A new estimate finds the U.S. could face an unprecedented default on its obligations as soon as early June if Congress does not act to lift the debt limit.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
Winner of $1.35 billion Mega Millions jackpot claims prize
The winner remains anonymous after coming forward through a company that acted as a legal representative.
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Posted inBusiness, Maine, Morning Sentinel
Gifford’s unable to produce ice cream following fire at Skowhegan facility
Gifford’s Famous Ice Cream announced Tuesday it is unable to produce ice cream out of their Skowhegan facility after a fire damaged their production area earlier this month, but are exploring some temporary solutions.
Posted inBusiness, Maine, News
Right to Repair ballot initiative petitions approved by Maine secretary of state
The issue will go before voters in November unless the Maine Legislature approves it this session.
Posted inBusiness, Nation & World
U.S. home sales fell again in January; prices edged higher
The median U.S. home price edged up 1.3% from January last year to $359,000.
Posted inBusiness, Nation & World
Buttigieg urges safety changes after fiery Ohio derailment
The transportation secretary wants the nation’s freight railroads to immediately act to improve safety while regulators try to strengthen safety rules.
Posted inBusiness, Maine, Morning Sentinel
Waterville’s Inland Hospital to partner on ‘immersive learning’ center that simulates health care conditions
Purdue Global School of Nursing is partnering with Northern Light Inland Hospital in Waterville to build the innovative learning center next to the hospital.
Posted inBusiness, Nation & World, News
Supreme Court weighs Google’s liability in ISIS terror case
The justices seemed concerned about upending the internet in their interpretation of a 1996 law that shields Google, Twitter, Facebook and other companies from lawsuits over content posted on their sites by others.
Posted inBusiness, Lewiston-Auburn
Working: Claude Marichal, master machinist at Elmet Technologies
Four decades — and many jobs — at one building.
Posted inBusiness, Food & Dining, Green plate special, Recipes
From scourge to sauce? Fish sauce may be the answer to stopping the invasive green crab
Working with scientists, a local chef has developed an Asian fish sauce from the crabs. It’s local, pungent and could be one way to reduce the crabs’ numbers.