The latest milestones punctuated the best month for the broader market in nearly a year.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
Tourism surged in Maine this summer after 2020 slowdown
The number of people visiting the state was far higher than in 2020 and even surpassed pre-pandemic volumes in 2019.
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Posted inBusiness, Nation & World
Japan keeps tourism freeze despite plunge in virus cases
That’s a hardship for the many businesses that had come to rely on foreign tourists, who numbered 32 million in 2019, before the pandemic.
Posted inBusiness, Maine
Supplier shuts lid on custom pizza boxes for some Maine eateries
Higher minimum order requirements for branded boxes, a consequence of supply chain issues, have forced some pizza parlors in the state to resort to generic versions.
Posted inBusiness, Nation & World
Britain seeks to calm tensions in fishing spat with France
Since the U.K. left the economic orbit of the EU in January, relations between London and Paris have become increasingly frayed.
Posted inBusiness, Nation & World, News
Wages jump by the most on record dating back 20 years
The figures for the third quarter demonstrate that workers are gaining greater leverage in the job market.
Posted inBusiness, Elections, Maine, News
Poll suggests nearly half of likely Maine voters will vote to stop CMP corridor
Digital Research found that slightly more than a third of respondents will vote to support the project, and 15% either weren’t sure or would not say.
Posted inBusiness, Nation & World
Broad gains for stocks push S&P 500, Nasdaq to record highs
Smaller stocks outpaced the broader market in a sign that investors are more confident about economic growth.
Posted inBusiness, Maine
Government, conservation groups file appeal to reinstate seasonal lobstering ban
The partial fishery closure, which would have taken effect this month, was intended to help protect the critically endangered North Atlantic right whale.
Posted inBusiness, Nation & World
In middle of a crisis, Facebook Inc. renames itself Meta
Skeptics accuse the company of trying to change the subject from the Facebook Papers, leaked documents that portray it as putting profits ahead of ridding its platform of hate, political strife and misinformation.