Solid growth at its theme parks helps offset a tepid performance in its video streaming and movie business.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, Politics
In new role, Bernie Sanders demands answers from interim Starbucks CEO
He also mentions Amazon as another company he believes has acted illegally against unions.
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Posted inArts & Entertainment, Business
Netflix steps up its effort to get paid for account sharing
Some version of the plan is expected to be introduced in the U.S. in the next few weeks.
Posted inBusiness
Stocks fall on Wall Street, giving back some recent gains
Investors also review another set of mixed earnings reports from big companies.
Posted inBusiness, Nation & World
Court upholds Washington residency requirement for pot industry
The ruling was at odds with a decision from a federal court judge in Maine who struck down a residency requirement in the state’s medical marijuana program.
Posted inBusiness, Maine, News
Lebanon store that sold winning Mega Millions ticket gets a big bonus
Fred Cotreau, owner of the Hometown Gas and Grill, received $50,000 Wednesday for selling the winning lottery ticket.
Posted inBusiness, Nation & World
Twitter scrambles to fix meltdown as many unable to tweet
Twitter engineers and experts have been warning that the platform is at an increased risk of fraying since Musk fired most of the people who worked on keeping it running.
Posted inBusiness, Maine, News
Tax season thrown into chaos as IRS weighs taxing Maine relief checks
Even though some taxpayers already have filed, the state is one of nearly two dozen where federal officials have yet to determine whether the payments are taxable.
Posted inBusiness, Maine
To-go alcoholic drinks may be here to stay
Despite objections from public health advocates, a legislative committee voted Wednesday in favor of permanently legalizing the pandemic-era practice of to-go cocktails, wine, and beer.
Posted inBusiness, Maine, Maine Crime, News
Rockport man pleads guilty to fraudulently getting $1 million in COVID-19 loans
The U.S. Attorney’s Office says Mark X. Haley used some of the Paycheck Protection Program funds to make a down payment on a sailboat.