Franklin Savings Bank’s Community Development Foundation has this year awarded $51,000 in college scholarships to 21 students from 11 local high schools and four technical centers. Recipients benefited from scholarships ranging from $1,500 to $3,000. Scholarships awarded to the area high-schools have been specially designated for students with an inclination towards business-related programs, covering areas […]
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inArts & Entertainment, Business
‘Dune: Part Two’ release postponed to 2024 as actors strike lingers
The release of “Dune: Part Two,” one of the fall’s most anticipated films, has been postponed from November until next near
advertisement
Posted inBusiness, Uncategorized
Iran and Saudi Arabia among six countries set to join China, Russia in BRICS economic bloc
The bloc’s move to expand shows signs of strengthening a China-Russia coalition as tensions with the West spiral higher.
Posted inBusiness, Nation & World, Uncategorized
Hopeful signs of an economic ‘soft landing’ emerge in Jackson Hole as Fed meets with world watching
Business these days in Jackson Hole, Wyoming, is still good – just not as robust as it was after the U.S. economy roared out of the pandemic recession.
Posted inBusiness, Uncategorized
Fewer Americans apply for jobless benefits as labor market keeps humming along
The four-week moving average of claims, a less volatile measure, rose by 2,250 to 236,750.
Posted inBusiness, Nation & World, News
Average long-term U.S. mortgage rate jumps to 7.23%, highest level since June 2001
It is another blow to would-be homebuyers grappling with rising home prices and a stubbornly low supply of properties on the market.
Posted inBusiness, Food & Dining
Starbucks’ Pumpkin Spice Latte turns 20, beloved by millions and despised by some
The seasonal beverage has produced a huge – and growing – industry of imitators.
Posted inBusiness, Maine, News
Soggy, late hay harvest could further imperil struggling farms
Wet weather has prevented farmers from harvesting hay, leaving them with costly or unappealing options to feed their livestock.
Posted inBusiness, Nation & World, News
Massachusetts rent control supporters say ballot question is valid as opposition mounts
The ballot question, filed by state Rep. Mike Connolly, a Cambridge Democrat, scraps a portion of state law banning rent control and replaces it with new language allowing municipalities to set the rules for residential evictions, brokers fees, the removal of housing units from the rental housing market, and rents.
Posted inBusiness
Dollar Tree settles on plan to address safety violations in Maine, nationwide
OSHA will require the company to pay $1.35 million for penalties and to make sweeping, systematic changes to address issues commonly found at stores in Maine and across the U.S.