The Los Angeles City Council is expected to vote as soon as next week.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
New step to curb tech giants’ power advanced by Senate panel
Bipartisan legislation advanced by a Senate panel would bar the dominant online platforms from favoring their own goods and services over those of rivals on the platforms
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Posted inBusiness
Intel building $20 billion Ohio chip facility amid global shortage
Chip maker Intel said it will help alleviate a global shortage of chips powering everything from phones to cars to home appliances.
Posted inBusiness
Mars gives M&M’s a makeover to promote inclusivity
The company said that it will provide a modern take on the appearances of the characters and give them more nuanced personalities.
Posted inBusiness
Think your home value is soaring? Talk to a farmer
For all the talk about rising U.S. home values in cities and suburbs, they have nothing on the skyrocketing price of farmland
Posted inBusiness, Kennebec Journal, Maine
Central Maine customers among those experiencing Redzone Wireless networkwide outage
The company wrote that the service interruption is due to a fiber issue.
Posted inBusiness, Maine, News
Giant crane assembled to help build state’s tallest building in downtown Portland
The 250-foot-tall crane will spend the next 11 months or so behind the Congress Street post office.
Posted inBusiness, Maine
Market for single-family homes may slow in Maine, but interest in multi-units is growing
Industry leaders made their predictions for 2022 at the Maine Real Estate and Development Association’s annual real estate forecast conference Thursday.
Posted inBusiness, Maine
Maine real estate market continues trend of slower sales, higher prices
Sales eked out a small gain in 2021 while median prices rose more than 16%.
Posted inBusiness, Nation & World
Security scanners across Europe tied to Chinese government, military
Nuctech has been frozen out of the U.S. for years due to national security concerns, but it has made deep inroads across Europe, installing its devices in 26 of 27 EU member states.