LONDON – Contradicting testimony by Piers Morgan, a former reporter said in a British inquiry that phone hacking was considered a “standard journalistic tool” at the tabloid. Former Daily Mirror business columnist James Hipwell’s testimony on Wednesday clashed with Morgan’s insistence a day earlier that he did not know the practice was used during his […]
2011
Posted inBusiness
Briefcase
Oracle’s earnings disappoint, send technology stocks down Technology stocks fell Wednesday, dragged down by a weak earnings report from business software maker Oracle Corp. Broad market indexes were flat. The Dow Jones industrial average eked out a gain of 4 points after having been down most of the day. Oracle Corp. stock plunged almost 14 […]
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Posted inNation & World
EPA forcing power plants to reduce toxic pollution
The Obama administration’s ‘biggest clean-air action yet’ aims to cut emissions that threaten public health.
Posted inBusiness
Cell towers fade into the landscape
They go in steeples, malls and other structures as companies race to feed data-hungry phones.
Posted inBusiness
Billions of euros lent to European banks
FRANKFURT, Germany – Struggling banks snapped up 489 billion euros ($639 billion) in cheap loans from the European Central Bank on Wednesday, a sign of just how hard or expensive it has become to borrow from each other. The huge demand for newly available three-year loans comes as fears rise that heavily indebted European governments […]
Posted inBusiness
Jobs, spending strengthen economy as year ends
The surge since August, when many feared a new recession, has raised Americans’ confidence.
Posted inBusiness
Bank to pay $335 million in race bias mortgage case
Countrywide, the mortgage unit of Bank of America, charged minorities higher rates and loan terms.
Posted inLetters, Opinion
Letters to the editor, Dec. 22, 2011USM’s offerings unfairly overlooked
When my daughter was looking at schools a decade ago, we did the New England tour. She settled on the University of Southern Maine because it gave her the best faculty for the buck, frankly, in spite of having been offered a four-year ride at a private college in New Hampshire. When I returned to […]
Posted inOpinion
Maine Voices: Small businesses quietly making big economic difference in Maine
The Small Business Administration facilitates growth by working with banks to provide capital.
Posted inEditorials, Opinion
Another View: Not everyone celebrates Christmas, and that’s OK
People who celebrate other holidays are not being “Grinchy” if they say “no” to a candy cane.