Resilience in the labor market suggests that the Federal Reserve may see the need to keep raising interest rates in the coming months.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, New England
Bottle battle: Boston talks of banning tiny bottles of booze
A Boston city councilor has proposed barring city liquor stores from selling the single-serve bottles that hold 100 milliliters or less of booze – both as a way to address alcohol abuse and excessive litter.
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Posted inBusiness, Maine, News
As tech businesses shrink, Tyler Technologies says it will keep growing in Maine
The Texas firm, which has deep Maine ties, broke ground this week on a new office building in Orono.
Posted inBusiness
Medical marijuana facility in Farmington expanding
Canna Cabana at 184 Farmington Falls Road is adding more edibles and expanding into a smoke shop.
Posted inBusiness, Nation & World
EPA proposal takes on health risks near U.S. chemical plants
The proposed rules would reduce cancer risk and other exposure for communities that live close to harmful emitters, the EPA said.
Posted inBusiness
Harris promotes huge community solar deal in Georgia visit
The deal calls for solar projects capable of generating 1.2 gigawatts of electricity in Maine, Illinois and Maryland.
Posted inBusiness
IMF head expects less than 3% global economic growth in 2023
‘Poverty and hunger could further increase, a dangerous trend that was started by the COVID crisis,’ Kristalina Georgieva said.
Posted inBusiness, Maine, Morning Sentinel
Day’s Jewelers to move Waterville corporate offices to The Elm on College Avenue
The company will lease the first floor from local businessman Bill Mitchell, who says the City Council chambers and First Congregational Church United Church of Christ and its related Essentials Closet will remain on the lower level of the building.
Posted inBusiness, Nation & World, News
IRS pledges more audits of wealthy, better customer service
The agency’s newly released strategic operating plan lays out the specifics of how the IRS will allocate the $80 billion, through the fiscal year 2031, that was approved in that legislation.
Posted inBusiness
Are robot waiters the future? Some restaurants think so
Many think they are the solution to the industry’s labor shortages, but others say they aren’t much more than a gimmick.