Interest in buying gold often comes at times of uncertainty – with potential concerns around inflation and the strength of the U.S. dollar, for example.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Maine names new director of outdoor recreation
Jeff McCabe, a former Democratic majority leader in the Maine House, succeeds Carolann Ouellette, who has returned to a previous role as Maine’s director of tourism.
Justice Department sues Visa, alleging card issuer monopolizes market
The complaint says Visa penalizes merchants and banks who don’t use its payment processing technology to process debit transactions, even though alternatives exist.
Two of Maine’s most rural counties need to build more housing more quickly, state says
A report published Tuesday includes targets that each county should hit to meet a statewide goal of adding 84,000 homes by 2030. But it falls short of issuing any mandates.
Longshoremen around the U.S. appear likely to go on strike, seaport CEO says
A strike would shut down 36 ports that handle roughly half the nations’ cargo from ships.
Boeing’s ‘final’ 30% pay hike offer isn’t good enough, union says
The company said the offer includes pay raises over 4 years, up from 25% in the first proposal. The union originally demanded 40% over 3 years.
Federal bill could ease housing crisis in rural Maine
Towns want and need more housing but say they lack the developers and the money to make it happen.
Island Dairy Treat in Skowhegan closes after 72 seasons
Those who owned the ice cream stand at 23 Island Ave. said the property’s new owner has other plans for the location.
U.S. ports are threatened with strikes in election-season jolt
Some 45,000 dockworkers at every major eastern and Gulf coast port are threatening to strike Oct. 1.
The benefits of a 4-day workweek, according to a champion of the trend
American companies haven’t adopted 4-day weeks as broadly as, say, Australia or Europe, but that could change.