The SAG-AFTRA Foundation announced Wednesday that its Emergency Assistance Program raised more than $15 million in the last 3 weeks.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
Bath Iron Works awarded contract for 3 Navy destroyers
The shipyard is expected to finish building the Flight III Arleigh Burke-class destroyers between 2023 and 2026.
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Posted inBusiness, Nation & World
Vintage computer that helped launch the Apple empire is being sold at auction
The Apple-1 set in motion the company that in June became the first publicly traded business to close a trading day with a $3 trillion market value.
Posted inBusiness, Nation & World, News
Ford restarts factory after retooling to increase F-150 output, says orders are up
Two weeks ago, Ford slashed prices on the electric trucks by thousands of dollars across the board in anticipation of increased factory output, falling costs for battery raw materials and internal efforts to scale production.
Posted inBusiness, Nation & World
Customers want instant gratification. Workers say it’s pushing them to the brink
Drastic changes in consumer demands are driving labor unrest in diverse industries upended by technology.
Posted inBusiness, Nation & World, News
Chatbots sometimes make things up. Is AI’s hallucination problem fixable?
Anthropic, ChatGPT-maker OpenAI and other major developers of AI systems known as large language models say they’re working to make them more truthful. How long that will take remains to be seen.
Posted inBusiness, Nation & World, News
The first generation of solar panels will wear out. A recycling industry is taking shape
The largest solar panel recycling plant in North America has opened in Yuma, Arizona, just as the flow of used and spent solar panels sharply ramps up.
Posted inBusiness, Nation & World, News
CVS to cut 5,000 jobs across its workforce
The pharmacy giant operates 26 stores in Maine.
Posted inBusiness, Maine, News
Regulators to consider allowing Maine fishermen to catch more valuable baby eels
The eels are typically worth more than $2,000 per pound because of their value to Asian aquaculture companies, which raise them to maturity and sell them for use in Japanese restaurants around the world.
Posted inMaine Commercial Real Estate, Sponsored
For sale: Industrial/flex building in Brewer, Maine
$1.75 million | 541 Wilson Street/U.S. Route 1, Brewer