Exxon Mobil Corp. said Thursday that the acquisiton gives it the largest owned and operated carbon dioxide pipeline network in the U.S.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, News
ChatGPT-maker OpenAI signs deal with AP to license news stories
The Associated Press doesn’t currently use any generative artificial intelligence in its news stories, but has used other forms of AI for nearly a decade, including to recap some sporting events.
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Posted inBusiness, Maine, News, Politics
Committee endorses adjusted wind power bill
The House and Senate will soon vote on the measure, which would have the state develop a schedule for procuring 3 gigawatts of wind power, enough to power 900,000 homes.
Posted inBusiness, Maine, New England, News
Much debated hydropower transmission corridor to be renegotiated because of cost increases
Maine lifted its stop-work order nearly 2 months ago but construction has not yet resumed on the project.
Posted inBusiness, Nation & World, News
Lawsuits could delay the start of New Jersey’s first offshore wind power project
Multiple lawsuits have been filed by the wind power developer and 3 citizen groups.
Posted inBusiness, Maine, News
Bill to improve farmworkers’ pay, conditions in Maine awaits action by Mills
L.D. 398 would legally define farmworkers as employees, making them eligible for the state minimum wage and protecting them from some overtime requirements.
Posted inBusiness, Health, Maine, News
Hospital facility fees to be investigated under new law
Legislation signed Tuesday by Gov. Janet Mills creates a task force to examine the fees, which also will be shared publicly.
Posted inBusiness, Nation & World
Bank of America hit with $250 million in fines and customer refunds for ‘double-dipping’ fees, fake accounts
Bank of America must refund $100 million to customers, pay $90 million in penalties to the Consumer Financial Protection Bureau and $60 million to the Office of the Comptroller of the Currency.
Posted inBusiness, Nation & World
Be wary of scams as Amazon Prime Day kicks off, experts warn
Phishing attempts increase amid busy spending seen during significant sales events – from Black Friday to Prime Day, according to the Better Business Bureau.
Posted inBusiness, Nation & World
Wall Street gets a late push ahead of inflation data; Activision Blizzard jumps
Much of Wall Street’s gains for the day came at the end of trading, with about a third of the S&P 500’s rise happening in the final 20 minutes.