Some American senior citizens have a new companion to help them combat loneliness: a robot.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Still haven’t bought holiday gifts? Retailers have a sale for you
Some retailers have put goods on clearance racks and shelves before the holiday to lure bargain hunters.
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Posted inBusiness
Federal Reserve’s favored inflation gauge tumbles in November as prices continue to ease
Friday’s report from the Commerce Department showed that U.S. consumer prices slid 0.1% last month from October and rose 2.6% from November 2022.
Posted inArts & Entertainment, Business, Maine
DirecTV customers in Maine have been without local NBC stations since Nov. 30
About 50,000 customers don’t have access to the News Center Maine stations in Portland and Bangor.
Posted inBusiness, Maine, Morning Sentinel, News
Federal grant for central Maine revitalization puts Skowhegan coalition on track to receive millions more
A $425,000 grant awarded to Main Street Skowhegan by the Economic Development Administration will allow a regional development plan to seek up to $50 million in federal dollars next year.
Posted inBusiness, Nation & World, News
Homebuilders step up construction of single-family homes as 30-year mortgage rate eases
Single-family housing starts have now risen 3 months in a row and are outpacing home completions for the first time since the spring of last year.
Posted inBusiness, Nation & World, News
Twin crises send cargo ships back to 18th-century trade routes
Global shippers are grappling with a spike in costs as some ships are forced to take lengthy diversions to avoid disruptions at the Suez and Panama canals.
Posted inBusiness, Nation & World, News
More American auto buyers are turning to hybrids as sales of electric vehicles slow
The slowdown has raised concern among automakers that buyer interest in EVs is faltering. Some companies are cutting production and scaling down plans for new battery or assembly plants.
Posted inBusiness, Nation & World
Ready, set, travel: The holiday rush to the airports and highways is underway
AAA is forecasting that 115 million people will go 50 miles or more from home between Saturday and New Year’s Day.
Posted inBusiness, Maine, News
Regulators kill deal for wind power line from northern Maine to New England grid
In another setback for a slow-moving project, Maine Public Utilities Commission members said the developer, LS Power, reported it could no longer hold to an agreed-upon price for the project. The PUC soon will accept new bids.