The number of Christmas tree farms in Maine continues to decline, but those still in operation say sales this season have exceeded expectations.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
World economy to slow next year because of inflation, high rates and war, OECD says
The Organization for Economic Cooperation and Development expects the world’s two biggest economies, the United States and China, to decelerate next year
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Posted inBusiness, Maine
Maine lobstermen signal opposition to participating in ropeless testing program
The state has been awarded $5.1 million to research alternatives to the traditional trap-and-buoy lobster gear that requires vertical lines that can entangle whales.
Posted inBusiness, Nation & World, Sports
Sports Illustrated is the latest media company damaged by an AI experiment gone wrong
The online magazine stands accused of being less than forthcoming about who or what is writing its stories at the dawn of the artificial intelligence age.
Posted inBusiness
Charlie Munger, Warren Buffet’s longtime sidekick at Berkshire Hathaway, dies at 99
Charlie Munger, who helped Warren Buffett build Berkshire Hathaway into an investment powerhouse, has died.
Posted inBusiness
American consumers more confident in November as holiday shopping season kicks into high gear
The slight uptick follows three straight months of declines.
Posted inBusiness
Saudi Arabia’s capital Riyadh chosen to host the 2030 World Expo
Its bid focused on how to shape a prosperous and sustainable future.
Posted inBusiness
New Google geothermal electricity project could be a milestone for clean energy
Google announced Tuesday that the project has begun pumping carbon-free electricity onto the Nevada electric grid to feed Google data centers there.
Posted inBusiness
Key Fed official raises possibility of a rate cut by spring if inflation keeps slowing
Christopher Waller, a member of the Fed’s Board of Governors, has become somewhat of a bellwether for the body’s overall rate-setting panel.
Posted inBusiness
High-fat flight is first jetliner to make fossil-fuel-free trans-Atlantic crossing from London to N.Y.
The first trans-Atlantic flight by a commercial jet powered solely by so-called sustainable aviation fuel has flown from London to New York.