The lawsuit claims Media Matters manipulated algorithms to create images of advertisers’ paid posts next to racist or incendiary content.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, Times Record
Bath Iron Works awarded $58 million contract for services for new destroyers
Bath Iron Works has 12 Arleigh Burke-class destroyers in various stages of production.
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Posted inBusiness
Is the U.S. headed for a recession? Look at what richer Americans do on Black Friday
A hit to the brands, retailers and malls that cater to those in a higher tax bracket foreshadows potential weakness ahead for the U.S. economy.
Posted inBusiness, Nation & World
Record crowds expected to take to air, roads for Thanksgiving
Today and tomorrow will be among the busiest travel days, with 2 million flying each day.
Posted inBusiness, Nation & World, News
Not just child’s play: Toy companies aim more products at older adults
Toymakers are tweaking original classic games or coming out with new ones that embrace an audience that’s been around for a while: people over 65 years old.
Posted inBusiness
Key Fed official sees possible ‘golden path’ toward lower inflation without a recession
Austin Goolsbee’s optimistic outlook for inflation underscores why analysts increasingly think the Fed’s next move will be a rate cut, rather than an increase.
Posted inBusiness, News
Microsoft snaps up 2 leading executives from company that created ChatGPT
Meanwhile, back at OpenAI, the newest CEO vows to investigate the firing of Sam Altman, which also prompted the company’s president, Greg Brockman, to quit in protest.
Posted inBusiness, Maine, News
Commerce report says Maine’s outdoor recreation economy grew 16.5% in 2022
Outdoor recreation accounted for $3.3 billion in economic activity, or nearly 4% of the state’s GDP. That’s the 6th-highest percentage of any state.
Posted inBusiness, Maine, News
Maine’s summer tourist season was a mixed bag, with modest food and lodging gains
Visitor spending increased an estimated 1% to nearly $5.2 billion in the summer of 2023, the Maine Office of Tourism reports.
Posted inBusiness, Maine, News
Ecomaine gets $2 million grant to promote recycling among residents of multifamily homes
The EPA grant will fund educational outreach and expand access to single-stream recycling programs.