Companies will have to disclose climate risks that could harm their operations or financial conditions, such as those caused by rising sea levels, hurricanes, droughts, or wildfires.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inArts & Entertainment, Business
How Netflix survived the streaming wars to stay subscription video king
Netflix has managed to maintain its position as the leader in subscription streaming, with 260 million paying customers worldwide, far more than its direct competitors.
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Posted inBusiness, Maine, News
Maine compromise would exempt some industries from ban on ‘forever chemicals’
The chemicals, known as PFAS, are contained in a wide variety of industrial and consumer products.
Posted inBusiness, Nation & World, News
Court rules Florida’s ‘stop woke’ law restricting business diversity training is unconstitutional
A federal appeals court has ruled that a Florida law pushed by Republican Gov. Ron DeSantis that limits diversity and race-based discussions in private workplaces is unconstitutional.
Posted inBusiness, Nation & World, News
Facebook, Instagram, Messenger and Threads restored after widespread outage
A senior official with the U.S. Cybersecurity and Infrastructure Security Agency told reporters Tuesday that the agency was ‘not aware of any specific election nexus nor any specific malicious cyberactivity nexus to the outage.’
Posted inBusiness, Maine, News
Maine cannabis businesses call bill a ‘beacon of hope,’ but regulators say it’s too risky
The bill, sponsored by Sen. Craig Hickman, D-Kennebec, would make sweeping changes to rules governing Maine’s adult-use and medical cannabis markets.
Posted inBusiness
Funny, ‘useless’ inventions boost spirits, creativity at struggling small factories
Unnecessity seems to be the mother of some invention: There is an annual competition for such useless products made by professional artisans in Japan.
Posted inArts & Entertainment, Business, Life & Culture, Nation & World
Do AI video-generators dream of San Pedro? Madonna among early adopters of AI’s next wave
Making instant videos is the next wave of generative artificial intelligence, much like chatbots and image-generators before it.
Posted inBusiness, Nation & World, News
Black women struggle to find their way in a job world where diversity is under attack
With attacks on diversity, equity and inclusion initiatives raging, Black women looking to climb the corporate ladder face a more hostile landscape than ever.
Posted inBusiness, Nation & World, News
JetBlue, Spirit end $3.8 billion merger after court ruling
The Justice Department sued to block the merger last year, saying it would reduce competition and drive up fares.