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Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Fed chair says U.S. economy is in ‘solid shape,’ with gradual rate cuts coming
His comments disappointed the hopes of many investors that the Fed would implement another steep half-point reduction in its key rate before the end of the year.
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Posted inBusiness, Maine, Nation & World
CMP dispatches line crews to help restore power in Virginia, North Carolina
The Augusta-based utility sent line workers and damage assessment teams to areas hard hit by Hurricane Helene.
Posted inBusiness, Nation & World
Satellite service DirecTV buys rival Dish as it fights onslaught of streaming services
More than 2 decades ago, the companies almost merged, but the deal was blocked by federal authorities. Since then, the pay-for-TV market has changed significantly.
Posted inBusiness, Maine, News
Roux Institute’s new business incubator aims to take on climate change
The new ClimateTech Incubator houses 12 startups focused on the environment to help boost the state’s clean energy workforce.
Posted inBusiness, Health, Maine, News, Schools and Education
UMaine Machias to offer new nursing program via UMaine Augusta partnership
The Downeast Nursing Track will allow students to earn a bachelor’s in nursing from the Augusta college while going to school in Machias.
Posted inBusiness, Maine, News
Maine’s top forester to head national association at critical time
Maine State Forester Patty Cormier has been elected president of the National Association of State Foresters.
Posted inBusiness, Life & Culture
Halloween superfans see the culture catching up to them
Five years ago this Halloween, Home Depot introduced the 12-foot-tall skeleton.
Posted inBusiness, Maine, Schools and Education
UMaine System to request another round of proposals for Hutchinson Center sale
A new request for proposals on the Belfast property will be released by the end of next week and will remain open until November.
Posted inBusiness, Nation & World, News
Parents will have to set aside some earnings for child influencers under new California laws
Parents and guardians who profit from social media posts featuring their children will soon be required to set aside some earnings for the young performers.