Business - Centralmaine.com

Business, Nation & World, News

Fed raises key rate but hints it may pause amid bank turmoil

by CHRISTOPHER RUGABER Associated Press May 3, 2023May 3, 2023

The Federal Reserve raised its key interest rate by a quarter-point to the highest level in 16 years.

Business

‘Godfather of AI’ leaves Google, warns of tech’s dangers

by MATT O'BRIEN and WYATTE GRANTHAM-PHILIPS Associated Press May 2, 2023May 2, 2023

Geoffrey Hinton, 75, says he retired from Google so that he could speak openly about the potential risks as someone who no longer works for the tech giant.

Business, Maine, News

As summer nears, most Maine tourism businesses are understaffed

by Hannah LaClaire May 2, 2023May 3, 2023

Seaside hotels, tour buses, restaurants and other Maine employers are facing labor shortages that could affect many businesses’ peak season.

Business

Apple, Google partner to combat creepy tracking tactics

by Associated Press May 2, 2023May 2, 2023

Stalkers have deployed Bluetooth products to shadow former love interests and other people who don’t realize they are being tracked.

Business

Bowdoinham Recycling Barn gift shop will get a facelift

by Maria Skillings May 2, 2023May 3, 2023

Bowdoinham Recycling Barn owner David Berry received a $15,000 grant for structural upgrades to the town’s reuse program at the Bowdoinham Gift Shop.

Arts & Entertainment, Business, Nation & World, News

Hollywood writers go on strike over fair pay; late-night shows will go dark

by JAKE COYLE AP Film Writer May 2, 2023May 2, 2023

Writers Guild members say they’re making much less money and working under more strained conditions with the explosion of streaming.

Business, Nation & World, News

U.S. job openings dip to 9.6 million, lowest since 2021

by PAUL WISEMAN AP Economics Writer May 2, 2023May 2, 2023

U.S. job openings fell in March to the lowest level in nearly two years, a sign that the American labor market is cooling in the face of higher interest rates.