Netflix suffered its first subscriber loss in more than a decade, causing its shares to plunge 26%.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, Morning Sentinel
Northern Light Health names new president of Waterville hospital, care center
Tricia Mercer will assume her new role May 9 overseeing Northern Light Inland Hospital and Northern Light Continuing Care Lakewood.
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Posted inBusiness, Maine, Politics
Bill establishing Maine Space Corp. signed into law
The public-private partnership will be charged with developing the Maine Space Complex and overseeing the launching of small satellites.
Posted inBusiness, Uncategorized
Florida Gov. DeSantis pushes to end Disney self-government
DeSantis is asking the Legislature to repeal a law allowing Walt Disney World to operate a private government over its properties in the state.
Posted inBusiness, Lewiston-Auburn, Maine
Gov. Janet Mills signs law to close loophole that allows out-of-state debris
Final measure revised to ease the impact on Lewiston recycler that has benefited from past policy.
Posted inBusiness, Nation & World, New England
Biden pushes infrastructure plans in New Hampshire visit
Under the $1 trillion infrastructure law, $1.7 million will be used to dredge Portsmouth Harbor’s shipping channel and basin.
Posted inBusiness, Maine, News
Maine transit agencies drop mask requirement
Starting Wednesday, passengers on public transportation in southern Maine will no longer have to wear masks after a federal judge struck down a nationwide face covering mandate.
Posted inBusiness, Nation & World
FEMA reimbursed ineligible COVID-19 funeral expenses, report says
Ineligible expenses included a $3,760 charge for transportation that consisted of “two lead escort vehicles, a limousine, and a horse and carriage,” the report said.
Posted inBusiness, Kennebec Journal, Maine
Watch: Augusta ax-throwing center will bring woodsmen sport, zombies indoors
Mike Yeaton and Mary Young are bringing hatchet throwing to Maine’s capital region through Hatchet House in The Marketplace at Augusta, where people can spend an hour hurling hatchets for fun starting in May.
Posted inBusiness, Kennebec Journal, Maine, News
Restaurant proposal for last Edwards mill building in Augusta would involve $1 sale from city to developers
Proposal would bring a restaurant, and maybe not the initially proposed wine bar and tapas eatery, to the Northern Avenue site.