Posted inNews

Buyers plan boatyard at Stinson plant

AUGUSTA — Kenway Corp. and two other Maine companies have purchased a closed seafood plant in Belfast to create a boatyard capable of producing an array of marine products, including yachts. Kenway, Rockport Marine and Brooklin Boat Yard have purchased the Stinson Seafood Co. property on the Belfast waterfront, Kenway owner Kenneth Priest said. The […]

Posted inSports

College Roundup: Monks slip by Falcons

NEW HAVEN, Conn. — Tyler Kelley’s three-point play with 22.7 seconds left gave St. Joseph’s College an 84-83 lead as the Monks edged Albertus Magnus 86-83 in a college men’s basketball game Monday. Kelley finished with 32 points, including seven of the 14 3-pointers scored by the Monks (9-4, 6-1 GNAC). Zach O’Brien added 21 […]

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Posted inBusiness

Briefcase, Jan. 18, 2011

U.S. investors barred from private Facebook offering Goldman Sachs Group Inc. has barred U.S. investors from participating in a private offering expected to raise up to $1.5 billion for social networking site Facebook, citing widespread media coverage that could run afoul of securities guidelines. The investment bank said Monday it decided to restrict the fund […]

Posted inBusiness

African chain opens door for Wal-Mart

JOHANNESBURG — A South African chain’s shareholders have overwhelmingly accepted Wal-Mart’s offer to buy 51 percent of their company, the chief executive said Monday, paving the way for the giant U.S.-based retailer to enter Africa. Massmart said 97 percent of shareholders who voted Monday approved the proposal – 75 percent had been needed. Wal-Mart offered […]

Posted inNation & World

Self-immolations spread across Arab world after Tunisia uprising

CAIRO — Protesters set themselves on fire in Egypt, Mauritania and Algeria on Monday in apparent copycat self-immolation attempts inspired by the act that helped trigger a popular uprising in Tunisia. The incidents, while isolated, reflect the growing despair among the public of many Arab regimes resisting reform. They are deeply symbolic means of protest […]