News from July 10, 2012

July 10, 2012

Exec at Schilling's company blames Rhode Island for failure

William Thomas told a Bankruptcy Court today that Rhode Island's refusal to approve $5 million in tax-credit advances was the straw that broke the financial back of Curt Schilling's 38 Studios.

July 10, 2012

Chief of troubled brokerage firm left suicide note

Employees of a brokerage firm that has been unable to account for $220 million in customer money found their boss in his car in a coma at company headquarters.

July 10, 2012

US job openings rose in May, good sign for hiring

There were 3.6 million jobs openings last month. That's the second-highest level in nearly four years.

July 10, 2012

Senate Dems want tax cuts for businesses that hire

Their proposal would lower taxes for companies that hire new workers, give raises or buy major new equipment, but it stands little chance of passing the Republican-controlled House.

July 10, 2012

Chevy offers money-back guarantee on new vehicles

Chevrolet says buyers can get refunds if they return their 2012 or 2013 vehicles for any reason. The guarantee lasts for up to 60 days from the date of purchase, and the offer ends Sept. 4.

July 10, 2012

Time Warner customers lose Portland TV station

As of 10:15 a.m., WMTW (Ch. 8) was still being blacked out on Time Warner cable in southern Maine, and neither the station nor the cable company could say exactly when the dispute might be resolved.

July 10, 2012

Amtrak's Downeaster sets another ridership record

Ridership grew 4 percent in the fiscal 2012, and ticket revenue grew by 4.5 percent.

July 10, 2012

Report: Some lose homes over as little as $400

Outdated state laws allow big banks and other investors to reap windfall profits by buying the houses for a pittance and reselling them, the report says.

July 10, 2012

Parents defend putting children to work on farms

Labor Department officials say that children performing farm work are four times more likely to be killed than those employed in all other industries combined.

July 10, 2012

Schilling's game company heads to bankruptcy court

Schilling has said the collapse of the company has probably cost him his entire baseball fortune.

July 10, 2012

Volvo closes in on 3 millionth mile

Irv Gordon Irvin Gordon's beloved 1966 car keeps on rolling, with just 34,000 miles to go for the next milestone.

July 10, 2012

Datebook



July 10, 2012

On the Move Several photos included in this story



July 10, 2012

Former Maine editor named CEO of N.H. newspaper

Richard Connor, who lives in Falmouth, served as editor and publisher of MaineToday Media.

July 10, 2012

New law gives U.S. companies break on pensions

Citing the slow economy, advocates for workers and retirees aren't discussing fears for the plans' future.

July 10, 2012

Briefcase



July 10, 2012

Keystone pipeline proposal seen as Montana gold mine

John Cornyn The state's senior senator is a staunch supporter; at home, development and labor officials hail the plan.

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