The two-month deal gives Obama a victory, but lingering bitterness among GOP factions could complicate future talks.
2011
Posted inBusiness, News
Average 30-year mortgage rate hits record low 3.91 pct
Builders could see more interest from buyers in the coming months if mortgage rates stay low. The low rates contributed to a modest 2-point increase in builder sentiment in the latest National Association of Home Builders survey.
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Posted inNews
Collins, Snowe urge House GOP to pass tax cut
WASHINGTON — The House Republicans continue to take heat from their own party. Sens. Olympia Snowe and Susan Collins of Maine, both Republicans, urged the House GOP on Thursday to pass a two-month extension of the payroll tax cut. If they don’t, workers earning $50,000 per year will see a $1,000 increase in their taxes, officials said. […]
Posted inNews
Saco police seize 12 pounds of pot at video store
Police received an anonymous tip that led them to Xtreme DVD & Gaming, where they found $21,000 worth of marijuana.
Posted inNews
Police use cadaver dogs in search for missing toddler
Despite the use of the dogs, the Waterville police chief implied Thursday he still had hope of finding 20-month-old Ayla Reynolds alive.
Posted inNews
Walmart pulls formula after baby dies
The company and USDA are awaiting test results after Walmart pulled a batch of the baby formula from more than 3,000 of its stores nationwide.
Posted inNews
Journal retracts study linking virus, chronic fatigue
The authors reported finding a virus called XMRV in blood cells from patients with the syndrome. But follow-up studies have found no such connection.
Posted inBusiness
Gas tubing fires linked to lightning raise concern
Reports of lightning-related fires and gas leaks in at least a dozen states have raised concerns about the use of flexible gas lines made of corrugated stainless steel tubing and have led to lawsuits, studies and efforts to better track the incidents . . .
Posted inBusiness, News
Claims lowest since ’08 as job market improves
The drop in filings suggest that the U.S. economy may finally be regaining strength. The nation added at least 100,000 jobs every month from July through November, the first five-month streak since 2006.
Posted inLakes Region Weekly
Blasted in Stone in Standish
STANDISH – It started simply. In 2002 Kari Kelley worked for a company that sold sandblasting supplies and through that business knew someone that sandblasted art on wood. The Standish woman admired the uniqueness of the art but at that point didn’t consider doing it herself. A short time later a friend of Kelley’s began […]