The second-hand clothing business is expected to grow exponentially by 2026.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Iconic Goodwill stores get serious with online treasures for thrifters
GoodwillFinds, a newly incorporated shopping venture, is making roughly 100,000 donated items available for purchase online and expanding Goodwill’s internet presence.
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Posted inBusiness, Nation & World, New England, News
Trucker strike raises concerns about disrupted food delivery in New England
A Massachusetts industry group representing about 400 nursing homes and assisted living residences said Tuesday that the truckers’ strike has raised concerns but that she has not heard of any missed deliveries.
Posted inBusiness, Nation & World, News
Musk offers to end legal fight, pay $44 billion to buy Twitter
However, the social media giant has options and doesn’t have to accept the Tesla CEO’s offer.
Posted inArts & Entertainment, Business, Nation & World, News
Kim Kardashian fined $1 million by SEC over crypto promotion
Kardashian is the latest celebrity to get ensnared in regulations that require full disclosure by people getting paid to promote financial products.
Posted inBusiness, Nation & World, News
Wall Street soars to best day since summer, with S&P up 2.6%
Helping to drive markets was a report on U.S. manufacturing that came in weaker than expected, along with data showing a drop-off in construction spending from July to August.
Posted inBusiness, Maine, New England, News
Maine DEP wants sections of proposed NECEC corridor cleaned up
The project to build a power transmission line through western Maine is suspended, but the state said the contractor must clean up crane mats and previously cut trees.
Posted inBusiness, Nation & World, News
UK scraps tax cut for wealthy that sparked market turmoil
Reducing taxes for top earners and scrapping a cap on bankers’ bonuses while millions face a cost-of-living crisis driven by soaring energy bills was widely seen as politically toxic.
Posted inBusiness, Nation & World, News
U.S. auto sales to fall a bit in 3rd quarter, even with September gains
General Motors manages to lead the industry for the quarter, selling more than 555,000 vehicles, a 24% increase over last year.
Posted inBusiness, Nation & World, News
Fraud, scam cases increasing on Zelle, Senate report finds
The report also found that the large banks that partly own Zelle have been reluctant to compensate customers who have been victims of fraud or scams.