The chain’s U.S. President said on an earnings call Monday that the number of $5 meal deals sold was above expectations.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Election 2024, Nation & World, News
United Auto Workers endorses Harris, giving her blue-collar firepower in industrial states
UAW President Shawn Fain said in a statement that the union’s ‘job in this year’s election was to defeat Trump.
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Posted inBusiness, Nation & World, News
U.S. oil and gas must cut methane 80% to meet industry targets, new data shows
On average, data collected from the Environmental Defense Fund shows around 1.6% of gross gas production is released as methane into the atmosphere.
Posted inBusiness, Nation & World, News
U.S. weighs new restrictions on China’s access to AI memory chips
The new restrictions are likely to be unveiled as soon as late August as part of a broader package that also includes sanctions against more than 120 Chinese firms.
Posted inBusiness, Nation & World, News
Federal Reserve says September interest rate cut could be ‘on the table’ as inflation cools
The Fed is seeking to strike a delicate balance: It wants to keep rates high enough for long enough to quell inflation, but also wants to avoid keeping borrowing costs so high that it triggers a recession.
Posted inBusiness, Maine, Morning Sentinel, News
Vassalboro approves Sidereal Farm Brewery expansion
The town’s Board of Appeals struck down neighbors’ challenge to the brewery owners’ plan to build outdoor seating, extend their hours and increase capacity.
Posted inBusiness, Nation & World
Stores lure back-to-school shoppers with deals and ‘buy now, pay later’ plans
Many appreciate the flexibility, but consumer advocates have expressed concerns that the growth of the payment method may ultimately leave Americans in more debt.
Posted inBusiness, Life & Culture, Nation & World
How 2 Syrians in Rome are using hummus to aid war refugees and help migrants integrate
Shaza Saker and Joumana Farho have turned their small business into a support network, all while gaining a foothold in the capital city’s gastronomic scene.
Posted inBusiness, Maine, Morning Sentinel, News
New Balance to close Norridgewock factory, move operations into expanded Skowhegan facility
The transition to the consolidated manufacturing facility, to be called ‘Central Maine,’ will begin this fall. All jobs at the Norridgewock site will be transferred to Skowhegan, the company said Tuesday.
Posted inBusiness, Maine, News, Schools and Education
UMaine to build $10.3 million aquaculture research, workforce training center
Set to open in 2025, the Sustainable Aquaculture Workforce Innovation Center in Orono will prepare students for careers in the rapidly growing aquaculture industry.