A surge of commercial investment in generative AI tools has brought public fascination as well as concern.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Maine home prices remain high, despite increasing inventory
It’s not yet clear if the resurging supply of homes for sale will be enough to meet the steadily increasing demand, experts say.
Environmentalists petition state to adopt stronger clean vehicle standards
The proposed regulations would require vehicle manufacturers to increase sales of new electric vehicles in Maine.
Pioneering hacker Kevin Mitnick, FBI-wanted felon turned security guru, dies at 59
Mitnick’s pioneering antics in the 1980s and ’90s made him the most celebrated U.S. hacker.
Wall Street’s rally fades after Tesla and Netflix fall
Tesla and Netflix are 2 of the first huge tech-oriented companies to report their profits for the spring, and a lot is riding on the results.
Amid labor turmoil in Hollywood, Broadway seems to avoid a strike
The Broadway League and Disney Theatrical Productions announced Thursday they had reached a tentative agreement that had threatened a strike as early as Friday.
IRS steps toward new free-file tax return system have both supporters, critics mobilizing
And advocates for a free program to help file taxes are exponentially out-monied.
Home sales in June fell to slowest pace since January with near-historic low inventory for sale
It makes 11 consecutive months of annual sales declines of 20% or more.
America is barreling toward a summer of labor strikes
Even before the 100,000-plus actors joined in last week, both the number of strikes and workers on strike were up in the first half of this year, according to Bloomberg Law labor data.
Biden administration lauds new Maine law limiting rental application fees
The law signed last month puts a cap on how much landlords can charge tenants for background checks and other application screenings.