Noticeable pockets of Americans – renters, and lower- and middle-income borrowers – are running up their credit cards balances, and increasing numbers are falling behind on their debts.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, News, Politics
Maine regulators asked for opinions on a plan to expand electric vehicle sales. They got 1,700 comments.
The Board of Environmental Protection will consider the proposal next month after postponing its meeting in December.
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Posted inBusiness, Times Record
No opening date set yet for Topsham Market Basket
Market Basket is building its third store in Maine at the Topsham Fair Mall.
Posted inBusiness, Nation & World, News
Judge rules casinos have no duty to stop compulsive gamblers from betting
A judge says that the voluminous rules and regulations governing gambling in New Jersey do not impose a legal duty upon casinos to cut off compulsive gamblers.
Posted inBusiness, Nation & World, New England, News, Sports
With 7 matches for the 2026 World Cup, Boston expecting huge economic boost
A FIFA study projected a city hosting the World Cup would generate $400 million in spending, adding that the number would have to be adjusted now that Boston is set to host 7 games.
Posted inBusiness, Nation & World, News
Strike averted as hospitality union settles with Las Vegas hotel-casinos before Super Bowl week
The union announced last week that it would go on strike if tentative contracts weren’t in place by 5 a.m. Monday.
Posted inBusiness, Kennebec Journal, Maine, Morning Sentinel, News
Central Maine newspapers name new key editors
The Kennebec Journal and Morning Sentinel have promoted Jessica Lowell, Stacy Blanchet and Ben Bragdon to new roles to guide newsroom coverage.
Posted inBusiness, Nation & World, News
32,000 tech industry workers have been laid off this year already
Although economic factors are the main reason for tech layoffs, many companies are citing the race for artificial intelligence as a factor.
Posted inBusiness, Food & Dining, Maine
Maine may join rest of New England in banning food scraps from landfills
Supporters want lawmakers to do something about rotting food waste, which produces dangerous levels of methane gas. But critics of the proposal say a ban would be too costly for the state and businesses.
Posted inBusiness, Maine, News
Major solar projects in Maine are being delayed by lengthy reviews
A trade group of manufacturers also has filed a complaint with the state supreme court over high costs charged to businesses to subsidize solar expansion.