After rising again Friday, it’s near its highest level against six major currencies in over 20 years.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, News
Immigrants may hold a key to solving Maine’s labor shortage
As more people leave the state’s workforce than enter it, new Mainers may play a vital role in filling the gaps.
advertisement
Posted inBusiness, Maine, News
Effects of climate change underlie CMP rate hike request
Everyone wants a stronger grid. But can beleaguered customers afford it now?
Posted inBusiness
Bountiful: Somali Bantu farm in Wales reaping a harvest
80% of the commercial operation crop helps feed hungry Mainers.
Posted inBusiness, Nation & World
Depositors storm 5 banks as Lebanon’s cash crisis worsens
The break-ins reflect public anger at strict informal controls on withdrawals.
Posted inBusiness, Nation & World
California governor signs sweeping climate legislation
One law bill requires the state to reach carbon neutrality by 2045.
Posted inBusiness, Nation & World
Germany taking control of 3 Russian-owned oil refineries
The move aims to help ensure continued energy supplies.
Posted inBusiness
Treasury recommends exploring creation of digital dollar
The central bank currency would be a direct liability of the Federal Reserve, not a commercial bank.
Posted inBusiness
Wall Street falls as FedEx warning adds to market woes
All the major indexes have posted losses four out of the past five weeks.
Posted inBusiness, Nation & World
After serious breach, Uber says services operational
The hacker got access to systems where customer data such as driver’s licenses are stored, the ride-hailing service says.