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How will the bailout affect Maine? |
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by Gina Hamilton
Coastal Journal staff
WASHINGTON D.C. - On Monday, the House refused to pass a bill that would, among other things, grant the Treasury $700 billion to rescue failing financial institutions. They will reconvene today to try again to pass the measure.
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Canadian billionaires interested in Blethen Maine Newspapers |
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by Will Gottlieb
Coastal Journal staff
The list of potential buyers for Blethen Maine Newspapers now officially includes Canadian-based Brunswick News, a subsidiary of J.K. Irving, whose family owns the chain of Irving Oil gas stations and retail stores, as well as every English-language newspaper in New Brunswick, most of the province’s French weeklies, and a tall stack of its radio stations.
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Funds to aid midcoast businesses secured |
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by Gina Hamilton
Coastal Journal staff
BRUNSWICK - The Midcoast Council for Business Development and Planning (MCBDP) learned last week that it will receive $750,000 from the U.S. Office of Rural Development. This money will be matched by funds raised by local communities, state grants, and a local lender, reaching a total of $1.2 million dollars.
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