in Rhode Island last week, Kentucky the week before and Montana before that. And he has spent a lot of time in California. Brown is in demand for one reason: States are fed...

New Home Depot Store to Open in North Kingstown, R.I.
June 20, 2001... Byline: Joseph R. LaPlante Jun. 20--NORTH KINGSTOWN, R.I.--The state's second Home Depot opens for business tomorrow at 6 a.m. at 1255 Ten Rod Rd., just 12 hours after an official "board-cutting" at its entrance by the store manager and...

Rhode Island Software Company Says It Plans to Go Beyond the Lottery Business.
June 20, 2001... Byline: Andrea L. Stape Jun. 20--GTECH Holding Corp.'s sales and earnings slumped during its first quarter which ended May 26, but company executives said yesterday they plan to spend the summer ironing out a new strategic direction for...

Rhode Island Transportation Agency Explores New Uses for Old Rail Line.
June 20, 2001... Byline: Scott Mayerowitz Jun. 20--PORTSMOUTH, R.I. -- The state Department of Transportation is trying to figure out what to do with a 16.3-mile railroad right-of-way that runs from the Newport Gateway Center to the Massachusetts state...

Providence Journal, R.I., Bay Shipping Column.
June 20, 2001... Jun. 20--ARRIVING TODAY: Helga, 5 p.m., to Providence with LPG. SAILING TODAY: Bardu, 12 p.m., from Providence, to sea in ballast. Energy Enterprise, 8 a.m., from Brayton Point, to Virginia in ballast. Overseas New Orleans, 2 a.m.,...

Rhode Island Biotech Center Awards Funds To Eight Firms.
June 21, 2001... Byline: Andrea L. Stape Jun. 21--Rhode Island's biomedical technology community takes center stage today, as the Slater Center for Biomedical Technology awards eight Rhode Island startups $741,036 in funding. This is the largest and...

Providence Journal, R.I., MoneyLine Column.
June 21, 2001... Byline: Neil Downing Jun. 21--Like archaeologists, members of the General Assembly have been sifting through the relics of Rhode Island tax history, trying to find treasures they could use to help cover shortfalls in revenue caused by the...

Rhode Island Software, Engineering Firm Works to Stay Above Water.
June 21, 2001... Byline: Andrea L. Stape Jun. 21--SOUTH KINGSTOWN, R.I.--Snapping 7,000 digital images of the shipwrecked Titanic's deck, 13,000 feet underwater, tied up Paul Matthias, founder and president of Polaris Imaging, for a month. And creating...

Boston Firm Says Number of Wealthy Customers at Traditional Banks Has Declined.
June 22, 2001... Byline: Lisa Biank Fasig Jun. 22--Despite efforts by traditional depository banks to appeal to their wealthiest customers through an array of high-class investment services, more and more of the rich are snubbing them in favor of...

Providence Journal, R.I., Business Briefs Column.
June 22, 2001... Jun. 22--SONITROL ACQUIRES FRANCHISES: Sonitrol Corp., a subsidiary of Tyco International, yesterday reported that it acquired 17 Sonitrol franchises, which provide electronic security services, from Protective One. It said that three of those...

Despite Problems, Firm Plans to Wire Rhode Island with Fiber-Optic Cable.
June 22, 2001... Byline: Andrea L. Stape Jun. 22--Times may be tough for Level 3 Communications, but the company's financial problems haven't interfered with its plans to wire Rhode Island with high-speed fiber-optic cable. On Monday, Level 3, a...

Rhode Island Gets Funding to Help Former Workers Find Jobs.
June 22, 2001... Byline: Lisa Biank Fasig Jun. 22--The U.S. Department of Labor is awarding Rhode Island $1.8 million to help re-employ about 850 people laid off from five companies as a result of foreign trade. The award to the state's Department of...