A federal prosecutor says a wealthy Russian businessman and associates made nearly $90 million dollars cheating the stock market in an elaborate scheme of hacking into U.S. computer systems to steal insider information.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Dolphins, humans both benefit from fishing collaboration
In Brazil, scientists have, for the first time, used drones, underwater sound recordings and other tools to document how local people and dolphins coordinate actions and benefit from each other’s labor.
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Posted inBusiness, Maine, News
More Maine public schools get solar energy
The installation of an array on a farm in Livermore Falls, paid for by the federal government, will help power five public schools in the state.
Posted inBusiness
There’s an ugly side to Maine harness racing
Horses have been subjected to drugging and abuse, with more than 600 violations issued by the state governing body for the sport since 2016.
Posted inBusiness, Maine, News
Inside the National Weather Service in Gray: webcams, balloons and artful patience
The office of 15 meteorologists gathers data and makes forecasts that inform countless decisions by Mainers, businesses and even other weather forecasters.
Posted inBusiness, Maine, Politics
Time seems ripe for bipartisan action on income tax cuts in Maine
As the state enjoys a record surplus, lawmakers from both parties have submitted proposals that would reduce taxes for lower-income Mainers.
Posted inBusiness, Maine, New England, News
Storm surge: To get lights back on, Maine pays a premium for crews from away
Weather is creating more disruption to electricity service, and the state’s utilities – and ratepayers – are racking up larger bills for the extra help that’s needed as a result.
Posted inBusiness
Wall Street adds to big January after strong week
American Express jumps 10.5%, while Tesla rises 11%.
Posted inBusiness, Kennebec Journal, Maine
Three awards cap off annual business celebration at the Kenney Awards
More than 800 people turned out for the Kennebec Valley Chamber of Commerce’s annual Kenney Awards at the Augusta Civic Center.
Posted inBusiness, Maine
Ban on pesticides with PFAS feeds concern about unintended impacts
Some Maine farmers, including some of its 300 certified organic farmers, worry they soon won’t be able to defend their crops from pests, said Julie Ann Smith of the Maine Farm Bureau.