The president visits a family farm in Illinois as his administration announces three policy shifts to help American farmers amid global challenges.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
U.S. inflation dips from four-decade high but still causing pain
Wednesday’s report on consumer prices contained some cautionary signs that inflation may be becoming more entrenched.
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Posted inBusiness
Bill Gates says he has COVID, experiencing mild symptoms
Microsoft co-founder Bill Gates says he has tested positive for COVID-19.
Posted inBusiness, Maine
Power corridor developer defends embattled project before Maine’s highest court
The Maine Supreme Judicial Court heard two separate cases Tuesday involving the contested NECEC power line project.
Posted inBusiness, Nation & World
Carvana cuts 2,500 jobs, execs to forgo pay for severance
The layoffs come just a few weeks after Carvana posted a $506 million loss in the first quarter, six times larger than the same period a year ago.
Posted inBusiness, Nation & World
Parents hunting for baby formula as shortage spans U.S.
Retailers have started limiting purchases to 3 containers per customer.
Posted inBusiness, Nation & World
Elon Musk says he would reverse Twitter’s ban of Donald Trump
The billionaire, who plans to buy the social media company, said permanent bans of Twitter accounts should be rare and reserved for accounts that are scams or automated bots.
Posted inBusiness, Nation & World, News
WHO calls on Pfizer to make its COVID pill more available
The head of the World Health Organization noted that most countries in Latin America had no access to Pfizer’s drug, Paxlovid.
Posted inBusiness, Nation & World, News
Amazon fires 2 union organizers tied to first U.S. labor win
Amazon claims the “cases are unrelated to each other and unrelated to whether these individuals support any particular cause or group.”
Posted inBusiness, Nation & World
Fed: Inflation, Ukraine biggest threats to financial system
The Federal Reserve no longer views the coronavirus pandemic as the biggest threat.