WeWork said it entered into a restructuring support agreement with stakeholders to ‘drastically reduce’ the company’s debt.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Fortnite maker accuses Google of bullying and bribing to block competition to its Android app store
The trial that opened Monday targets the Google Play Store, which distributes apps for the company’s Android software that powers virtually all the world’s smartphones that aren’t made by Apple.
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Posted inBusiness, News
Morale down, cronyism up after DeSantis takeover of Disney’s government, ex-employees say
More than 40 out of about 370 employees have left the Central Florida Tourism Oversight District since it was taken over in February.
Posted inBusiness, Nation & World, News
‘Amtrak Joe’ Biden visits Delaware to promote $16 billion for passenger rail projects
The president highlighted spending to modernize 25 passenger train projects between Boston and Washington, part of the nation’s busiest rail corridor.
Posted inBusiness
Some houses are being built to stand up to hurricanes and sharply cut emissions, too
Climate change is increasing billion-dollar disasters, many of them from intensifying hurricanes.
Posted inBusiness, Nation & World, News
Tyson Foods recalls nearly 30,000 pounds of breaded chicken nuggets over metal shards
The recall applies to 29-ounce plastic bag packages made at a single location on Sept. 5.
Posted inBusiness, Nation & World, News, Politics
Trump lashes out from the witness stand at judge, prosecutor as he testifies in fraud trial
The judge admonishes the former president to answer the questions and stay on topic: ‘He has a lot to say that has nothing to do with the case or the questions.’
Posted inBusiness, Election 2023, Maine, News, Politics
Future of Maine’s power companies tops issues in Tuesday’s elections
Voters will be deciding eight state referendum questions and electing mayors in Portland, Biddeford, Lewiston and Auburn.
Posted inBusiness
Low-interest loans available for businesses, nonprofits affected by Lewiston shooting and shutdown
Low-interest loans of up to $2 million are available to eligible businesses and nonprofits directly affected by the Lewiston mass shooting and subsequent lockdowns last month.
Posted inBusiness, Food & Dining, Maine, Morning Sentinel
Skowhegan shared commercial kitchen project gets boost with federal grant
The nonprofit group Main Street Skowhegan will use the $99,000 grant toward opening The Kitchen at 185, a shared commercial kitchen space for startups and businesses in the region.