The recall covers models Y, S, 3 and X produced between Oct. 5, 2012, and Dec. 7 of this year.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Fed enters last leg of inflation fight with little ‘pain’ so far
Federal Reserve Chair Jerome Powell has continued to indicate that further improvements to inflation may require the Fed to apply more downward pressure to the ‘demand side’ of the economy, which could result in more job losses than currently expected.
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Posted inBusiness
Sheriff’s office says Tesla was running on Autopilot moments before tractor-trailer crash
With Autopilot, a Tesla can steer, accelerate and brake automatically in its lane, the website says.
Posted inBusiness
Epic wins its antitrust lawsuit against the Play Store. What does this verdict mean for Google?
A federal court jury decided that Google’s payments system was anticompetitive and damaged smartphone consumers and software developers.
Posted inBusiness
How rising prices for restaurants, car repair and other services kept inflation up in November
Sinking gas prices pushed back, but could only manage a .1 percentage point drop in the inflation from October’s 3.2%.
Posted inBusiness, Maine, News
Portland residents ask jetport to increase parking without paving over woodland
Portland International Jetport officials presented the surface parking proposal as it enters the public review process.
Posted inBusiness, Nation & World, News
Standoff over future of fossil fuels pushes climate summit into overtime
Another compromise version of the cornerstone document, called the global stocktake, was being prepped Tuesday evening.
Posted inBusiness, Maine, News
Maine officials accuse IRS of reversing pledge by taxing $450 state energy payments
The state says the IRS backed out of federal tax exemption for payments intended to help 880,000 Mainers cope with high energy costs last winter.
Posted inBusiness, Nation & World, News
U.S. consumer inflation eased slightly as gas prices fell, though some costs kept surging
Compared with a year earlier, prices were up 3.1% in November, down from a 3.2% year-over-year rise in October.
Posted inBusiness, Lewiston-Auburn, News
31 positions eliminated as St. Mary’s lays off employees, cuts hours for some amid financial woes
The hospital has ended its fiscal year in a financial deficit for several of the last five years.