Since launching Threads on Wednesday night, Meta’s new app has collected tens of millions of sign-ups.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
U.S. job openings dip to 9.8 million but remain high
Job openings fell in health care, insurance and finance. But there were more jobs available in education and government.
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Posted inBusiness, Nation & World
Meta takes aim at Twitter with the launch of rival app Threads
CEO Mark Zuckerberg says 10 million people signed up in the first seven hours.
Posted inBusiness, Nation & World, New England, News
Vermont to pay $16.5 million to settle lawsuits by foreign investors in fraudulent ski development
The former owners of Jay Peak were accused of misusing more than half of about $400 million raised for ski area developments from foreign investors through a visa program that offered the investors a chance at permanent U.S. residency.
Posted inBusiness, Nation & World
Stock market today: Wall Street drifts lower as markets worldwide pull back
The U.S. economy, meanwhile, has remained stronger than many investors feared.
Posted inBusiness, Kennebec Journal, Maine
The Christmas Tree Shops closure news leaves customers disappointed
The Massachusetts-based discount home goods store announced last week it would shutter its operations, after initially planning to reorganize the company, and its closure in Augusta will open up more space for leasing at the Turnpike Mall on Western Avenue.
Posted inBusiness, Maine, News
Maine hospital operator settles contract dispute with Anthem
Covenant Health, which operates hospitals in Lewiston and Bangor, signs a 2-year deal with the insurance company, preserving in-network care for patients.
Posted inArts & Entertainment, Business, Life & Culture, Maine, Maine International Film Festival, Morning Sentinel
Downtown Waterville businesses brace for ‘large concentration of people’ as film festival opens in new art center
The 26th annual Maine International Film Festival kicks off Friday, with about 100 films screening over 10 days at the Paul J. Schupf Art Center in downtown Waterville.
Posted inBusiness, Nation & World, News
UPS, Teamsters contract talks break down with each side blaming the other
Contract negotiations between UPS and the union representing 340,000 of the company’s workers broke down early Wednesday morning.
Posted inBusiness
Meta looks to target Twitter with a rival app called Threads
It is billed as a ‘text-based conversation app’ that is linked to Instagram, with the listing teasing a Twitter-like microblogging experience.