News from August 6, 2012

August 6, 2012

Best Buy founder offers to buy company, take it private

Best Buy Co. said it would consider the offer but called it "highly conditional." And analysts are skeptical that former Chairman Richard Schulze's opening offer of $24 to $26 per share would get a deal done.

August 6, 2012

Maine warily monitors lobster protests

 State officials don’t want the plant closing in Canada to spread to other processors and leave Maine with a backlog of product.

August 7, 2012

Six protesters arrested at wind project in Vermont

The demonstrators believe the 21-turbine project is destroying a pristine ridgeline and has little environmental benefit.

August 6, 2012

Founder offers to buy Best Buy, take it private

Richard Schulze says he wants to pay between $24 and $26 per share for Best Buy, in the latest twist to the Minneapolis company's struggles to stay relevant as more and more people buy electronics online.

August 6, 2012

Maine gas price spikes nearly 8 cents per gallon

At $3.69 per gallon, the average cost in Maine is well above the national average.

August 6, 2012

Airline filing sale-gone-awry refunds

Southwest says it is also paying overdraft fees for people whose cards were charged repeatedly.

August 5, 2012

Sinking city looks for economic lift from its falls

 Its industries dying, Niagara Falls, N.Y., hopes its featured attraction will be an engine for growth.

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