The app’s encrypted technology and disappearing messages make it tough to catch dealers.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Holiday procrastinators are back in force. Blame inflation.
Americans also shouldn’t expect bigger discounts the longer they wait as retailers have mostly maintained the same sales since Black Friday.
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Posted inBusiness, Kennebec Journal, Maine
Hallowell restaurant cited for 691 child labor law violations, fined $17,275
The violations at The Quarry Tap Room occurred over two years, and primarily involved employees younger than 18 working more hours than permitted by the state, according to officials.
Posted inBusiness, Nation & World
FTX founder’s parents post $250 million bond, agree to house arrest
The bail conditions also require that FTX founder Sam Bankman-Fried not open any new lines of credit, start a business or enter financial transactions larger than $1,000 without the approval of the government or the court.
Posted inBusiness, Nation & World, News
Applications for jobless claims up slightly last week
Slightly more Americans filed for unemployment benefits last week as the labor market continues to show strength.
Posted inBusiness, Nation & World
Storm adds uncertainty to strong holiday travel demand
Around 190 million people are currently under some type of winter weather advisory.
Posted inBusiness, Nation & World
New York to open 1st legal pot dispensary Dec. 29
In the coming months, the state is expected to issue 139 licenses, as about 900 applicants wait.
Posted inBusiness
Video gamers sue to stop Microsoft’s Activision Blizzard buy
The $68.7 billion acquisition would be the priciest-ever merger of technology companies.
Posted inBusiness
Musk says Twitter in precarious position, defends cost cuts
Meanwhile, shares of Tesla are down 35% since he took over the social media platform Oct. 27.
Posted inBusiness
Associates of FTX founder plead guilty to criminal charges
The guilty pleas were announced as Bankman-Fried was being flown to the U.S. from the Bahamas by U.S. law enforcement to answer to charges tied to his role in FTX’s failure.