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Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
U.S. jobless claims rise by 7,000, but still low at 207,000
The job market has bounced back from last year’s brief but intense coronavirus recession.
Recreational marijuana sales in Montana top $1.5 million in first weekend
The 20 percent sales tax raises over $313,000 in revenue for the state.
Uber rider refunded $600 after interstate shutdown
Hundreds of motorists were stranded in freezing temperatures along a 40-mile stretch of I-95.
Fed officials see U.S. job market near full recovery
Policymakers say the central bank’s low interest rate policies are no longer needed.
PG&E blamed for massive Northern California wildfire
The Dixie Fire burned nearly 1 million acres in Butte, Plumas, Lassen, Shasta and Tehama counties.
Maine can require cable companies to pay refunds for canceled service, court says
The court found that Maine’s law does not constitute an unlawful state regulation of cable rates.
Stocks slump after release of Fed minutes
The tech-heavy Nasdaq falls 3.3 percent, its worst decline since February.
CDC urges Pfizer boosters for younger teens
About 5 million children are eligible because they got their last shot at least five months ago.
State will use $3.5 million in federal funds to help older Mainers pay property taxes
Gov. Mills said the loans will cover annual property tax bills for some residents who are unable to pay them and are age 65 and older or are permanently disabled.