Russia’s ruble has tumbled. What does it mean for the wartime economy?
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Argentine peso plunges after rightist who admires Trump comes first in primary vote
The drop in the value of the peso means that already-high inflation will accelerate, making getting to the end of the month even harder for ordinary people.
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Posted inBusiness
Russia’s ruble hits its lowest level since early in the war. The central bank plans to step in
Analysts say the weakening of the ruble is being driven by increased defense spending – leading imports to rise – and falling exports.
Posted inBusiness, Nation & World
Thinking of buying a new pair of jeans? Cost-per-wear calculations might help you decide
There’s a growing backlash to the cheap stuff – and retailers are taking notice. For example, Gap’s Old Navy is offering shoppers a full refund for uniforms purchased during the upcoming back-to-school season if the clothes don’t hold up for a year.
Posted inBusiness, Maine, News
Maine to provide retirement savings program for residents not eligible through work
A pilot version of the program is scheduled to start this fall, and the full program is expected to be phased in through January 2026.
Posted inBusiness, Health, Maine, News
MaineHealth Care at Home backs decision to fire nurses, despite staff’s no-confidence vote
Amid what they consider union tactics and misrepresentations, MaineHealth Care at Home is upholding a decision to fire two longtime nurses. The disciplinary action prompted a no-confidence vote by staff.
Posted inBusiness, Maine, News
Environmentalists criticize public feedback process for deciding future site of port for offshore wind industry
Maine officials are accused of long favoring Sears Island, the largest undeveloped island in Penobscot Bay, as the future site of the port.
Posted inBusiness, Maine, News
Unfurling the facts in the 1901 Maine state flag debate
History, politics and design sensibilities collide as residents of the Pine Tree State consider which banner to embrace.
Posted inBusiness
HealthReach welcomes podiatrist, Dr. Daniel J. Keane
This September, Dr. Daniel J. Keane will join the HealthReach staffs in Albion, Belgrade, Coopers Mills and Richmond. Keane earned his doctorate degree in podiatric medicine from the William Scholl College of Podiatric Surgery in North Chicago, Illinois. He has a wealth of experience in the field of podiatry, including experience in rearfoot, forefoot and […]
Posted inBusiness
Franklin Savings Bank welcomes Meg Loubier to team
SKOWHEGAN — Franklin Savings Bank has announced the addition of Meg Loubier to the team as vice president who will serve the commercial lending needs in both Somerset and Kennebec counties. With her extensive banking experience and dedication to community involvement, her approach and values align perfectly with those of the bank, according to a […]