Business - Centralmaine.com

Company starting to recover oil from Kansas pipeline spill

by JOHN HANNA Associated Press December 13, 2022December 13, 2022

It was the largest spill on the Keystone system since it began operating in 2010 and bigger than 22 previous spills on the system combined.

Business, Nation & World, News

Fusion breakthrough is milestone for climate, clean energy

by MATTHEW DALY, MICHAEL PHILLIS, JENNIFER McDERMOTT and MADDIE BURAKOFF Associated Press December 13, 2022December 13, 2022

Proponents hope it could one day produce nearly limitless, carbon-free energy, displacing fossil fuels.

Business, Nation & World, News

A slowdown in U.S. inflation eases some pressure on households

by CHRISTOPHER RUGABER Associated Press December 13, 2022December 13, 2022

Gas and electricity prices have fallen, but grocery costs continue to be a sore spot.

Business, Nation & World, News

FTX founder charged by U.S. for ‘scheme’ to defraud

by KEN SWEET and FATIMA HUSSEIN Associated Press December 13, 2022December 13, 2022

The complaint alleges that Sam Bankman-Fried raised more than $1.8 billion from equity investors since May 2019 by promoting the cryptocurrency exchange company as a safe platform for trading assets.

Business, News

Musk’s Twitter dissolves Trust and Safety Council

by MATT O'BRIEN and BARBARA ORTUTAY AP Technology Writers December 12, 2022December 13, 2022

Elon Musk’s Twitter has dissolved its Trust and Safety Council, the group that addresses hate speech, child exploitation, suicide, self-harm and other problems on the platform.

Business, Nation & World

Former FTX CEO Sam Bankman-Fried arrested in the Bahamas

by KEN SWEET AP Business Writer December 12, 2022December 12, 2022

The former CEO of failed crypto firm FTX Sam Bankman-Fried’s arrest comes just a day before he was due to testify in front of the House Financial Services Committee, along with the company’s current CEO, John Ray III.

Business

Twitter relaunching subscriber service after debacle

by Associated Press December 12, 2022December 12, 2022

The company owned by billionaire Elon Musk has also started granting a new gold-colored check mark to businesses on the platform.

Business, Maine, Morning Sentinel

Parking dispute erupts at Railroad Square complex, prompting Waterville restaurant to seek new home

by Amy Calder December 12, 2022December 13, 2022

Buen Apetito, a popular eatery that has been in the Railroad Square complex off Chaplin Street for 20 years, is looking for another location following problems with parking and other matters.