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August 29, 2016

BANGOR, Maine — The closing of one of the last two Howard Johnson restaurants next week will mark the end of its fried clam strips, ice cream and other menu staples that nourished baby boomers and leave the once-proud restaurant chain teetering on the brink of extinction.

The slice of…


Diversification remains important for retirees

August 29, 2016

During your working years, your primary investment goal generally is growth; you need your money to grow so you eventually can afford the comfortable retirement lifestyle you’ve envisioned. But when you retire, should you adjust your investment strategy from…


Southern Bank honors three employees

August 29, 2016

Southern Bank recognized three employees' performance during its Best Banker Event recently held at Kingsmill Resort in Williamsburg, Va., news releases say.

Honored were Lisa Wells, manager and banking officer of Southern's branch in Red Oak, who was named a Top Performer, and Heather Vann, a…


Sears moves to quarterly loss, sales keep faltering

August 26, 2016

HOFFMAN ESTATES, Ill. – Sears posted a second-quarter loss Thursday, with perpetually weak sales overshadowing the retailer's efforts to cut costs and slow its cash burn. CEO Edward Lampert's hedge fund will forward the ailing chain $300 million in additional debt financing.

Traditional…