The number of Americans seeking unemployment benefits rose slightly last week but remained at a historically low level that points to a robust job market.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, News
Hot and wet weather not expected to dampen blueberry yields
Maine’s wild blueberry growers expect a good season despite early season challenges.
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Posted inBusiness, Maine, News, Schools and Education
UMaine System ready to recognize union for graduate student workers
An agreement in the works means the union and University of Maine System administrators can forgo government intervention.
Posted inArts & Entertainment, Business
Meryl Streep, Julia Roberts, Dwayne Johnson and others donate millions to help struggling actors
The SAG-AFTRA Foundation announced Wednesday that its Emergency Assistance Program raised more than $15 million in the last 3 weeks.
Posted inBusiness, Maine
Bath Iron Works awarded contract for 3 Navy destroyers
The shipyard is expected to finish building the Flight III Arleigh Burke-class destroyers between 2023 and 2026.
Posted inBusiness, Nation & World
Vintage computer that helped launch the Apple empire is being sold at auction
The Apple-1 set in motion the company that in June became the first publicly traded business to close a trading day with a $3 trillion market value.
Posted inBusiness, Nation & World, News
Ford restarts factory after retooling to increase F-150 output, says orders are up
Two weeks ago, Ford slashed prices on the electric trucks by thousands of dollars across the board in anticipation of increased factory output, falling costs for battery raw materials and internal efforts to scale production.
Posted inBusiness, Nation & World
Customers want instant gratification. Workers say it’s pushing them to the brink
Drastic changes in consumer demands are driving labor unrest in diverse industries upended by technology.
Posted inBusiness, Nation & World, News
Chatbots sometimes make things up. Is AI’s hallucination problem fixable?
Anthropic, ChatGPT-maker OpenAI and other major developers of AI systems known as large language models say they’re working to make them more truthful. How long that will take remains to be seen.
Posted inBusiness, Nation & World, News
The first generation of solar panels will wear out. A recycling industry is taking shape
The largest solar panel recycling plant in North America has opened in Yuma, Arizona, just as the flow of used and spent solar panels sharply ramps up.