It’s the second notable collapse in the cryptocurrency universe in less than two months.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Automakers ask Congress to lift electric vehicle tax cap
The request comes as Americans find themselves financially pinched from all directions.
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Posted inBusiness, Nation & World
U.K. unveils bill to override Brexit deal in provocation to EU
The law would allow leaders to enact new rules on customs checks, tax and arbitration.
Posted inBusiness
No bartender required: Premixed Jack and Coke going on sale
Coca-Cola Co. is partnering with the maker of Jack Daniel’s Tennessee Whiskey to sell the cocktails.
Posted inBusiness, Lewiston-Auburn
Tambrands running full speed in face of tampon shortage
While supply chain problems are being blamed for empty shelves, Procter & Gamble says it’s Auburn facility is running 24/7 to try to meet demand.
Posted inBusiness
Bids for final charity lunch with Buffett top $3 million
The online auction that raises money to support the Glide Foundation’s work to help the homeless in San Francisco continues through Friday night.
Posted inBusiness, Nation & World
Wall Street enters a bear market as S&P dives 3.9%
At the center of the sell-off again is the Fed, which is scrambling to get inflation under control.
Posted inBusiness, Maine Cannabis Report, Nation & World
Germany moves ahead with plan to legalize cannabis sales
Lawmakers will hold hearings with international experts before drafting legislation.
Posted inBusiness, Maine Cannabis Report, Nation & World
Thailand makes cannabis legal, but smoking discouraged
With an ideal growing climate, the country sees economic benefits for farmers. It’s the first nation in Asia to decriminalize the drug.
Posted inBusiness, Nation & World, Uncategorized
WTO holds big meeting to tackle vaccines, food shortages
GENEVA — The head of the World Trade Organization predicted a “bumpy and rocky” road as it opened its highest-level meeting in 4-1/2 years on Sunday, with issues like pandemic preparedness, food insecurity and overfishing of the world’s seas on the agenda. At a time when some question WTO’s relevance, Director-General Ngozi Okonjo-Iweala hopes the […]