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News from June 19, 2013

June 19, 2013

Men's Wearhouse ousts founder, pitchman George Zimmer

Zimmer built the specialty clothing company from one small Texas store into a multi-billion-dollar empire, but was fired over an apparent boardroom disagreement.

June 19, 2013

Optimistic Federal Reserve could start scaling back bond purchases

In its latest economic projections, the central bank predicted that unemployment will fall a little faster, from 7.6 percent now to 7.2 percent or 7.3 percent at the end of 2013.

June 19, 2013

Sinclair buys Raymond antenna maker Dielectric

Dielectric, which employs about 57 people, will remain at its current facility, Sinclair says.

June 19, 2013

Vets First Choice gets $6.5M in funding

New funding for the Portland-based online veterinary products provider is led by HLM Venture Partners.

June 19, 2013


June 19, 2013

Using cattle as cash cows

Nerwande Chirovzvo,  Christine Chirovzvo At a bank in Zimbabwe, owners deposit their animals as collateral against monetary loans.

June 19, 2013

Jeep recall represents U-turn of sorts

 In a reversal of its defiant posture, Chrysler agrees to fix fuel tanks on Grand Cherokees and Libertys.

June 19, 2013

Study says Maine education should lead to jobs

A report credits Maine's educated work force and high test scores as a draw for manufacturers, but also cites some defects.

June 19, 2013

Rolling billboards must yield to Maine's ban

But enforcement action against the ad trucks, like the one roving through the area this month, is unusual.

June 19, 2013

Anthem releases details of new Maine insurance plan

Following a lawsuit, the insurer releases a list of doctors and hospitals for the statewide exchange.