Logging is expected to begin immediately for new trails and lift line.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Exxon Mobil accurately predicted warming since 1970s, study says
Exxon-funded research didn’t just confirm what climate scientists were saying but forecasted the coming warming with precision equal to or better than government and academic scientists.
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Posted inBusiness
U.S. applications for unemployment benefits lowest in 15 weeks
December’s jobs report suggests the labor market may be cooling in a way that could aid the Fed’s fight against high inflation.
Posted inBusiness, Nation & World
Minimal airline delays, cancellations a day after U.S. outage
The breakdown Wednesday showed how much American air travel depends on a singular computer system that offers safety information to pilots.
Posted inBusiness, Nation & World
U.S. consumer inflation eases for sixth month in row
The softer readings add to growing signs that the worst inflation bout in four decades is steadily waning.
Posted inBusiness, Nation & World, Politics
U.S. will max out on debt soon, setting up political fight
Past forecasts suggest a default could instantly bury the country in a deep recession, right at a moment of slowing global growth.
Posted inBusiness, Nation & World
‘Cyber incident’ hits U.K. postal service, halts overseas mail
Services for mail coming into the country are operating with minor delays.
Posted inBusiness
Electric vehicles win truck, utility of the year awards
Ford’s F-150 Lightning and Kia’s EV6 take top honors.
Posted inBusiness
Stocks rise as traders make last moves before inflation data
Economists expect Thursday’s report to show inflation is continuing to cool from its summertime peak.
Posted inBusiness
Rumford Marden’s shuts doors for good because of safety reasons
Store officials announced Wednesday night that the store is closing due to unspecified safety reasons at the Route 2 facility.