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BOSTON – Attorney General Martha Coakley’s office announced last week that it had joined 37 other states in a $90 million settlement with GlaxoSmithKline LLC. The lawsuit resolves allegations that the pharmaceutical company unlawfully promoted its diabetes drug, Avandia, by misrepresenting its cardiovascular risks and safety profile. According to a statement, the settlement will bring more than $2.1 million to the commonwealth.
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11/26/12
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While unlikely to ever make a dent in Rhode Island’s stubbornly high unemployment rate, there is a feel-good vibe being built by the growing number of custom-bicycle fabricators in Providence.
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11/26/12
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Profits for Astro-Med Inc. surged 63.5 percent to $1.3 million, or 18 cents per diluted share, during the third quarter of 2012, compared with $800,000, or 11 cents per diluted share, during the third quarter of 2011.
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By PBN Staff
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Local toy and game maker Hasbro Inc. has made progress on a variety of corporate social responsibility initiatives, including a reduction in greenhouse gas emissions and reduced water use, according to the company’s 2011 CSR report update.
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By PBN Staff
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The target date for completing Deepwater Wind’s proposed Block Island Wind Farm is slipping into 2015, CEO Jeff Grybowski said.
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By Rhonda Miller |
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Toy and game maker Hasbro Inc. landed the top spot on the 2012-2013 Climate Counts Climate Scores rankings in the toys and children’s products sector, Hasbro announced Wednesday.
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By PBN Staff
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Three wind turbines standing 365 feet tall at the
By Rhonda Miller |
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The NanoSteel Co., a non-structured steel materials designer, has tapped Craig Parsons as its new president of the automotive business, the company announced Wednesday.
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By PBN Staff
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Raytheon Co., a Massachusetts-based defense contractor with a Rhode Island production facility, has put almost 900 air-to-air missiles for U.S. and allied air forces in storage because they’re missing a major component – motors, Bloomberg News reported last week.
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12/31/12
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Paul Skoczylas grew up around kielbasa. By age 8, he was lending a hand at Central Falls Provision, his family’s Polish sausage shop, and through high school and college he was working there full time during the summers. Photos from the period show him in front of the oven, holding a rack of sausages, wearing a T-shirt with “kielbasa kid” stenciled across the chest.
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By Patrick Anderson |