Posted inBusiness

People, businesses underpaid taxes in 2006

WASHINGTON – People and businesses underpaid their taxes by an estimated 17 percent in the most recent year studied, meaning they failed to send the government $450 billion it was owed, according to an Internal Revenue Service report released Friday. The study covered 2006, the most recent for which the IRS said it had data […]

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Posted inBusiness

Briefcase

Dow Jones loses ground amid worries about Europe The stock market offered a reminder Friday that even if the U.S. job market is improving, there’s plenty to worry about elsewhere in the world. The unemployment rate fell in December to 8.5 percent, the lowest level in nearly three years. Yet stock indexes teetered between small […]

Posted inReligion and Values

Pope Benedict names 22 cardinals, two from U.S.

VATICAN CITY – Pope Benedict XVI clearly put his stamp on the group that will eventually elect his successor by naming 22 new cardinals Friday, including prelates in key posts such as New York and Hong Kong. The group is heavy on Europeans, particularly Italians holding important Vatican posts, and includes only three prelates from […]

Posted inReligion and Values

Religion Calendar

Today and Sunday Boar’s Head and Yule Log Festival, 2 and 4:30 p.m., Rockland Congregational Church, 180 Limerock St. Seventh annual re-enactment of ancient celebrations marking the end of the 12 days of Christmas. Music is by the Midcoast Brass Quintet, the Boar’s Head Monks’ Choir and soloists. Refreshments follow. For details, ticket prices and […]