Advisers will meet next week to review drugmaker Perrigo’s application.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Wall Street sinks on worries about banks
Helping to support stocks is a largely better-than-feared earnings reporting season.
Could AI pen ‘Casablanca’? Screenwriters take aim at ChatGPT
Though the Writers Guild of America is striking for better pay in an industry where streaming has upended many of the old rules, AI looms as rising anxiety.
TurboTax customers to receive checks in $141 million settlement
TurboTax’s owner Intuit Inc. was ordered to pay $141 million to low-income consumers who were deceived into paying TurboTax to file their federal returns, despite being eligible for free, federally supported tax services.
U.S. adds a strong 253,000 jobs despite Fed’s rate hikes
The unemployment rate ticked down to 3.4%, matching a 54-year low.
Vice President Harris meets with CEOs about artificial intelligence risks
Vice President Kamala Harris met with the heads of Google, Microsoft and 2 other companies developing artificial intelligence.
Mainers will decide whether to replace CMP, Versant with a nonprofit utility
After a 2-hour public hearing on Thursday, a legislative committee sent the referendum question to voters in November.
Wall Street sinks as bank fears flare
Wall Street has been hunting for other possible weak links in the system, which could see a swift exodus of customer deposits as the industry contends with much higher interest rates.
Lawmakers mull bill to limit nurse-to-patient ratios in Maine hospitals
The legislation is intended to reduce the patient load for overworked nurses, but hospital officials say the bill would do nothing to address a shortage of clinicians.
Plans underway to rebuild after fire destroyed buildings in downtown Waterville
Construction could begin as soon as this fall on a new structure to replace the buildings that housed The Last Unicorn restaurant, which were destroyed by fire April 23.