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Updated: 9 min 30 sec ago

GTECH signs 10-year contract with Pan Malaysian Pools for new lottery system

Wed, 09/08/2010 - 16:10
GTECH Corp., the Providence-based subsidiary of Italy’s Lottomatica Group, signed a 10-year contract with Pan Malaysian Pools to provide a new central lottery system, terminals and ongoing services.

KVH Industries acquires ‘middleware’ maker Virtek Communications for $6.5M

Wed, 09/08/2010 - 15:34
KVH Industries acquired the software company Virtek Communications in a $6.5 million all-cash deal, KVH announced on Wednesday.

PBN announces 2010 R.I. Innovation Awards winners, to be honored Sept. 22

Wed, 09/08/2010 - 15:26
Providence Business News has named the honorees in the 2010 Rhode Island Innovation Awards program, enterprises that range from startups to global manufacturers.

Rhode Islanders claimed $22M in First-Time Homebuyer Credits

Wed, 09/08/2010 - 12:29
Rhode Islanders claimed $21,984,972 in federal homebuyer tax credits as of July 3 through the three versions of the program, according to data released by the U.S. Government Accountability Office on Sept. 2.

Gas prices fall in R.I. for 4th consecutive week; Mass. prices also decline

Tue, 09/07/2010 - 16:06
Gasoline prices in Rhode Island have fallen for the fourth week in a row and are 10 cents per gallon less than a month ago, AAA Southern New England reported Tuesday.

Coast Guard rejects a proposed Weaver’s Cove shipping route

Tue, 09/07/2010 - 15:28
The U.S. Coast Guard has dealt a blow to Weaver’s Cove Energy LLC by once again affirming that the proposed liquid natural gas shipping route through two Taunton River bridges to a land-based Fall River facility is unsuitable, the entity announced …

Consumer Reports: Amica among highest-rated in customer satisfaction

Tue, 09/07/2010 - 15:12
Amica Mutual Group earned 93 points in Consumer Reports’ October 2010 rating of auto insurers, placing among the Top Four companies in customer satisfaction.

U.S. youth employment falls to 48.9% in July, a historic low for the group

Tue, 09/07/2010 - 13:14
The proportion of U.S. youths employed this summer fell to a historic low of 48.9 percent in July, the lowest July rate on record, the U.S. Bureau of Labor Statistics said on Friday.

R.I. private sector loses jobs in 4Q 2009, in line with regional trend

Fri, 09/03/2010 - 17:33
Newly compiled statistics from the New England office of the U.S. Bureau of Labor Statistics indicate that Rhode Island was among a majority of New England states that saw employment decline during the fourth quarter of 2009, according to a Business …

Hurricane Earl still Cat. 1 storm but ‘loses its punch’; Red Cross opens shelters

Fri, 09/03/2010 - 15:40
Hurricane Earl is still a large storm but “losing its punch”, according to the National Hurricane Center’s 5:00 p.m. advisory. Nevertheless, there are still areas with hurricane and tropical storm warnings in effect. As seen on the map, …

Disaster recovery resources available for Rhode Island, Mass. businesses

Fri, 09/03/2010 - 15:27
Taken from the most recent update of Providence Business News’ Disaster Preparedness & Response Resources Top List.

R.I. ranks 25th nationally for student performance, Mass. earns No. 2 spot

Fri, 09/03/2010 - 14:36
Rhode Island student academic performance and education reform policies have plenty of room for improvement, according to a report released Wednesday by the American Legislative Exchange Council.

RBS to cut about 3,500 British jobs and close 10 offices

Fri, 09/03/2010 - 13:52
Royal Bank of Scotland Group Plc, Britain’s biggest government-controlled bank, will eliminate 3,500 U.K. jobs and close 10 offices to reduce costs.

U.S. companies added 67,000 jobs in August; jobless rose to 9.6 percent

Fri, 09/03/2010 - 13:31
Companies in the U.S. added more jobs than forecast in August, easing concern the economy was falling back into recession.

Hurricane Earl winds expected in R.I., Mass. at 3 p.m.

Fri, 09/03/2010 - 12:10
Hurricane Earl will likely pass 50 to 100 miles southeast of Nantucket around midnight Friday, probably as a weakened Category 2 hurricane, Gov. Donald L. Carcieri’s office said in a press release at 6 a.m. Friday, based on data from the National …

R.I. sees surplus in state budget based on preliminary figures

Thu, 09/02/2010 - 18:37
Despite recent economic woes, Rhode Island state budget reported a surplus of $17.7 million in its general fund, according to the preliminary fiscal year figures posted by Controller Marc Leonetti on Wednesday.

Providence is one of the worst cities for safe driving, says Allstate

Thu, 09/02/2010 - 16:45
Providence is one of the worst cities in U.S. in terms of safe drivers, ranking No. 188 out of 193 cities, according to a report by Allstate Corp. released Thursday.

Hurricane Earl threatens Mass. and R.I.; businesses should prepare

Thu, 09/02/2010 - 16:08
Several areas in Massachusetts have been placed on the hurricane warning list and parts of Rhode Island are under a tropical storm warning, according to the latest data issued by the National Hurricane Center.

Providence Piers owner expects to avoid scheduled foreclosure auction

Thu, 09/02/2010 - 14:44
The owner of Providence Piers on Allens Avenue said Wednesday he’s confident he can avoid a foreclosure auction scheduled for Sept. 22.

Energy efficiency could save R.I. National Grid customers $1.85 billion

Thu, 09/02/2010 - 14:15
Rhode Island National Grid electric customers could save $1.85 billion though energy efficiency steps taken during the next decade, according to a report commissioned by the R.I. Energy Efficiency and Resource Management Council.