Business - Centralmaine.com

FDA declines to regulate CBD products, calls on Congress for fix

by JONEL ALECCIA Associated Press January 26, 2023January 26, 2023

New rules could include clear labels, regulations regarding contaminants, limits on CBD levels and requirements, such as a minimum purchase age.

Business, Nation & World, News

U.S. economy slowed but still grew at 2.9% rate last quarter

by PAUL WISEMAN Associated Press January 26, 2023January 26, 2023

The economy’s expected slowdown is an intended consequence of the Federal Reserve’s aggressive series of rate hikes.

Business

Murdoch pulls plug on possible merger of News Corp., Fox

by Associated Press January 25, 2023

In statements Tuesday, the companies said their boards received letters from Rupert Murdoch withdrawing the plan.

Business

Light at the end of the tunnel: Grand Central annex opens

by BOBBY CAINA CALVAN Associated Press January 25, 2023

A huge new commuter rail terminal built in caverns beneath New York City’s landmark Grand Central Terminal received its first regular passenger trains Wednesday.

Business

AmazonSmile’s end is alarming, say nonprofits that benefited

by THALIA BEATY and GLENN GAMBOA Associated Press January 25, 2023

Since 2013, more than 1 million charities received donations from AmazonSmile, which sent a small portion of a customer’s purchase on Amazon to a nonprofit of their choice

Business

U.N. sees global economic growth slowdown in 2023

by EDITH M. LEDERER Associated Press January 25, 2023January 25, 2023

The gloomy 2023 forecast – a growth rate of 1.9%, down from 2022’s estimated 3% – is blamed on war in Ukraine, pandemic impacts, high inflation and the climate crisis.

Business, Maine

Grants will bring high-speed internet to 16,000 homes and businesses in rural Maine

by Megan Gray January 25, 2023January 26, 2023

Brookton and 10 surrounding communities will get high-speed broadband through an $8.1 million grant announced by the Maine Connectivity Authority this week.