The yield on the 10-year Treasury jumps to 3.04 percent.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Biden orders emergency steps to boost U.S. solar energy production
The president’s actions aim to increase domestic production of solar panel parts, building installation materials, high-efficiency heat pumps and other components including cells used for clean-energy generated fuels.
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Posted inBusiness, Word on the Street
Word on the Street: Augusta’s Wander Pizza Co. closing
The pizza shop on Western Avenue is shutting their doors and the owners are heading to southern Maine for their next adventure.
Posted inBusiness, Maine Cannabis Report, Nation & World
California school kids sickened after eating cannabis candy
A third-grade classroom was initially evacuated over concerns kids might have been reacting to carbon monoxide exposure.
Posted inBusiness, Nation & World
Elon Musk threatens to walk away from deal to buy Twitter
Lawyers for the Tesla CEO say they have repeatedly asked for the information since May 9 so he could evaluate how many of the company’s 229 million accounts are fake.
Posted inBusiness, Maine Cannabis Report, New England
‘Gifting’ cannabis now carries $1,000 fine in Connecticut
Officials complain of thousands attending unregulated events since marijuana was legalized last year.
Posted inBusiness, Maine Cannabis Report
As cannabis industry expands to pricier, high-profile sites, social equity applicants left behind in Chicago
Prospective business owners hurt by the war on drugs were supposed to be helped through a special license lottery, but a lawsuit has the program in limbo while the rest of the industry takes off.
Posted inBusiness, News
Central Maine business briefs: Maine Venture Fund partners with Dirigo Labs
People & Places: Skowhegan Savings hires assistant vice president and commercial lender
Posted inBusiness, Maine
Maine’s landmark recycling reform law will take years to implement
It could take 4 years for the state to craft detailed regulations that make big corporations shoulder the local cost of disposing of hard-to-recycle packaging they produce.
Posted inBusiness, Nation & World
Stocks sink as Wall Street eyes downside of solid jobs data
Higher interest rates expected from the Federal Reserve would put downward pressure on stocks and other investments.