United Auto Workers launches a campaign to expand on labor success, with a new website where workers record their interest in joining the union.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Conservative Supreme Court seems open to an attack on the Securities and Exchange Commission
The case is just one of several this term in which conservative and business interests are urging the court to constrict federal regulators.
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Posted inBusiness, Local & State, Politics
State ethics commission fines group behind ‘right to repair’ referendum
The Maine Automotive Right to Repair Committee was assessed a $35,000 fine for late notifications of major contributions to donors and the commission.
Posted inBusiness, Local & State, News
Mainers will pay $30 less per month on average for electricity in 2024
The standard-offer rate for Central Maine Power customers will decrease by 35%; Versant Power customers will see a 24% drop. The decreases are the result of a big drop in natural gas prices.
Posted inBusiness, Nation & World, News, Politics
Deutsche Bank was keen to land a ‘whale’ of a client in Trump, documents at his fraud trial show
Prosecutors maintain that Donald Trump’s allegedly inflated financial statements were critical to netting his company the Deutsche Bank loans at favorable rates, saving him many millions of dollars in interest.
Posted inBusiness, Nation & World, News
U.S. economy grew 5.2% in 3rd quarter, more than first estimated
The government’s other main gauge of economic activity – gross domestic income – rose a more moderate 1.5%.
Posted inBusiness, Local & State, Morning Sentinel, News
Tree farms in central Maine report brisk sales as people ‘spruce up’ for the holidays
The number of Christmas tree farms in Maine continues to decline, but those still in operation say sales this season have exceeded expectations.
Posted inBusiness, Nation & World
World economy to slow next year because of inflation, high rates and war, OECD says
The Organization for Economic Cooperation and Development expects the world’s two biggest economies, the United States and China, to decelerate next year
Posted inBusiness, Local & State
Maine lobstermen signal opposition to participating in ropeless testing program
The state has been awarded $5.1 million to research alternatives to the traditional trap-and-buoy lobster gear that requires vertical lines that can entangle whales.
Posted inBusiness, Nation & World, Sports
Sports Illustrated is the latest media company damaged by an AI experiment gone wrong
The online magazine stands accused of being less than forthcoming about who or what is writing its stories at the dawn of the artificial intelligence age.