The toymaker employs about 740 full-time employees at its North American headquarters.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Soaring egg prices prompt demands for price-gouging probe
The spike in egg prices has been attributed to the millions of chickens that were slaughtered to limit the spread of bird flu and farmers having to compensate for inflation driving up their costs.
advertisement
Posted inBusiness
War on drugs locked him up. Now he’s a cannabis entrepreneur
Roland Connor’s Manhattan shop is the first to benefit from a program that allocated dispensary licenses for people with marijuana-related convictions.
Posted inBusiness, Maine, News
Maine would buy offshore wind power in huge quantities under proposed law
New legislation would require the Public Utilities Commission to procure enough electricity from offshore wind farms to power 980,000 homes.
Posted inBusiness
Justice Department sues Google over digital advertising dominance
The lawsuit accuses the tech giant of unlawfully monopolizing the way ads are served online by excluding competitors.
Posted inBusiness, Nation & World
Elon Musk defiantly defends himself in Tesla tweet trial
The CEO continues to insist he secured financial backing for what would have been a $72 billion buyout in 2018.
Posted inArts & Entertainment, Business, Nation & World, News
Senators grill Ticketmaster after Taylor Swift fiasco
They also went after the price of tickets and fees, which now average 27% of the ticket cost and can climb as high as 75%.
Posted inBusiness, Nation & World
EPA considers tougher regulation of livestock farm pollution
The U.S. Environmental Protection Agency has not revised its rules dealing with the nation’s largest animal operations since 2008.
Posted inBusiness, Maine, News
Tech company Garmin plans 50 hires, build-out at its Yarmouth site
The maker of GPS and navigation devices is quietly expanding at the former headquarters of mapmaker DeLorme, where Eartha keeps turning.
Posted inBusiness
Amazon discloses fresh wave of job cuts as tech layoffs worsen
It’s cutting almost 300 jobs in the Bay Area as part of its decision to eliminate 18,000 jobs worldwide.