Washington is looking to ensure that Chinese companies don’t act as a conduit for the transfer of technology to their country’s military.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, News
Farmington Solar, construction company enter agreement to pay $20,100 civil penalty
The penalty is for soil erosion violations at one of the solar projects in New England located in Farmington.
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Posted inBusiness
Another month of solid hiring suggests more big Fed hikes
September’s unemployment rate dropped from 3.7% to 3.5%, matching a half-century low.
Posted inBusiness, New England, New England Patriots, Sports
Fan sues Patriots, says they ruined his Brady-signed flag
The owner says it was improperly displayed at the team’s hall of fame, causing the quarterback’s signature to fade significantly.
Posted inArts & Entertainment, Business
Celebrities taking part in Black Entrepreneurs Day
Applications for $25,000 grants will be taken through Wednesday.
Posted inBusiness, Nation & World, New England, Schools and Education
Thousands receive erroneous acceptance emails from Boston law school
Northeastern University School of Law accidentally tells 4,000 former and current applicants they’ve been accepted.
Posted inBusiness, Nation & World, Politics
Biden: IBM investment will help in tech competition with China
He also celebrates Intel’s plant groundbreaking in Ohio and an investment by WolfSpeed for chip production in North Carolina.
Posted inBusiness
IMF director warns of higher recession risk, darker global outlook
Meanwhile, Treasury Secretary Janet Yellen calls for ambitious policy solutions and doesn’t use the word ‘recession’ once.
Posted inBusiness
Average long-term U.S. mortgage rates dip to 6.66%
One year ago, the rate stood at 2.99%.
Posted inBusiness
Stocks close lower again on Wall Street
But the S&P is up 4.4% for the week, after its best two-day rally since 2020.