BRUNSWICK — People considering purchasing buildings with residential rental units, or current owners who want to enhance their skills and knowledge, are encouraged to attend “Owning and Managing Residential Rental Properties” presented by Coastal Enterprises, Inc., with the support of MaineHousing. The course will be held Wednesday, Sept. 14, 6-8:30 p.m., at CEI, 30 Federal […]
Times Record Business
Colo. hailstorm caused $352.8M in damage
COLORADO SPRINGS, Colo. The July 28 hailstorm that hit Colorado Springs was the sixth-most damaging event in Colorado history. The Gazette reports that according to an insurance industry trade group the storm earned $352.8 million in claims for damage to homes and vehicles. The Rocky Mountain Insurance Information Association said the storm resulted in 84,500 […]
U.S. new home sales climb to best level since late ’07
WASHINGTON Americans stepped up their purchases of new homes in July to the fastest pace in nearly nine years, as low mortgage rates and a steady job market are fueling a real estate surge. New home sales jumped 12.4 percent last month to a seasonally adjusted rate of 654,000 annual units, the strongest level since […]
Delphi, Mobileye reveal autonomous car plan
DETROIT Auto parts and electronics company Delphi Automotive is joining with Israeli software maker Mobileye to develop the building blocks for a fully autonomous car in about two years. The companies announced their partnership early Tuesday. It’s another in a flurry of auto industry and tech tie-ups as companies race for self-driving supremacy. Delphi and […]
5?’S… with Julie Shea, owner of The Mustard Seed Bookstore
BATH 1. You have been open in Bath for a little while now. Are you pleased with how the bookstore in working out? All of us at The Mustard Seed are very pleased with the positive response our community has given us with opening the bookstore. We have just passed our 1 1/2-year mark and […]
News from Southern Midcoast Maine Chamber
Every Memorial Day, I often wonder what the summer will hold and what memories will I make with my friends and family. Then I have three dozen meetings, answer 2,000 e-mails, catch a little shut eye, and before I know it, it’s mid-August. Judging by the traffic on Route 1 and 95 this past weekend, […]
Target cuts outlook in ‘difficult’ environment
MINNEAPOLIS Target cut its profit and comparable-store sales outlook amid stiffer competition and its own stumbles in areas like grocery sales. The discounter’s second-quarter net income fell nearly 10 percent, though that was better than what most had expected. Sales at stores open at least a year fell 1.1 percent, reversing seven straight quarters of […]
Maine credit unions recognized
WESTBROOK Maine credit unions — including ones located in the Midcoast region — were recently recognized as the 2016 honorees of the Dora Maxwell Social Responsibility Community Service Awards, the Louise Herring Philosophy In Action Member Service Awards and the Desjardins Youth and Adult Financial Education Awards. These awards are all part of the national […]
Maine Coastal Flight
BRUNSWICK Maine Coastal Flight has been churning out the next generation of pilots at the former Brunswick Naval Air Station since the P-3s left five years ago. Erik Vroom and his father, David, run the flight company that began in Bar Harbor 12 years ago. The elder Vroom is a full-time pilot for United, so […]