Campbell’s roots date back to 1869, as a modest operation out of New Jersey that later grew. The current Campbell Soup name was adopted in 1922, according to the company’s website.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
U.S. inflation reaches 3-year low as Federal Reserve prepares to cut interest rates
A key reason for last month’s drop in overall inflation was the third drop in gas prices in the past four months.
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Posted inBusiness, Maine, News
Maine issues its first-ever recall of tainted recreational marijuana
It’s the first such recall since Maine’s recreational cannabis market launched in 2020, and it affects 3 pre-rolls and 1 flower product, all produced by Cannabis Cured.
Posted inBusiness, Nation & World, News
Boeing strike looking more likely as union president expects workers to reject contract offer
The president of the union local that represents 33,000 Boeing workers predicted that they will vote against the proposed deal.
Posted inBusiness, Nation & World, News
Delta planes collide on Atlanta taxiway, but no one is hurt
The airline said the wing of a Tokyo-bound Delta Airbus A350 jet hit the tail of a smaller Bombardier CRJ-900 on an adjacent taxiway.
Posted inBusiness, Nation & World, News
EU forcing Google, Apple to pay billions in fines and back taxes
Both companies have now exhausted their appeals in cases that date to the previous decade and helped jumpstart an era of intensifying scrutiny for Big Tech.
Posted inBusiness, Nation & World, News
Americans’ inflation-adjusted incomes rebounded to pre-pandemic levels last year
The latest data came Tuesday in an annual report from the Census Bureau, which said the median household income, adjusted for inflation, rose 4% in 2023.
Posted inBusiness
SpaceX launches billionaire to conduct first private spacewalk
Considered one of the riskiest parts of spaceflight, spacewalks have been the sole realm of professional astronauts.
Posted inBusiness, Nation & World, News, Politics
Congress takes up a series of bills targeting China, from drones to drugs
Many of the bills scheduled for a vote this week appear to have both parties’ support, reflecting strong consensus that congressional actions are needed to counter China.
Posted inBusiness, Nation & World, News
Apple’s iPhone 16 leaps into AI in attempt to turn a tech trend into a cultural phenomenon
The new iPhones – ranging in price from $800 to $1,200 – hit stores on Sept. 20.