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Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Homebuyers’ quandary: To wait or not to wait for lower mortgage rates?
Holding out for a more attractive rate can make a big difference, especially for first-time homebuyers who often struggle to find an affordable home. But lower rates could drive up prices, too.
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Posted inBusiness, Nation & World, News
Instagram begins blurring nudity in messages to protect teens and fight sexual extortion
Instagram and other social media companies have faced growing criticism for not doing enough to protect young people.
Posted inBusiness, Maine, Politics
USPS draws fire for plan to shift some operations from Hampden to Scarborough
The move is criticized by union leaders and opposed by Sen. Susan Colllins and Rep. Jared Golden, who plans to introduce legislation freezing the consolidation mail processing centers nationwide.
Posted inBusiness, Maine, Politics
After debate, lawmakers approve bill to license contractors in Maine
L.D. 1929 received initial approval from the House of Representatives and Senate this week, but could face opposition from the Mills administration, which filed testimony against the bill last session.
Posted inBusiness
U.S. carriers seek to extend flight limits at packed airports
The flight limits helped improve on-time arrivals and departures at the participating airports in the fourth quarter, A4A said, as well as the percentage of flights completed.
Posted inBusiness
U.S., Japan look to improve collaboration with new AI research
The White House announced late last month that federal agencies have until the end of the year to determine how they will assess, test, and monitor the impact of government use of AI technology.
Posted inBusiness, Nation & World, News
Carbon credits market to get a huge boost as rules relaxed
The market for carbon credits is still reeling from a period of turbulence, following revelations of projects that failed to deliver on emission cuts.
Posted inBusiness, Nation & World
EU ramps up pressure on China’s green tech with probe of wind parks
The EU exported wind turbines worth $1.98 billion to the rest of the world in 2023, according to Eurostat data.
Posted inBusiness, Maine, Politics
Proposed minimum wage for Maine farmworkers heads toward passage
The bill received overwhelming support in the Senate on Wednesday, one day after narrowly winning support in the House of Representatives.