The number of Americans quitting their jobs dipped to the lowest level since January 2021.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
UPS to cut 12,000 jobs 5 months after reaching union deal
The job eliminations are anticipated to be among management roles and contractors.
advertisement
Posted inBusiness, Maine, News
Complaint alleges Maine Supreme Judicial Court justice violated ethics code
A Yarmouth attorney’s complaint says Justice Catherine Connors should have recused herself from a recent foreclosure case, which overturned a precedent set in a prior case where she represented a major bank.
Posted inBusiness, New England, News
Rare whale found dead off Massachusetts may have been entangled
Federal authorities say the North Atlantic right whale found dead off Massachusetts shows potential evidence of injury from entanglement in fishing gear, one of several threats to the species.
Posted inBusiness, Maine, News
Breeze Airways adds new services from Portland to North Carolina and Florida
New offerings include a seasonal route to Raleigh-Durham and one-stop, no-plane-change service to Jacksonville.
Posted inBusiness
Inflation has slowed. Now the Federal Reserve faces expectations for rate cuts
Most economists say they expect the first rate cut to occur in May or June, though a cut at the Fed’s March meeting is not off the table.
Posted inBusiness
Walmart’s latest perk for U.S. store managers? Stock grants
The nation’s largest retailer and private employer is seeking to retain and attract top workers in a still competitive job market.
Posted inBusiness
U.S. safety agency closes probe into Dodge and Ram rotary gear shifters without seeking a recall
The 7-year investigation looked into complaints alleging that more than 1 million Dodge and Ram vehicles can roll away after being shifted into park.
Posted inBusiness, Maine
Businesses seek changes in Maine’s first-in-the-nation PFAS ban
Critics of the ban say it is unworkable and could cost the state major employers if enforced as is.
Posted inBusiness, Maine, News
Acadia National Park numbers were down in 2023 for second year in a row
But the Bar Harbor area is still benefiting from a post-pandemic tourism boom and working to address visitor congestion during peak season.