California – the epicenter for many tech layoffs in recent months – accounted for more than a third of the increase.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Juul will pay $462 million over youth vaping
The latest settlement includes restrictions on the marketing and distribution of the company’s products.
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Posted inBusiness
Stocks dip in up-and-down trading day
Wednesday’s update on inflation was a mixed one, showing consumer prices were 5% higher last month than a year earlier.
Posted inBusiness, Maine, New England, News
On third day, CMP corridor trial zeroes in on construction timing
The fate of the New England Clean Energy Connect project could hinge on when work began along the 145-mile corridor through western Maine – and why.
Posted inBusiness, Maine, News
Bill would mandate nurse-to-patient ratios in Maine hospitals
Supporters say nurses are spread thin and overworked, but the Maine Hospital Association says the mandate would restrict patient care.
Posted inBusiness, Nation & World, News
Your tax refund could be smaller than last year’s. Here’s why
An average of nearly 10% less money back is in part due to pandemic relief programs expiring.
Posted inArts & Entertainment, Business, Nation & World, News
NPR quits Twitter after being falsely labeled ‘state-affiliated media’
The privately owned nonprofit says it receives less than 1% of its annual budget from the federally funded Corporation for Public Broadcasting. PBS and the BBC were given the same label.
Posted inBusiness, Nation & World, News, Politics
Judge admonishes Fox lawyers over evidence gap in libel case
The judge expressed anger and frustration during a pretrial hearing after learning that Fox only recently turned over recordings of Fox Business host Maria Bartiromo talking with 2 lawyers for then-President Donald Trump.
Posted inBusiness, Nation & World, News
Cheaper gas and food provide some relief from U.S. inflation
Consumer prices were up just 5% in March, down sharply from February’s 6% year-over-year increase and the mildest such rise in nearly 2 years.
Posted inBusiness, Nation & World
Inflation slows but stays high enough for Fed to hike again
Much of the drop resulted from price declines for goods such as gas, used cars and furniture.