Posted inBusiness, sj-web

Lower birth rates for young women tied to economy

ATLANTA (AP) — Birth rates for the nation’s youngest mothers hit new lows last year — further evidence that few forms of birth control are as effective as the economy. The national birth rate dropped for the third straight year, with declines for most ages and all races, according to a federal report released Thursday. […]

Posted inAdvertiser Democrat, Oxford Hills

LePage team networks with business owners in Bethel

BETHEL — Members of Gov. Paul LePage’s administration networked with local business owners and community members during a breakfast Wednesday. The Bethel Area Chamber of Commerce hosted the event at the Bethel Inn Resort. Guests John Butera, LePage’s senior economic policy adviser, and George Gervais, commissioner of Department of Economic and Community Development, spoke to […]

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Posted inLocal & State, sj-web

Occupy groups rally in Maine

BANGOR, Maine (AP) — More than 100 people have turned for an Occupy Bangor rally at a downtown park. The Bangor Daily News says Saturday’s event featured speeches from union officials, members of the Peace and Justice Center of Downeast Maine and others who spoke about how they’ve been affected by the struggling economy and […]

Posted inNation / World, sj-web

Obama announces help for student loan borrowers

Speaking at the University of Colorado Denver, Obama said that he and his wife, Michelle, together owed more than $120,000 in law school debt that took nearly a decade to pay off. He said that sometimes he’d have to make monthly payments to multiple lenders, and the debt meant they were not only paying for […]

Posted inLocal & State, sj-web

Demonstrators target bank in Maine

PORTLAND, Maine (AP) — About 40 demonstrators are targeting Bank of America with a protest in Maine’s largest city, holding signs and chanting “make the banks pay.” The demonstration outside a Bank of America branch at One City Center on Friday was organized by OccupyMaine, which has set up an encampment a few blocks away […]

Posted inBusiness, Local & State, sj-web

Dead River to sell Maine stores to Circle K

BANGOR, Maine (AP) — Dead River Co. is getting out of the convenience store business and selling its Maine stores to the Circle K convenience store chain. Dead River officials say the company is selling its convenience stores to focus on its core business of selling heating fuels. Circle K is owned by Alimentation Couche-Tard […]

Posted inBusiness, Local & State, sj-web

Lowe’s to close stores in Ellsworth, Biddeford

Lowe’s is closing stores in Ellsworth and Biddeford as part of a wider decision to shut down 20 stores nationwide, according from a release from the home improvement chain.  The Auburn location will remain open. In the statement, the Mooresville, N.C.-based company said that 10 of the “underperforming” stores closed at the end of the […]

Posted inBusiness, New England, sj-web

TD Bank to transfer jobs to from New England to N.J.

BRATTLEBORO, Vt. (AP) — TD Bank is transferring several dozen jobs from northern New England to New Jersey. A TD Bank spokeswoman told the Bennington Banner (http://bit.ly/pnFY7D ) that just under 40 jobs in Brattleboro, Vt., Concord, N.H. and Portland, Maine are being relocated to Cherry Hill, N.J., as the bank downsizes its TD Wealth […]

Posted inNation / World, sj-web

Obama seeks votes on jobs, piece by piece

FLETCHER, N.C. (AP) — Railing against Republicans, President Barack Obama on Monday pushed for a jobs package that Congress is splintering into pieces, as Senate Democrats planned action first on a longshot plan to help states hire teachers, police and firefighters. In campaign mode on the road, Obama accused Republicans senators of saying no to […]