Bud Light’s partnership with a transgender influencer angered some customers and hurt sales.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
U.K. blocks Microsoft-Activision gaming deal, biggest in tech
Regulators worry the $69 billion deal to buy video game maker Activision Blizzard would stifle competition in the cloud gaming market.
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Posted inBusiness, News
Maine home foreclosures plummet while sales drop, prices inch up
New data on foreclosure filings and on recent home sales create a mixed outlook for the state’s residential real estate market. But it appears stronger than those in many other states.
Posted inBusiness, Kennebec Journal, Maine
Commercial transfer station approved in Gardiner business park
Gardiner Transfer Co., which already has a maintenance facility in the Libby Hill Business Park, has received approval to add a commercial transfer facility to the site to support its trash hauling business in central Maine.
Posted inBusiness, Maine, News
Two more years for 207: Maine’s sole area code will last to 2029, officials say
The Maine Public Utilities Commission has been trying to preserve the use of 207 phone numbers to avoid adding a second area code in Maine.
Posted inBusiness, Nation & World, News
Disney sues DeSantis, calling park takeover ‘retaliation’
Disney is alleging the governor waged a ‘targeted campaign of government retaliation’ after the company opposed a law critics call ‘Don’t Say Gay.’
Posted inBusiness, Food & Dining, Maine, News
Alcohol to go is here to stay
The once-temporary measure to help restaurants and bars during the pandemic became law on Monday, and now includes beer and wine by the glass as well as cocktails.
Posted inBusiness, Nation & World
Coronation gives tourism boost, but U.K. economy still reeling
Tour companies, shops and restaurants are rolling out the red carpet for visitors looking to go all out to mark the momentous occasion.
Posted inBusiness
First Republic Bank stock plunges as depositors flee
The bank likely will have lower profits for years and anyone who buys it will see an immediate loss.
Posted inBusiness
U.S. consumer confidence falls for 3rd time in 4 months
Spending has remained strong despite the Federal Reserve raising interest rates nine straight times since March of last year.