Data from Maine Listings shows the median sales price of a single-family home hit $353,000 in January, up 8.6% from $325,000 in January 2023.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inArts & Entertainment, Business, Maine
Bridge over bottled water? Hannaford shoppers sing praises for new in-store music
An employee survey led the Hannaford supermarket chain to revamp its music selection.
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Posted inBusiness, Nation & World, News
Colorado moves to cap price of arthritis drug Enbrel
It’s the first attempt by a state to set a price ceiling on any drug.
Posted inBusiness, Nation & World
Supreme Court to hear arguments on online content moderation
The two cases stem from challenges to laws in Texas and Florida that would restrict how the largest social media sites and other online platforms moderate their content.
Posted inBusiness, Nation & World, News
How Bankman-Fried allegedly spent billions in customer funds before FTX collapse
The crypto mogul blew through untold amounts of money as his company was collapsing.
Posted inBusiness
This week’s cellphone outage makes it clear: In the United States, landlines are languishing
In an increasingly digital United States, they’re more and more a remnant of a time gone by.
Posted inBusiness
Toyota recalls some pickups, SUVs because transmissions can deliver power even in neutral
Toyota said Wednesday that certain parts of the vehicles’ automatic transmissions may not immediately disengage when shifted into neutral.
Posted inBusiness
Crypto company to pay state for violating security laws
Maine’s payout, part of a $3 million settlement being divided among 26 states, will go into the state’s Securities Restitution Assistance Fund for investors who have lost money because of securities violations.
Posted inBusiness, Nation & World
On Wall Street, Nvidia shares surge amid AI boom, setting off a rally across tech
Nvidia’s stock price surged after delivering another blowout quarter, setting off a rally in other technology companies that carried Wall Street to another record high.
Posted inBusiness, Maine
Wiggly Bridge proposes scaled-back expansion following whiskey fungus concerns
The distillery in York had hoped to build two new barns to store and age its whiskey. They’re altering those plans to alleviate concerns that the distillery is spreading a fungus to its neighbors.