While the U.S. has limited trade ties with Russia and Ukraine, businesses from beer breweries in Missouri to semiconductor plants in California would see an impact.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Virus cases climb in China, raising threat of trade disruption
Anti-virus controls have forced auto and electronics makers to shut factories in China and are raising risks of wider disruptions if the curbs spread to Chinese ports that are among the world’s busiest.
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Posted inBusiness, Nation & World
Trial over approval of Boy Scouts bankruptcy begins
The reorganization plan calls for contributing up to $786 million in cash and property to a fund for claimants of child sexual abuse.
Posted inBusiness, Nation & World, Politics
Russian tycoon’s charges unsealed in Giuliani-linked case
He was secretly charged in a New York court in 2020 with making illegal political donations.
Posted inBusiness, Nation & World
Once a powerful symbol in Russia, McDonald’s withdraws
The chain temporarily closes about 850 stores in response to the invasion of Ukraine.
Posted inBusiness, Nation & World
Israel grapples with fate of oligarchs
It’s caught between maintaining its status as a haven for any Jew without enabling Russian tycoons to evade sanctions.
Posted inBusiness, Maine
Legislature moving to curb ‘dark store theory’ tax assessments
The challenges to assessments of large retail operations can cost communities million in property tax collections.
Posted inBusiness, Politics
Manchin opposition imperils Biden’s Fed nominee
Sarah Bloom Raskin would need to pick up a Republican vote to win Senate approval.
Posted inArts & Entertainment, Business
Home entertainment ballooned in 2021, report says
The digital surge came as the pandemic battered the global box office.
Posted inBusiness
Stocks mostly lose; oil slides toward $100; bond yields rise
The Fed is expected to raise its key short-term interest rate by a quarter of a percentage point Wednesday.