With borrowing rates high and inflation still relatively elevated, consumers are expected to spend more cautiously.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Election 2023, Maine, Politics
Question 4: What you need to know about the right-to-repair referendum
The technology to keep your vehicle on the road is changing. This referendum deals with who should have the right to repair it.
advertisement
Posted inBusiness, Times Record
Climate demonstrators call for L.L. Bean to discourage fossil fuel investment
Demonstrators have been stationed outside the Freeport flagship retail store for weeks, calling for the company to discourage Citibank from investing in new fossil fuel infrastructure or to divest entirely.
Posted inBusiness, Nation & World, News
Climate destruction fuels growing sector of the U.S. economy
The overall price tag of global warming has long been the subject of debate. New data from Bloomberg Intelligence has put a number on the cost of burning fossil fuels.
Posted inBusiness
Uber rolls out package return service so you don’t have to go to the post office
The technology company announced Wednesday it is rolling out its package return option in dozens of major metropolitan areas across the country this week.
Posted inBusiness, Election 2023, Maine, News, Politics
Natural Resources Council of Maine backs public utility ballot measure
The state’s most well-known environmental advocacy group says that Pine Tree Power ‘offers our best chance to advance the clean energy transition with the accountability, creativity and collaboration necessary to keep costs as low as possible.’
Posted inBusiness, Maine, Nation & World, News
U.S. Supreme Court hears disability case involving Maine hotel
The former owner of Coast Village Inn and Cottages in Wells is challenging a civil rights tester, who sued the hotel for not publishing information about the accessibility of its facilities as required by the Americans with Disabilities Act.
Posted inBusiness, Health, Nation & World
Thousands of workers join what’s expected to be largest health care strike in U.S. history
Picketing has begun at Kaiser Permanente hospitals as some 75,000 workers who say understaffing is hurting patient care go on strike in 5 states and the District of Columbia.
Posted inBusiness, Maine, News
Maine needs 84,000 new homes in the next 7 years, report finds
The study is the first to examine the need for housing both now and in the future, and across all income levels statewide.
Posted inBusiness
Supreme Court justices signal support for U.S. consumer agency’s funding system
The Consumer Financial Protection Bureau’s backers say it has provided crucial safeguards against corporate power.