Stocks rebound after falling on concerns about Europe It took the whole day, but stocks came all the way back. Bruised once again by uncertainty about European debt, the U.S. stock market fell sharply Thursday at the open, then steadily gained ground for six hours. By the close, the Dow Jones industrial average had shaved […]
2012
Posted inBusiness
GM announces fix for Chevy Volt battery fires
A Volt battery punctured in a government crash test caught fire three weeks later.
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Posted inBusiness
U.S. economy showing signs of strength as 2012 begins
The data released Thursday stoke optimism a day ahead of the government’s read on December job growth.
Posted inBusiness
Millionaires more likely to be audited, IRS says
WASHINGTON – One in eight people earning at least $1 million annually were audited by the Internal Revenue Service last year, making them far likelier to be examined than those making below $200,000, according to IRS data released Thursday. Just 1 in 100 individuals earning less than $200,000 had their income tax returns examined, the […]
Posted inNew England Patriots, Sports
Mayo a mastermind in the middle
Besides his team-leading tackle numbers and leadership, the middle linebacker directs the positioning for the Pats defense.
Posted inSports
Bruins shut out Flames, 9-0
Nathan Horton and Patrice Bergeron have two goals each, and Tuukka Rask earns his third shutout in four starts.
Posted inBusiness, Life & Culture, News
Three casual restaurants to open soon
Scarborough, Westbrook and South Portland will be home to two new burger joints and a Chipotle Mexican Grill.
Posted inNews
Portland robber sentenced to 16 years in prison
John Libby III pleaded guilty to five counts of robbery and one charge of endangering the welfare of a child. He robbed the Dollar Store in Portland.
Posted inNews
Gov. LePage vetoes three bills
AUGUSTA — Gov. Paul LePage issued three more vetoes today, rejecting two bills that extended tax breaks to commercial foresters and nonprofit performing-arts organizations, and one that was aimed at improving the energy efficiency of state buildings. The bills are L.D. 1264, sponsored by Sen. Phil Bartlett, D-Gorham; L.D. 338 sponsored by Sen. Troy Jackson, D-Allagash; […]
Posted inLakes Region Weekly
Standish dispatcher accused of stealing municipal gas
STANDISH – Standish officials this week say they were shocked when an internal investigation into a municipal fuel account revealed a longtime and trusted dispatcher is suspected of stealing fuel for his personal vehicle. In late December, the Cumberland County Sheriff’s Office charged William W. Rice, 49, of 22 Richville Road, Standish, with misdemeanor theft […]