But applications remain at slightly elevated though not troubling levels.
News
Local, state and national news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
France warns of nuclear cuts as European heat intensifies
The French utility uses water to cool its reactors before releasing it into the rivers, and overheating the waterway can threaten fish and other wildlife.
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Posted inNation & World, News
Former Uvalde schools police chief says he’s being ‘scapegoated’ over response to mass shooting
Pete Arredondo and another former district police officer are the only 2 people to have been charged over their actions that day, even though nearly 400 local, state and federal officers responded to the scene.
Posted inElection 2024, Maine, News, Politics
Effort to overturn popular vote bill fails, as activists consider next steps
Organizer James DuPrie said his group is eyeing other ways to prevent Maine from joining 16 other states and Washington, D.C., pledging to commit their Electoral College votes to the presidential candidate who wins the national popular vote.
Posted inBusiness
Homeowners race to refinance as mortgage rates retreat from 23-year highs
Home loan applications rose overall last week to their highest level since January, though much of that was due to the surge in refinance applications.
Posted inBusiness, Nation & World, News
Nvidia has lost $900 billion even as AI spending plans ramp up
At the same time, Big Tech companies largely failed to convince investors during the earnings season that their spending on AI is translating to more sales and bigger profits.
Posted inKennebec Journal, Maine
Groups urge caution as lakewide algae bloom forms at Androscoggin Lake
A water quality nonprofit is advising residents to avoid recreation in the lake with visible algae and where water is discolored or has an odor.
Posted inNation & World
A deadly tornado, flooding rains and swollen rivers plague residents in the path of Debby
The storm was expected to churn up the East Coast, where residents as far north as Vermont could get several inches of flooding rain this weekend.
Posted inCommunity
WinterKids names 2024 grantees to receive portion of $25K
WESTBROOK — WinterKids has announced the recipients of its Downhill 24 Outdoor Fund. This year’s grants, totaling $25,000, will go to 10 organizations across Maine. These grants are aimed at promoting outdoor activities and encouraging children to stay active throughout the year. The fund was established to further WinterKids’ mission of getting kids outside and […]
Posted inBusiness, News
State awards $5.8 million to more than 100 Maine businesses for storm damage repairs
Gov. Janet Mills announced that the grants, which go up to $100,000, will support small businesses across industries and all 16 counties.