U.S. authorities are seeking to seize Wang YunHe’s $6.9 million apartment and his 2022 Ferrari Spider.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Google makes fixes to AI-generated search summaries after outlandish answers went viral
While many of the examples were silly, others were dangerous or harmful falsehoods.
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Posted inBusiness, Nation & World
Merrill Lynch agrees to pay nearly $20 million to settle class action racial discrimination lawsuit
The lawsuit alleges that African American advisers received less compensation and fewer promotions than their white counterparts.
Posted inBusiness, Maine, News
CMP, Maine near settlement over complaint utility overspent on power restoration
Central Maine Power Co. and the state’s public advocate are nearing agreement on how much the utility can charge ratepayers for storm recovery costs.
Posted inBusiness, Maine
Amtrak’s heat-delay altered schedules won’t impact Maine, rail authority says
There will likely still be delays on the Downeaster when high temperatures affect the metal rails, but the schedule is staying put, for the time being.
Posted inBusiness
Wilton gym expands to include 24-hour access
The Studio in Wilton will be adding a 24-hour gym to its list of services, which include nutrition and group classes.
Posted inBusiness, Nation & World, News
Shares in Trump Media slump after former president convicted in hush money trial
Trump Media’s stock was down about 9% in after-hours trading Thursday as news of the verdict emerged.
Posted inBusiness, Maine, Morning Sentinel
‘A space that’s welcoming for everyone’: A Coffeehouse opens in Waterville
A Coffeehouse is now open in the former Record Connection building at 252 Main St. in Waterville, where patrons are invited to drop in, sip coffee or tea, enjoy a meal, play a tune, read a book or talk politics.
Posted inBusiness, Nation & World, News
Schumer, Democrats urge Justice Department to prosecute alleged oil industry collusion, price-fixing
The Democrats say a recent FTC investigation uncovered evidence of price-fixing by oil executives that led to higher energy costs for American families and businesses.
Posted inBusiness, Nation & World, News
Designer of world’s tallest building wants to turn skyscrapers into batteries
The company behind Dubai’s 2,717-foot-high Burj Khalifa plans to harness gravity to offset construction emissions.