Scammers allegedly filed jobless claims in multiple states and used over 205,000 Social Security numbers of dead people.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
More consumers buying organic, but farmers still reluctant
A new USDA effort would include $100 million toward helping growers learn new techniques.
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Posted inBusiness
Wall Street ends lower as global central banks raise rates
The losses are broad and concentrated among retailers and technology, financial and industrial stocks.
Posted inBusiness
Over 1 million Teslas recalled because windows can pinch fingers
The automatic reversal system may not react correctly after detecting an obstruction.
Posted inBusiness
Boeing will pay $200 million to settle charges over 737 Max
The SEC says the aircraft maker and its CEO knew the flight system posed a safety issue.
Posted inBusiness, News
Jay once again trying to develop a plan to brace for closing of Androscoggin Mill
Jay has been through many legal challenges with past mill owners, International Paper and Verso Corp. It is now owned by Pixelle Specialty Solutions of Pennsylvania.
Posted inBusiness
Biotechnology now employs nearly 10,000 workers in Maine
An industry report said jobs with life sciences companies in the state have an average salary of more than $100,000.
Posted inBusiness, Nation & World, News
Powell’s stark message: Inflation fight may cause recession
The Federal Reserve also forecast more jumbo-size hikes to come, raising their benchmark rate to roughly 4.4 percent by year’s end.
Posted inBusiness
Stocks slump on Wall Street as Fed steps up inflation fight
The major indexes are on pace for their fifth weekly loss in six weeks.