The company is recalling certain Lincolns from the 2015 to 2019 model years.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, Politics
Biden celebrates a ‘crisis averted’ in Oval Office address on bipartisan debt ceiling deal
In both chambers, more Democrats backed the legislation than Republicans, but both parties were critical to its passage.
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Posted inBusiness, Maine, News
At $10 million, one of the priciest homes in Maine history goes to former SEC chair
Richard Breeden, known as ‘King Richard’ at the Securities and Exchange Commission, bought the Knox County estate in the most expensive home sale so far this year and the 6th-highest ever in Maine.
Posted inBusiness
Money stored in Venmo, other payment apps could be vulnerable, financial watchdog warns
The apps’ funds may not be covered by deposit insurance, the Consumer Financial Protection Bureau warned on Thursday.
Posted inBusiness
U.S. turns up pressure on air bag inflator company that refuses a recall
ARC Automotive’s inflators can explode with too much force and expel shrapnel. The explosions have caused deaths and injuries.
Posted inBusiness
India pauses plans to add new coal plants for 5 years
The country, currently reliant on coal for around 75% of its electricity, is betting on renewables and batteries.
Posted inBusiness
In Canada, each cigarette will get a warning label
Six separate warnings will be printed directly on individual cigarettes as Canada becomes the first in the world to take that step aimed at helping people quit the habit.
Posted inBusiness
Know any airplane mechanics? A wave of retirements is leaving some U.S. industries desperate to hire
Across the U.S. economy, a number of industries – in fields such as construction, manufacturing, nursing and some professional industries like accounting – are facing the same formidable challenge.
Posted inBusiness, Maine, Morning Sentinel
Oakland officials hope state’s OK of financing tool will lead to reinvigorated downtown
Town Manager Ella Bowman said she hopes designating downtown as a tax increment financing district, or TIF, will help fill empty storefronts with a restaurant and other businesses.
Posted inBusiness, Lewiston-Auburn
Issues at Auburn-Lewiston Municipal Airport continue to frustrate aviation community
Another staffing crunch led airport officials to issue a notification that no fuel would be available from last Sunday afternoon through Tuesday morning.