Robert “Bob” Lightbody will be paid $60,000 a year.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Borrowers, especially the young, are struggling with credit card debt – a bad sign
Consumers are increasingly struggling to pay their credit card bills, raising concerns about severe delinquencies spiraling and sapping consumer spending.
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Posted inBusiness, Nation & World
Remember last year’s Memorial Day travel jams? Chances are they will be much worse this year
Highways and airports are likely to be jammed in the coming days as Americans head out on, and then home from, Memorial Day weekend getaways.
Posted inBusiness, Nation & World, News
U.S. government sues Ticketmaster owner, asks court to break up company’s monopoly on live events
The Justice Department accuses Ticketmaster and parent company Live Nation Entertainment of running an illegal monopoly over live events in America that squelches competition and drives up prices for fans.
Posted inBusiness, Maine, Politics
Business group objects to proposed rules for new paid family leave law
The Maine State Chamber of Commerce says employers who want to eventually opt out of the program by offering their own paid leave benefit still would have to pay into the fund for 16 months.
Posted inBusiness, Maine, News
Report says former Maine Turnpike executive threatened and intimidated employees for years
The internal report, obtained by the Press Herald, provides a scathing look at the agency and its former chief financial officer, Doug Davidson.
Posted inBusiness, Nation & World
Buy now, pay later companies must adhere to credit card standards, consumer agency says
Here’s what you need to know.
Posted inBusiness, Maine, News
Maine launches job board to connect people with openings in ‘clean energy’ sector
Just weeks after releasing a study detailing the growth of clean energy jobs in Maine, the state on Wednesday launched a board to help workers find jobs and employers to fill vacancies.
Posted inBusiness, Maine, News
Maine home sales rise for third month, and prices inch closer to record high
In April, 933 homes were sold in Maine and the median sale price was $382,000, according to data released Wednesday.
Posted inBusiness, Nation & World
Falling EV sales are upending banker climate strategies
A slowdown in EV adoption has potentially huge implications for the energy transition.