The retirement plan has participants in almost every state, with the largest concentration in the Midwest.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
The Federal Reserve is deflating financial bubbles, without a crash
Fed policymakers have long shied away from using monetary policy to address asset bubbles, saying interest-rate hikes are too blunt a tool for such a mission.
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Posted inBusiness, Nation & World, News
Hundreds of New York Times employees picket offices during 24-hour strike
Reporters, editors, photographers and other employees go on strike after marathon negotiations broke off Wednesday evening.
Posted inBusiness
Two women sue Twitter alleging discriminatory layoffs
The lawsuit alleges that 57% of female employees were laid off, compared to less than half of men.
Posted inBusiness, Nation & World, News, Uncategorized
Former Theranos executive gets nearly 13 years
After years of promoting the technology, ex-CEO Elizabeth Holmes and Balwani were warned that the blood tests were inaccurate, but they continued to raise money from investors.
Posted inBusiness
Juul reaches settlements covering thousands of lawsuits over e-cigarettes
The vaping company announced hundreds of layoffs last month and bankruptcy appeared increasingly likely.
Posted inArts & Entertainment, Business
Microsoft strikes 10-year deal with Nintendo on Call of Duty
That depends on whether its $69 billion purchase of game maker Activision Blizzard goes through.
Posted inBusiness
China trade shrinks amid weakening demand, interest rate hikes
A ‘zero-COVID’ strategy shut down large sections of cities, disrupting business and confining millions to their homes.
Posted inBusiness
Slump in tech stocks helps send Wall Street to another loss
The U.S. will release data on weekly unemployment claims Thursday and a report on wholesale prices Friday.
Posted inBusiness
New York Times braces for 24-hour newsroom strike
Workers are fed up with bargaining that has dragged on since their last contract expired in March 2021.