Goods prices overall have stopped rising and some, like those for cars, are falling.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
AI-powered misinformation is world’s biggest short-term threat, Davos report says
The World Economic Forum says false and misleading information supercharged with cutting-edge artificial intelligence is the top immediate risk to the global economy.
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Posted inBusiness, Maine, News
Mainers are paying less to heat homes and fill vehicles this winter. Here’s why.
Weak global demand and higher domestic oil production have led to energy savings for consumers so far this winter.
Posted inBusiness, Maine, News, Politics
Republican lawmakers plan to campaign on electric vehicle mandate this fall
Legislators say the unelected Board of Environmental Protection should not be entrusted to make such a major decision.
Posted inBusiness, Maine, New England, News
Massachusetts lobstermen drop lawsuit against aquarium that told people not to eat lobster
Four lobstermen had sought $75,000 in damages for disparagement of their aquaculture product and interference with their proprietary rights.
Posted inBusiness, Nation & World, News
ChatGPT-maker braces for fight with New York Times and authors over copyrighted works
OpenAI says ‘training AI models using publicly available internet materials is fair use’ while the attorney representing the newspaper and various authors argues the tech company is building its product ‘on the back of other peoples’ intellectual property.’
Posted inMaine Commercial Real Estate, Sponsored
For sale or lease: Class A commercial building in downtown Lewiston, Maine
$1.7 million, $8/SF NNN | 64 Lisbon Street, Lewiston
Posted inBusiness, Maine, News
Pingree, agriculture secretary discuss storm and climate impacts with Maine farmers, loggers
Congresswoman Chellie Pingree and U.S. Agriculture Secretary Tom Vilsack held a roundtable discussion in Portland in the wake of the Dec. 18 storm.
Posted inBusiness, Maine, News
Maine’s adult-use cannabis sales continue to grow, but the market is getting crowded
Sales hit $217 million in 2023, a 36% increase over the previous year, although some store owners believe saturation will lead to the closure of some businesses.
Posted inBusiness
Judges in England, Wales given cautious approval to use AI in writing legal opinions
The guidance is rife with warnings about the limitations of the technology and possible problems if a user is unaware of how it works. One criticism: Judges don’t have to disclose their use of the technology.