By the time Nunis retired in 1999 after 44 years at the company, he was chair of Walt Disney Attractions, overseeing a theme park empire that spanned around the world, from Florida to France to Japan.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Uncategorized
Hannaford donates $1.3 million to improve access to food for older adults
The money donated to the Maine Council on Aging will be used to create a grant program for organizations within the council’s network.
advertisement
Posted inBusiness, Nation & World, News
Dow hits a record high after the Fed signals interest rate cuts are coming
Wall Street loves lower interest rates because they can relax the pressure on the economy and goose prices for all kinds of investments.
Posted inBusiness, Local & State, News
Another rate cut will further reduce electricity costs for CMP customers in 2024
A complicated formula drafted by federal and New England energy officials is behind the second announcement in as many weeks of an electricity rate cut.
Posted inBusiness, Nation & World, News
Federal Reserve keeps key interest rate unchanged, foresees 3 rate cuts next year
It is the first time since inflation first spiked that the central bank has formally acknowledged progress in its fight against accelerating prices.
Posted inBusiness, Local & State
Maine considering California-style incentives to encourage electric vehicle sales
While not as aggressive as California’s standard, Maine’s proposal would eventually require 82% of new vehicles sold to produce zero emissions.
Posted inBusiness
Tesla recalls nearly all vehicles sold in U.S. to fix Autopilot monitoring system
The recall covers models Y, S, 3 and X produced between Oct. 5, 2012, and Dec. 7 of this year.
Posted inBusiness
Fed enters last leg of inflation fight with little ‘pain’ so far
Federal Reserve Chair Jerome Powell has continued to indicate that further improvements to inflation may require the Fed to apply more downward pressure to the ‘demand side’ of the economy, which could result in more job losses than currently expected.
Posted inBusiness
Sheriff’s office says Tesla was running on Autopilot moments before tractor-trailer crash
With Autopilot, a Tesla can steer, accelerate and brake automatically in its lane, the website says.
Posted inBusiness
Epic wins its antitrust lawsuit against the Play Store. What does this verdict mean for Google?
A federal court jury decided that Google’s payments system was anticompetitive and damaged smartphone consumers and software developers.