News from July 6, 2012

July 6, 2012

Source: Yahoo, Facebook settle patent fight

Yahoo sued Facebook in March, saying the online social networking company infringed on its patents covering advertising, privacy controls and social networks.

July 6, 2012

Bethel company to make wood-pellet boilers

Maine Energy Systems’ expects to create 50 manufacturing jobs in Oxford County, as well as 50 new jobs related to installation and fuel delivery.

July 6, 2012

Hiring and unemployment figures show economy struggling

There were some good signs in the report: The average work week and hourly pay grew.

July 6, 2012

U.S. jobless aid applications drop to six-week low as hiring picks up



July 6, 2012

Stores report tepid June sales

 Luxury chains do better than basic merchants, and there are concerns about back-to-school spending.

July 6, 2012

Apple sued twice more in China

Both accuse the company of infringement, and come after Apple's settlement of a trademark dispute.

July 6, 2012

Bank failures fall as economy steadies

MagnetBank Lending increases as the banking industry benefits from lower interest rates and more repayments.

July 6, 2012

Amid skepticism, company to unveil electric vehicle

The MyCar, to be built in Mississippi, is a two-seater with a 115-mile range for use in neighborhoods.

July 6, 2012

Briefcase



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