Apple is opening small cracks in the iPhone’s digital fortress as part of a regulatory clampdown in Europe that’s striving to give consumers more choices.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Wall Street sets another record as traders look ahead to easier rates Fed chair says are ‘not far’
The S&P 500 rallied 1% to set its 16th all-time high so far this year.
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Posted inBusiness, Food & Dining, Nation & World
Candy companies pitch gum as stress reliever, concentration aid to revive stale U.S. sales
Gum-makers are trying to figure out what will make Americans start chewing again.
Posted inBusiness, Politics
Founder of Madison wood fiber insulation company to be Golden’s guest at State of the Union Address
Congressman Jared Golden invited the president of TimberHP, Josh Henry, to join him at the U.S. Capitol Thursday night, saying he helped ensure one of Maine’s heritage industries will have a future.
Posted inBusiness, Maine
Freeport shopping center sells for $20 million at auction
The company that holds the mortgage on the Freeport Village Center bought the 3.6-acre complex after the auctioneer received only one bid for $5 million, well below the $32.5 million assessed value.
Posted inBusiness, Maine, News, Politics
Maine Senate passes food scraps disposal ban
The measure would require commercial and industrial-scale food waste producers to donate their edible leftovers and recycle what remains.
Posted inBusiness
Wall Street rises to recover some of its losses from its worst day in weeks
In stock markets abroad, indexes were mixed with mostly modest moves across Europe and Asia.
Posted inBusiness, Maine, News
Watch the former Otis Mill tower collapse in Jay
The tower that had International Paper Co. 1906 on the roof has stood for more than 100 years at the now defunct Otis Mill in Jay.
Posted inBusiness, Maine, Politics
Legislature considers limiting seizure of private land to build power lines
It’s one of several proposals being negotiated as lawmakers seek middle ground between developers of transmission lines and property owners whose land would be impacted.
Posted inBusiness, Nation & World, News
Powell reiterates Fed needs more confidence on inflation to cut
Federal Reserve Chair Jerome Powell is on Capitol Hill for the first of 2 days of his semiannual monetary policy testimony and is scheduled to appear before the Senate Banking Committee on Thursday.