A Coffeehouse is now open in the former Record Connection building at 252 Main St. in Waterville, where patrons are invited to drop in, sip coffee or tea, enjoy a meal, play a tune, read a book or talk politics.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Schumer, Democrats urge Justice Department to prosecute alleged oil industry collusion, price-fixing
The Democrats say a recent FTC investigation uncovered evidence of price-fixing by oil executives that led to higher energy costs for American families and businesses.
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Posted inBusiness, Nation & World, News
Designer of world’s tallest building wants to turn skyscrapers into batteries
The company behind Dubai’s 2,717-foot-high Burj Khalifa plans to harness gravity to offset construction emissions.
Posted inBusiness, Nation & World, News
Lab-grown meat isn’t on store shelves yet, but some states have already banned it
Florida and Alabama recently banned the sale of cultivated meat and seafood. Federal lawmakers are also looking to restrict it.
Posted inBusiness, Maine, News
Climate change likely to bring rewards – and risks – for Maine farmers
Warming temperatures and a longer growing season will benefit agriculture in the state, but pathogens, pests and extreme weather also are likely to accompany the milder winters, according to the Maine Climate Council.
Posted inBusiness
California advances measures targeting AI discrimination and deepfakes
With strong privacy laws already in place, California is in a better position to enact impactful regulations than other states.
Posted inBusiness, Maine, News
Company behind controversial $500 million fish farm in Belfast suing city
The Belfast City Council voted to withdraw its decision to seize a parcel of mudflats, which it had done in part to guarantee Nordic Aquafarms had access to Penobscot Bay.
Posted inBusiness, Nation & World, News
Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
In the U.S., a big reason why inflation remains above the Fed’s target is that distortions stemming from the pandemic are still keeping prices elevated.
Posted inBusiness, Nation & World, News
Fed indicated rates will remain higher for longer. What does that mean for you?
The central bank kept its key rate at a 20-year high of roughly 5.3%, where it has been since last August.
Posted inBusiness, Nation & World
American Airlines profit cut augurs bleaker summer travel season
Airlines in the U.S. and Europe had previously expected fares to surge this summer.