Terms of the sale to MSP Sports Capital were not released.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Low-wage workers bear financial brunt of denied abortions
It has always been difficult to be pregnant on the job and to raise a child, but especially so for low-wage workers.
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Posted inBusiness, Nation & World
With Americans feeling pinched, Biden targets banks’ ‘junk fees’
The Consumer Financial Protection Bureau is targeting overdraft fees charged by banks as well as bad check fees, which are levied against a bank customer when a check isn’t valid.
Posted inBusiness, Uncategorized
Stocks end mixed on Wall Street amid weak tech earnings
Investors weighed the latest batch of earnings reports, including weak results from several heavyweight technology companies.
Posted inBusiness
Musk posts video of himself strolling into Twitter HQ
Elon Musk faces a Friday deadline to close his $44 billion deal to buy the company.
Posted inBusiness
Oxford County bakery puts out 3,200 whoopie pies for one customer
Not even in business two months, Katherine Olinkiewicz has already fulfilled a record custom order.
Posted inBusiness, Nation & World, News
Record number of Americans now have bank accounts, government reports
The FDIC attributed most of the improvement to the stronger economy in 2021, as the coronavirus pandemic restrictions largely expired and there were low levels of unemployment.
Posted inBusiness, Nation & World, News
Clorox recalls cleaning products that may contain bacteria
The Clorox Company said Tuesday it has recalled its scented multi-surface cleaners and all-purpose cleaners.
Posted inBoys Hockey, Business, Sports
In final tribute, Travis Roy Foundation to honor founder’s legacy
The foundation named for the Augusta native, hockey star and advocate for people with spinal cord injuries is ending its run by making two donations totaling $4 million.
Posted inBusiness, Nation & World
Renters face charging dilemma as U.S. cities move toward EVs
Americans who live in apartments without private garages are stringing extension cords across sidewalks and waiting in line at public charging stations for hours to power up their electric vehicles.