Obesity drugs like Wegovy and Zepbound are capturing the attention of celebrities and showing promising results in helping people shed pounds.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inArts & Entertainment, Business
Amazon Prime ads on movies, TV shows will begin in late January
Prime members who want to keep their movies and TV shows ad-free will have to pay an additional $2.99.
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Posted inBusiness
U.S. applications for jobless benefits rise, but labor market remains solid
Overall, 1.88 million Americans were collecting jobless benefits during the week that ended Dec. 16 – an increase of 14,000 from the previous week.
Posted inBusiness, Local & State
Maine board wants to hand decision on electric vehicle mandate to Legislature
If lawmakers step in, it will further delay a policy that environmental groups had hoped would already have been decided.
Posted inBusiness, Nation & World, News
The New York Times sues OpenAI and Microsoft for using its stories to train chatbots
An OpenAI spokesperson said in a prepared statement that the company respects the rights of content creators and is ‘committed’ to working with them to help them benefit from the technology and new revenue models.
Posted inBusiness
Chinese carmaker overtakes Tesla as world’s most popular EV maker
The passing of the EV sales crown also reflects the shift in competitive dynamics between Tesla’s Elon Musk, the world’s richest executive, and BYD’s billionaire founder Wang Chuanfu.
Posted inBusiness
Worst of the cocoa rally is yet to come for chocolate makers
Chocolate prices have already surged 17% in the U.S. over the past 2 years as commodity costs from cocoa to sugar jumped, according a consumer researcher.
Posted inBusiness
Year-end angst in money markets on Fed exit echoes 2018 crunch
Volatility in the market for overnight repurchase agreements is generally tame, but it has started to move, with repos trading as high as 5.53% before closing at 5.32% on Tuesday.
Posted inBusiness, Local & State, News
Maine’s proposed new limits for gas vehicles are delayed for a year
Environmental regulators had to delay a key vote after a storm caused widespread power outages, and they can’t meet before year’s end.
Posted inBusiness, Nation & World
Apple seeks a path to getting 2 of its best watches back on shelves during a bitter patent dispute
On Oct. 26, the U.S. International Trade Commission determined that Apple infringed on 2 patents owned by Masimo Corp. and Cercacor Laboratories, both U.S. companies.