A court decision could ultimately determine the future of a social platform used daily by 238 million people around the globe.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, Politics
Senate appropriators want $4 billion for ships the Navy didn’t seek
The fiscal 2023 bill requires the Navy to spend that $4 billion to build all or part of a destroyer, 2 amphibious ships, a cargo vessel and several troop-ferrying hovercrafts.
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Posted inBusiness, Nation & World, News
U.S. proposes to increase refund protections for air travelers
The federal government is proposing tougher rules for when airlines must give passengers refunds for changing their travel plans.
Posted inBusiness, Nation & World
Inspectors OK 1st Ukraine grain ship to cross Black Sea
Authorities’ first priority is bringing out vessels that have been stuck for months at the three Ukrainian ports.
Posted inBusiness, Nation & World
China blocks some Taiwan imports but avoids chip disruptions
With no official relations, the two sides have multibillion-dollar business ties.
Posted inBusiness, Nation & World
French lawmakers OK $20.3 billion to help with rising prices
The nation’s annual inflation is estimated to be running at 6.5 percent.
Posted inBusiness, Nation & World
OPEC boosts September oil output by slower pace
In the U.S., a gallon of regular gasoline was selling for $4.16 on average Wednesday.
Posted inBusiness, Nation & World, News
Musk response to Twitter lawsuit to be made public by Friday
Either Elon Musk or Twitter would be entitled to a $1 billion breakup fee if the other party is found responsible for the agreement failing.
Posted inBusiness, Maine, News
Short-term rentals to be focus of new state housing commission
The legislative panel will collect data to see how much of a role short-term rentals play in the housing crunch. It also is expected to consider statewide regulation.
Posted inBusiness, Nation & World
UN chief criticizes ‘grotesque greed’ of oil, gas companies
Antonio Guterres calls it ‘immoral’ that the largest of them made nearly $100 billion in profits in the 1st quarter.