Greg Creed will take the helm Jan. 1.
May 2014
Posted inNation & World, News
Toronto Mayor Rob Ford entering rehab center
He announces that he will take a leave of absence from office and from his re-election campaign.
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Posted inNation & World
Putin demands Ukrainian troop withdrawal
In a conversation with the German chancellor, he calls for Kiev to remove forces from southeastern Ukraine.
Posted inBusiness
Settlement reached in eBay hiring suit
The company was accused of agreeing with other firms to not recruit workers away from each other.
Posted inBusiness
Briefcase
First Wind gets financing for turbine project in Aroostook Boston-based First Wind closed Thursday on a $369 million financing package that will enable the wind power developer to pursue the Oakfield Wind project in Aroostook County. The financing includes a $237 million construction loan and $132 million in equity contribution, according to a news release […]
Posted inBusiness
First-time jobless claims hit surprising down note
Analysts had expected good news for last week, but the 344,000 claims are a high since February.
Posted inNation & World
World Dispatches
ABUJA, Nigeria At least 9 die when car bomb explodes in capital A car bomb exploded on a busy road in Nigeria’s capital late Thursday, killing at least nine people days before the city is to host a major international economic forum. The bomb exploded near a checkpoint across the road from a busy bus […]
Posted inBusiness
Fewer sales, higher rates drop lending for homes to 14-year low
Mortgage loans started in the first three months of the year fell to just $235 billion, the lowest quarterly figure since 2000.
Posted inBusiness
U.S. lenders loosening mortgage standards
The pendulum is swinging back from the tight credit guidelines of recent years to revive lagging business.
Posted inLife & Culture
Garrison Keillor reluctantly prepares for his show’s 40th anniversary
The creator and host of ‘A Prairie Home Companion’ says he has no plans to retire.