Sophisticated generative AI tools, from voice-cloning software to image generators, already are in use in elections in the U.S. and around the world.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Local & State, Morning Sentinel, News
Skowhegan mill redevelopment scores first public loan to get back on track after flooding caused millions in damage
A loan package totaling $200,000 from Somerset County and the Somerset Economic Development Corp. marks a starting point for more than $1 million in assistance the Spinning Mill project’s developers say they need after December’s flooding damage.
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Posted inBusiness, Local & State, News
Portland-based Wex reports strong growth in 2023
CEO Melissa Smith says the company is positioned to ride market cycles in part by investing in technology, including AI.
Posted inBusiness, Nation & World
Mexico overtakes China as the leading source of goods imported by U.S.
The last time Mexican goods imported by the United States exceeded the value of China’s imports was in 2002.
Posted inBusiness, Nation & World, News
As DEI policies come under legal attack, philanthropic donors consider how to adapt
One battleground will be the lawsuit challenging grants from the Fearless Fund, which awarded $20,000 to businesses that are at least 51% owned by Black women, among other requirements.
Posted inBusiness, Nation & World, News
DEA reverses decision stripping drug distributor of licenses for fueling opioid crisis
An investigation by the Associated Press found the nation’s fourth-largest drug distributor kept shipping drugs for nearly 4 years after a federal judge recommended the harshest penalty for its ‘cavalier disregard’ of rules aimed at preventing opioid abuse.
Posted inBusiness
DoorDash aims to expand overseas, while delivery rivals struggle
Europe’s biggest food delivery companies, including Deliveroo, Germany’s Delivery Hero SE and Turkish startup Getir, have yet to prove to investors that they can turn a profit.
Posted inBusiness
Maine, 8 other states sign agreement to boost production of heat pumps
The states have pledged to increase their heat pump installation targets to meet at least 65% of residential-scale heating, air conditioning and water heating units by 2030 and 90% by 2040.
Posted inBusiness, News, Sports
Super Bowl expected to smash betting records. Nearly 68 million U.S. adults plan to wager
Sports betting is legal in 38 states plus Washington, D.C.
Posted inBusiness
Ousted founder of WeWork wants to buy back company
Adam Neumann has been partnering with capital sources to get his office sharing business back after filing for bankruptcy in November.