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Posted inNews

Dispatches

Three juvenile boys arrested in cigarettes burglary / Man injured in blast after gas poured on brush fire / Kennebunk police to host lecture on “bath salts” … and more news from around the state.

Posted inBusiness

Co-founder sells ‘tiny chunk’ of Facebook shares

NEW YORK – Facebook co-founder Dustin Moskovitz shed 450,000 shares of Facebook in the past few days for proceeds of about $9 million — a tiny chunk of his total stake. Moskovitz was Mark Zuckerberg’s Harvard roommate when they founded Facebook in 2004. He disclosed in a regulatory filing late Tuesday that he sold the […]

Posted inBusiness

Fed may launch bond-buying program

WASHINGTON — Federal Reserve officials signaled Wednesday that they may be ready to launch a new bond-buying program when they next meet in September. The goal would be to try to lower long-term interest rates to encourage more borrowing and spending. Minutes of their July 31-Aug. 1 policy meeting released Wednesday don’t explicitly say what […]