Persistent inflation and rising interest rates have Americans as pessimistic as they’ve been about the future in almost a decade.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Instagram hides some posts by abortion advocacy groups
Facebook and Instagram were promptly deleting posts that offered to mail out abortion pills in states that restrict their use. But similar posts offering to mail a gun or marijuana were not removed.
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Posted inBusiness, Maine, Morning Sentinel
Grant program gives lifeline to central Maine farms struggling to cover rising costs
The initiative run by the Maine Farmland Trust has provided financial support to farms in Albion, Somerville, West Gardiner and elsewhere that complete a 2-year program meant to fine-tune their business plans.
Posted inBusiness, Maine, News
America’s scallop harvest projected to decline again in 2022
Federal regulators, who are set to discuss the fishery at a meeting in Portland on Thursday, have said the scallop population in the Atlantic Ocean is healthy, but the mass of scallops has declined from record high levels of several years ago.
Posted inBusiness, Nation & World, News
G-7 leaders unite behind Ukraine, take aim at Kremlin oil money
The final statement from the Group of Seven summit in Germany underlined their intent to impose ‘severe and immediate economic costs’ on Russia.
Posted inBusiness, Health, Nation & World
Instagram and Facebook remove posts offering abortion pills
Facebook and Instagram have begun promptly removing posts that offer abortion pills to women who may not be able to access them following a Supreme Court decision that stripped away constitutional protections for the procedure
Posted inBusiness, Nation & World
Company buying Trump’s social media app faces subpoenas
Shares of Digital World Acquisition Corp. drop almost 10 percent.
Posted inBusiness, Nation & World
Credit Suisse fined over $2 million for facilitating cocaine cash laundering
The bank is also on the hook for a compensatory claim of more than $19 million.
Posted inBusiness, Nation & World
Feds seize 6 websites after probe of pirated Latin music
Corourbanos.com, Corourbano.com, Pautamp3.com, SIMP3.com, flowactivo.co and Mp3Teca.ws collectively reached about 6.6 million users per month.
Posted inBusiness, Nation & World
Germany suggests airlines nix VIP lanes amid airport chaos
Many are now struggling to find staff as travel rebounds.