There will be just three traditional drive-ins remaining in Maine when the theater at 201 Waterville Road closes Saturday after showing its final films.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Kennebec Journal, Maine, News
Ironman 70.3 to remain in central Maine through 2027
Officials announced Thursday that they have reached an agreement that will keep the triathlon in Augusta for three additional years,
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Posted inBusiness
Apple’s Steve Jobs disciple and Google defector to get spotlight at search trial
The two men rode considerably different paths to Apple’s executive suite but now find themselves central to the government’s case that Google abused its power in the online search market.
Posted inBusiness, Nation & World, News
Average long-term U.S. mortgage rate up to 7.19%
It is another setback for would-be homebuyers navigating an increasingly less affordable housing market.
Posted inArts & Entertainment, Business, Nation & World, Politics
Rupert Murdoch, whose creation of Fox News made him a force in American politics, is stepping down
His son, Lachlan, will become News Corp. chairman and continue as chief executive officer of Fox Corp.
Posted inBusiness, Maine, News
Maine helps lead national push for more heat pumps
A coalition of 25 governors and the Biden administration announced a pledge Thursday to quadruple the number of heat pumps in U.S. homes by 2030.
Posted inBusiness, Maine, News
Close to half of Maine’s medical cannabis may contain pesticides, mold, officials say
Of 127 samples tested, 57 – or about 45% – would have failed the standards for the recreational-use market, meaning they contained at least one banned material or substance.
Posted inBusiness, Nation & World
UAW strikes a Mercedes parts plant while union eyes more targets
United Auto Workers President Shawn Fain has said more plants would face walkouts if General Motors Co., Ford Motor Co., and Stellantis NV didn’t sweeten their offers.
Posted inArts & Entertainment, Books, Business, Nation & World, News
John Grisham, George R.R. Martin, other authors sue OpenAI over copyright
they call the ChatGPT program a ‘massive commercial enterprise’ that is reliant upon ‘systematic theft on a mass scale.’
Posted inBusiness, Nation & World, News
Fed keeps interest rates unchanged but it expects another increase this year
Even as inflation has slowed significantly, the job market and the economy have remained resilient, confounding expectations that the Fed’s series of hikes would cause widespread layoffs and a recession.