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Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
New commuter bus between Lewiston, Auburn, Portland gets mixed reviews so far
The LAP service started its two-year pilot run July 22. In the short time since the route began, some passengers have questions about its reliability.
Maine Bureau of Insurance warns about ‘self-funded’ health plans
Many plans being marketed to consumers in Maine have coverage limits and are not comprehensive medical insurance, the state says.
Many of New York City’s outdoor dining sheds set to start disappearing
Less than half of the estimated 6,000 to 8,000 restaurants using pandemic-era permits have applied for a new program to make the sheds permanent.
Google loses massive antitrust case over its search dominance
A judge ruled that the ubiquitous search engine has been illegally exploiting its dominance to squash competition and stifle innovation – a seismic decision that could shake up the internet.
Chinese businesses hoping to expand in U.S. and bring jobs face uncertainty and suspicion
U.S. wariness of China, coupled with Beijing’s desire to protect its technological competitiveness, threatens to rupture ties between the world’s two largest economies.
Prosecutors plan to charge former Kansas police chief over his conduct following newspaper raid
The raid sparked a national debate about press freedoms focused on Marion, a town of about of about 1,900 people in the rolling prairie hills.
Dow drops 1,000 points, Japanese stocks suffer worst crash since 1987 as markets quake worldwide
Nearly everything on Wall Street tumbled Monday as fear about a slowing U.S. economy worsened and set off another sell-off for financial markets around the world.
Hotel development in Portland booming as city seeks to amp up winter tourism
Portland has at least 750 hotel rooms in various stages of the planning process, and there are more than 400 in the works in the surrounding area.
A changing electric grid ramps up the work of Maine’s utility regulators
The need to connect renewable power to the grid and plan for increased electrification is expanding the Public Utilities Commission’s budget, staff and workload.