The CEO continues to insist he secured financial backing for what would have been a $72 billion buyout in 2018.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inArts & Entertainment, Business, Nation & World, News
Senators grill Ticketmaster after Taylor Swift fiasco
They also went after the price of tickets and fees, which now average 27% of the ticket cost and can climb as high as 75%.
advertisement
Posted inBusiness, Nation & World
EPA considers tougher regulation of livestock farm pollution
The U.S. Environmental Protection Agency has not revised its rules dealing with the nation’s largest animal operations since 2008.
Posted inBusiness, Maine, News
Tech company Garmin plans 50 hires, build-out at its Yarmouth site
The maker of GPS and navigation devices is quietly expanding at the former headquarters of mapmaker DeLorme, where Eartha keeps turning.
Posted inBusiness
Amazon discloses fresh wave of job cuts as tech layoffs worsen
It’s cutting almost 300 jobs in the Bay Area as part of its decision to eliminate 18,000 jobs worldwide.
Posted inBusiness, Kennebec Journal, Maine
Kenney Awards to celebrate business accomplishments of business community in Kennebec Valley
The Kennebec Valley Chamber of Commerce’s Kenney Awards returns to a live, formal event at the Augusta Civic Center on Friday, where members will honor award winners for their accomplishments.
Posted inBusiness, Nation & World
Elon Musk testifies in 2nd day of Tesla tweet trial
The CEO maintains he locked up financial backing for a Tesla buyout in 2018 and wasn’t trying to mislead investors.
Posted inBusiness
Is tipping getting out of control? Many consumers say yes
Workers say the extra money is a helpful income supplement, but some customers are bristling at the request at coffee shops and other counter service eateries where tipping has not typically been expected and staff make at least minimum wage.
Posted inBusiness, Maine, Nation & World, News
U.S. regulators deny emergency request to slow ships to ease whale strikes
Environmental groups argue that protecting the whales while they are on the move is especially important because mother whales and their young are at risk.
Posted inBusiness, Nation & World, News
Biden’s next climate hurdle: Enticing Americans to buy green
It’s a public relations challenge that could determine whether the country meets Biden’s ambitious goal to cut greenhouse gas emissions in half by 2030.