The sale for $2.8 billion continues a string of retail sector mergers this year.
2011
Posted inNation & World
Federal appeals panel upholds Obama’s insurance mandate
CINCINNATI – In the first ruling by a federal appeals court on President Obama’s health care overhaul, a panel in Cincinnati handed the administration a victory Wednesday by agreeing that the government can require a minimum amount of insurance for Americans. A Republican-appointed judge joined with a Democratic appointee for the 2-1 majority in another […]
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Posted inBusiness
MySpace buyer says Timberlake will play big role
Specific Media and its pop star partner hope to stop the financial losses and the flight of users to Facebook.
Posted inSports
Staying in the Game: Pain in lower back and legs can begin with sacroiliac
“My MRI and X-rays are negative.” This is a common statement from my patients with lower-back pain. They have had a full diagnostic work-up and the findings are negative. They do not know what is wrong with them. The over-the-counter pain relievers and anti-inflammatory drugs do not work. Now what? They do not want to […]
Posted inBusiness
Fed caps debit card swipe fees
WASHINGTON – The Federal Reserve said Wednesday that banks can only charge retailers 21 cents each time a customer swipes a debit card. The board raised the cap from its initial proposal of 12 cents per swipe. Banks and big payment processors like Visa and Mastercard convinced the Fed that was too low to cover […]
Posted inNews
Police: Man arrested for driving drunk, biting girl
CARTHAGE — A 27-year-old man was arrested recently after he allegedly bit a 12-year-old girl who was trying to prevent him from driving drunk, police said.
Posted inLetters, Opinion
Letters to the editor, June 30, 2011Wrong not to hike tobacco taxes
It was unfortunate to see the Maine Legislature reject proposals to raise the tax on tobacco products this year. Raising prices on tobacco products is a Centers for Disease Control and Prevention best-practice measure for keeping tobacco out of the hands of kids — something we all can support. The Legislature’s unwillingness to increase the […]
Posted inOpinion
Maine Voices: Republicans leading state show why free market economics doesn’t work
The party and its leaders have initiated class warfare against public workers and job creation in general.
Posted inEditorials, Opinion
Our View: Charter school law a chance to try new things
Educators with ideas of how to meet an unmet need will now have a way to proceed.
Posted inBusiness
Shoptalk: Clients click, pros sew
Woolwich nurse practitioner Lori Brodsky offers quilt fans an opportunity to create their own design and color schemes with a click of a computer mouse, leaving the sewing to professionals. This is Coast of Maine Quilters. Q: When was your business started? A: We incorporated in 2005. Q: Tell me about your business. A: We […]