President Biden will name a replacement for Martin Gruenberg ‘soon,’ a White House announcement said.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, Morning Sentinel
Public hearings on Kennebec River dam relicensing set for this week in Waterville, Augusta
Some say relicensing the four dams would harm fish and wildlife along the river, while others argue losing the dams could cripple the central Maine economy.
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Posted inBusiness
Ivan Boesky, stock trader convicted in insider trading scandal, dead at 87
Once implicated in insider trading, Boesky cooperated with a brash young U.S. attorney named Rudolph Giuliani in a bid for leniency.
Posted inArts & Entertainment, Business
Scarlett Johansson says a ChatGPT voice is ‘eerily similar’ to hers and OpenAI is halting its use
Johansson issued a statement saying OpenAI CEO Sam Altman asked her if she would lend her voice to the system, but she declined.
Posted inBusiness, Politics
Top Democrat calls for Biden to replace FDIC chairman to fix agency’s ‘toxic culture’
Sen. Sherrod Brown, chairman of the Senate Banking Committee, says the agency is broken and there must be ‘fundamental changes at the FDIC.’
Posted inBusiness, Food & Dining, News
Sour Patch Kids Oreos? Peeps Pepsi? What’s behind the weird flavors popping up on store shelves
Surprising flavor combinations are showing up more frequently in grocery stores and restaurants.
Posted inBusiness, News
Red Lobster seeks bankruptcy protection days after closing dozens of restaurants
The 56-year-old chain made the filing late Sunday, days after shuttering dozens of restaurants.
Posted inBusiness, Maine, News
A first in northernmost Maine: Utility ran on 100% solar power for a few hours in early May
Unlike other regions in the state that are linked to the New England electricity grid, the Fort Kent area in northern Maine is connected to New Brunswick Power Corp.
Posted inBusiness
Portside Real Estate acquires Belgrade Lakes brokerage
The Lakepoint office in Belgrade Lakes Village will become part of Portside’s network of seven offices across coastal Maine and New Hampshire.
Posted inBusiness
Richmond small business leader recognized as 3C Congressional Champion
WASHINGTON — Michael Gaffney, president of Richmond, Maine-based Seawicks Candle Company, was recognized by the Connected Commerce Council (3C) as a Congressional Champion for his advocacy on Capitol Hill. Gaffney met recently with officials from the offices of Sen. Angus King (D-ME) and Rep. Chellie Pingree (D-ME) to explain the vital role digital tools play […]