Brian Niccol could make well in excess of $100 million in his first year with the company.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Wally Amos of cookie fame died at age 88
Amos created the Famous Amos cookie empire and eventually lost ownership of the company. In his later years, he became a proprietor of a cookie shop called Chip & Cookie in Hawaii, where he moved in 1977.
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Posted inBusiness, Nation & World
Meta kills off CrowdTangle despite pleas from researchers, journalists
Meta has released an alternative to CrowdTangle, called the Meta Content Library. But access to it is limited to academic researchers and nonprofits, which excludes most news organizations.
Posted inBusiness, Maine, Morning Sentinel, News
Thomas College to offer discounted courses for employees of Johnny’s Selected Seeds
The Winslow-based agricultural retailer and its 275 employees join other Maine companies in the college’s Preferred Education Partnership program.
Posted inBusiness, Nation & World
NASA still deciding whether to keep 2 astronauts at space station until next year
The test pilots anticipated being away just a week or so but thruster failures and helium leaks marred the capsule’s trip to the space station, raising doubts about its ability to return safely and leaving the astronauts in limbo.
Posted inBusiness, Nation & World, News
Anti-DEI protesters sow disruption and confusion but have scant investor support
Each year, companies face hundreds of resolutions from progressive groups to change their policies to be more supportive of employee diversity, labor rights and other social issues.
Posted inBusiness, Nation & World, News
Sweet and salty $30 billion deal would put M&M’s and Snickers alongside Cheez-It and Pringles
It’s the biggest move in the snack sector since J.M. Smucker bought Hostess for $5.6 billion last year.
Posted inBusiness, Nation & World
Annual U.S. inflation falls to 3-year low, clearing way for Fed to cut rates
The government said nearly all of July’s inflation reflected higher rental prices and other housing costs, a trend that, according to real-time data, is easing.
Posted inBusiness, Maine, News
Feds ramp up fight to block massive grocery merger involving Shaw’s
Kroger’s proposed $24.6 billion takeover of Albertsons would be the largest supermarket merger in U.S. history.
Posted inBusiness, Maine, News
Resurrected ship a reminder of Maine’s once-thriving sardine industry
But an effort to save the Jacob Pike by the great-great-grandson of the vessel’s namesake has been torpedoed by the need for expensive environmental remediation.