A train engine collided with parked rail cars carrying paper products near the town line between Mattawamkeag and Winn, fire officials said.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Election 2024, Nation & World, News, Politics
Federal Reserve highlights its political independence as presidential campaign heats up
Donald Trump, in his time as president, repeatedly badgered the Fed to do his bidding.
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Posted inBusiness, Nation & World, News
Air travel is getting worse. At least that’s what passengers are saying.
The Transportation Department said Friday that it received nearly 97,000 complaints in 2023, up from about 86,000 the year before.
Posted inBusiness
U.S. employers add solid 206,000 jobs in sign of continued economic strength
Despite consistent hiring, relatively few layoffs and gradually cooling inflation, many Americans have been exasperated by still-high prices.
Posted inBusiness, Maine, News
CMP electricity rates are going up. Here’s what’s driving it.
The costs of restoring power after storms and funding state renewable energy policies are the biggest factors increasing Central Maine Power Co. bills.
Posted inBusiness
Farmington House of Pizza cash guess will support a nonprofit organization
Vasilios Maniatakos, owner of Farmington House of Pizza, will donate a bucket of change to the organization chosen by the person coming closest to guessing the amount.
Posted inBusiness, Nation & World, News
Japan issues new yen banknotes packed with 3D hologram technology to fight counterfeiting
People will still need older bills to use most vending machines and to pay bus fares.
Posted inBusiness, Nation & World, News
Russian-linked cybercampaigns put bull’s-eye on France. Their focus? The Olympics and elections
More than a dozen reports issued in the past year point to an intensifying effort from Russia to undermine President Emmanuel Macron, one of Ukraine’s most vocal supporters in Europe.
Posted inBusiness, Nation & World, News
Parent company of Saks Fifth Avenue to buy rival Neiman Marcus for $2.65 billion
Online behemoth Amazon will hold a minority stake.
Posted inBusiness, Maine
Maine State Ferry Service hampered by staffing shortages
After repeated trip cancellations, the state-run ferry service in Penobscot Bay has contracted with an Indiana company to provide temporary workers.