The memecoin was meant to be a joke, but an increasing number of businesses accept it because of fast, low-cost payments.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Health, Nation & World
Humana plunges as Medicare star rating cut threatens revenue
Medicare Advantage quality ratings for the company dropped, meaning a big drop in revenue from bonus payments.
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Posted inBusiness, Maine, News
Bangor Air Guard base competing for new air refueling tankers
The $1.3 billion fleet of Pegasus air refueling tankers would replace the aging Stratotankers operated by the Maine Air National Guard’s 101st Air Refueling Wing, also known as the MAINEiacs.
Posted inBusiness, Maine, News
Maine business group criticizes latest paid family leave rules, saying 30 days’ notice is not enough
Businesses with just a few workers would not easily adjust if a worker takes paid leave with little notice, the Maine State Chamber of Commerce said.
Posted inBusiness, Nation & World, News
Dockworkers join other unions in trying to fend off automation or minimize its impact
The massive port workers’ strike is highlighting a fear held by many workers that they will be replaced by machines.
Posted inBusiness, Nation & World, News
Tennessee investigating after flooding from Helene swept away 11 factory workers
As the nearby Nolichucky River swelled from rainfall, employees in the Impact Plastics factory kept working. Several asserted that they weren’t allowed to leave in time.
Posted inBusiness, Nation & World
U.S. could see shortages, higher retail prices if dockworkers strike drags on
Workers began walking picket lines early Tuesday, picketing near ports all along the East Coast.
Posted inBusiness, Maine, News
Impact of national port worker strike unclear in Maine
Eimskip, Portland’s sole shipper, employs 50 members of the longshoremen’s union but is not involved with the national labor agreement being negotiated.
Posted inBusiness, Maine, Morning Sentinel
Wage increases, more vacation time at heart of Huhtamaki steelworkers contract
Members of United Steelworkers Local 449 at the Huhtamaki food service and packaging products mill in Waterville voted overwhelmingly to ratify a three-year contract that includes wage increases and more vacation time.
Posted inBusiness, News
With national closure, Yelloh food delivery service will lay off 14 workers near Bangor
The company filed a WARN notice with Maine JobLink Sep. 23, the same day it announced its national closure.