The satellite carrier says the dispute was always financial and ‘never about limiting conservative voices.’
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
GM will stop making Camaro but successor may be in works
The Chevrolet Camaro has for decades been the dream car of many teenage American males
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Posted inBusiness, Nation & World
German group sues Facebook owner Meta over death threats
Environmental Action Germany demands that cities enforce air quality rules by banning certain heavily polluting vehicles.
Posted inBusiness, Health, Nation & World
Senators press Moderna CEO on COVID-19 vaccine price hike
Sen. Bernie Sanders, I-Vt., notes that the drugmaker has made over $20 billion in profits over the past two years, and the U.S. government contributed billions toward the shots’ development.
Posted inBusiness, Maine, News
New study suggests acidification from climate change could harm sea scallop populations
The study also found that acidity is increasing in the Gulf of Maine faster than at other locations on the East Coast.
Posted inBusiness, Nation & World
Vote on Biden’s pick to run FAA delayed amid Republican opposition
Meanwhile, the National Transportation Safety Board is examining six recent close calls between planes.
Posted inBusiness, Nation & World
Two more deaths, blindness linked to recalled eyedrops
The recalled drops from EzriCare and Delsam Phama were made by Global Pharma Healthcare in India.
Posted inBusiness, Maine, Morning Sentinel
Photos: A new Crossfit gym comes to Oakland
Sierra Tjelmeland and her mother, Diane Galusha, have joined to open Elm City Crossfit on Industrial Drive in Oakland, where they have 4,000 square feet of space for athletes of all levels to train. Photos by Morning Sentinel photographer Rich Abrahamson.
Posted inBusiness, Nation & World, News
Federal Reserve raises key rate by a quarter-point despite bank turmoil
The Fed says the U.S. banking system is ‘sound and resilient,’ but warns that the financial upheaval stemming from the collapse of 2 major banks is ‘likely to result in tighter credit conditions’ and ‘weigh on economic activity, hiring and inflation.’
Posted inBusiness, Nation & World, News
Stocks fall, bond yields tumble after Fed’s latest rate hike
Some of the sharpest drops come again from the banking industry, where investors are worried about the possibility of customers yanking their cash to cause more collapses.