The economic crisis in Lebanon has been described as one of the worst in the world in 150 years.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Stocks close higher, but indexes still end week in the red
Johnson & Johnson shares rise 1.2 percent after the company announced it would divide itself into two separate businesses.
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Posted inBusiness, Maine
Maine to expand mental health help for farmers
Farmers in Maine and beyond have had to contend with the coronavirus pandemic, droughts and supply chain difficulties in recent months and years.
Posted inBusiness, Nation & World
Online gamblers sue, say slots game refuses to pay winnings
A Pennsylvania woman says the online game showed she had won $100,000, but the company told her she had actually won $300, and blamed a bug in the system.
Posted inBusiness, Maine, Nation & World
Environmentalists can continue with lawsuit to protect whales
The groups want to expand areas and times in which a vessel speed limit applies, make the speed limits mandatory, and apply them to small and large vessels.
Posted inBusiness, Nation & World
A near-record 4.4 million Americans quit their jobs in September
Businesses and other employers continued to post a near-record number of available jobs.
Posted inBusiness, Uncategorized
Biden: Infrastructure bill will ease economy woes, just wait
The president asks Americans to be patient and let construction begin.
Posted inBusiness
Explainer: Why U.S. inflation is so high, and when it may ease
As any American who has bought a carton of milk, a gallon of gas or a used car could tell you, inflation has settled in.
Posted inBusiness, Uncategorized
Stocks eke out small gains, still headed for weekly loss
The muted gains on Thursday follow a broad drop on Wednesday when every major index slipped on over a hotter-than-expected inflation report.
Posted inBusiness, Uncategorized
Who’s going back to the movies? So far, not everyone
Hollywood is tracking closely just how many moviegoers it might have lost in a pandemic interim where streaming services made major inroads into homes and exclusive theatrical windows splintered.