A controversial leader. A universally hated draft. Against all odds, climate negotiators reached their first-ever agreement on moving away from coal, oil and gas.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Congressional Budget Office projects lower inflation, higher unemployment over next 2 years
The office’s Current View of the Economy from 2023 to 2025 report estimates that the unemployment rate will rise to 4.4% by the end of 2024.
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Posted inBusiness, Nation & World, News
Tesla Autopilot recall threatens its defense in lawsuits over crashes
The electric vehicle company’s biggest recall ever threatens to hurt its defense in several high-profile lawsuits it faces over crashes linked to Autopilot.
Posted inBusiness, Maine, Morning Sentinel, News
Grant program boosts high-speed fiber internet access to Skowhegan area residents, businesses
The upgraded service comes amid ongoing efforts — and an investment of hundreds of millions of dollars — to bring faster internet service to communities across Maine.
Posted inBusiness, Maine, Morning Sentinel, News
Portland-based developer to turn historic Skowhegan property into workforce apartments
Brian Eng, who has taken up a special interest in the region over the past three years, is planning to convert his Airbnb at 31 Court St. into five long-term rentals.
Posted inBusiness, Maine
Maine Hire-A-Vet campaign places vets in well-paid jobs
The 2023 campaign surpassed the goal of 100 hires in 100 days set by Mills administration.
Posted inBusiness
Partners need funding for different take on fine dining in New Vineyard
Jared Rudnick and Lina Mamut are fundraising to make their dream of a fine dining restaurant owned by the employees become a reality.
Posted inBusiness, Nation & World, News
Why Argentina’s shock measures may be the best hope for its ailing economy
In the past five years, its currency has lost about 90% of its value against the U.S. dollar.
Posted inBusiness, News
Androscoggin Mill in Jay has a new owner
Pennsylvania-based Pixelle Specialty Solutions stopped production of paper in March and shut the mill down permanently.
Posted inBusiness, Nation & World, News
Retail sales rise 0.3% in November as Americans hit the gas on shopping, travel and restaurants
Americans picked up their spending from October to November as the unofficial holiday season kicked off, underscoring that shoppers still have power to keep buying.