The Kennebec Valley Chamber of Commerce’s Kenney Awards returns to a live, formal event at the Augusta Civic Center on Friday, where members will honor award winners for their accomplishments.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Elon Musk testifies in 2nd day of Tesla tweet trial
The CEO maintains he locked up financial backing for a Tesla buyout in 2018 and wasn’t trying to mislead investors.
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Posted inBusiness
Is tipping getting out of control? Many consumers say yes
Workers say the extra money is a helpful income supplement, but some customers are bristling at the request at coffee shops and other counter service eateries where tipping has not typically been expected and staff make at least minimum wage.
Posted inBusiness, Maine, Nation & World, News
U.S. regulators deny emergency request to slow ships to ease whale strikes
Environmental groups argue that protecting the whales while they are on the move is especially important because mother whales and their young are at risk.
Posted inBusiness, Nation & World, News
Biden’s next climate hurdle: Enticing Americans to buy green
It’s a public relations challenge that could determine whether the country meets Biden’s ambitious goal to cut greenhouse gas emissions in half by 2030.
Posted inBusiness, Nation & World, News
Spotify latest tech company to cut jobs by slashing 6% of workforce
Big tech companies like Amazon, Microsoft and Google announced tens of thousands of job cuts this month.
Posted inBusiness, Times Record
Iconic Woolwich restaurant up for sale
Owners of the seafood eatery confirmed in a Facebook post last week they are attempting to sell their business .
Posted inBusiness, Nation & World
Door of No Return: Yellen visits onetime slave-trading post
The Treasury secretary, on a trip aimed at rebuilding U.S.-African economic relations, acknowledged the ongoing ramifications of a brutal past.
Posted inBusiness, Nation & World
Justice Department investigating Abbott baby formula plant
NEW YORK — The U.S. Justice Department is investigating the Abbott Laboratories infant formula plant in Michigan that was shut down for months last year due to contamination, the company confirmed. The factory’s closure in February 2022 was a key cause of a nationwide baby formula shortage that forced parents to seek formula from food […]
Posted inBusiness, Nation & World, News
U.S. Treasury Secretary Janet Yellen says debt standoff risks ‘calamity’
The Biden administration and Republican lawmakers have been at loggerheads over how to increase the government’s legal borrowing capacity.