TIPS FROM THE FEDERAL TRADE COMMISSION Be suspicious of anyone who asks for a cash deposit up front to see a property or asks you to wire a deposit. Try searching the local property appraiser’s website to find out who the current property owner is and look for contact information online. Avoid doing transactions via […]
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
Real estate fraud in Maine rising as scammers take advantage of tight housing market, desperate buyers
Real estate is the third most common sector for fraud attempts behind construction and commercial services, according to the findings of a 2019 report by the Department of Treasury.
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Posted inBusiness, Nation & World, New England
Former owner of ski resorts gets 5 years in largest Vermont fraud case
He kept up to $37 million intended for the construction of a biotechnology plant, prosecutors say.
Posted inBusiness, Maine, Nation & World
Maine, 15 other states that want to electrify USPS fleet file lawsuits
They contend that purchases of fossil fuel-powered delivery vehicles will cause environmental harm for decades to come.
Posted inBusiness, Uncategorized
New gas pipeline boosts Europe’s bid to ease Russian supply
European countries that are dependent on Russian imports are looking to get greater access to the global natural gas market through a new pipeline that crosses a remote border area between Greece and Bulgaria.
Posted inBusiness, Uncategorized
Elon Musk sells $8.5 billion in Tesla stock as he readies to buy Twitter
The world’s richest man, who is the CEO of Tesla, tweeted Thursday night that he doesn’t plan any further sales of the company’s shares.
Posted inBusiness, Uncategorized
Google adds ways to keep personal info private in searches
Google Search earlier had permitted people to request that highly personal content that could cause direct harm be removed.
Posted inBusiness, Uncategorized
Poland is restoring gas supplies halted by Russian firm
Poland’s state gas giant says it is gradually restoring the flow of gas to the municipalities using a Russian company’s infrastructure.
Posted inBusiness, Uncategorized
Tech stocks sink again, Nasdaq has worst month since 2008
More steep losses for technology stocks pushed the S&P 500 down 3.6% on Wall Street Friday.
Posted inBusiness, Nation & World, News
Musk’s Twitter pitch featured layoffs, ways to monetize platform
On calls with teams of bankers before the deal was announced, Musk fielded questions on how he would generate financial returns at Twitter.