Nationally, the job market has been rebounding with surprising strength since the spring of 2020.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
GM aims to double revenue, lead U.S. in electric vehicle sales
The Detroit automaker plans to have more than half of its North American and China factories be capable of making electric vehicles by 2030.
U.S. poised to sue contractors that don’t report cyber breaches
The Justice Department will also protect whistleblowers who come forward to report those issues, Deputy Attorney General Lisa Monaco says.
Congress foresees short-term debt fix amid perilous standoff
Buying time until December will allow Republicans to avoid the blame they would have gotten from some quarters for blocking a vote on a longer extension.
Toymakers race to get products on shelves amid supply clogs
Manufacturers are wrestling with bottlenecks at factories and key ports like Long Beach, Calif. – and all points in between.
Eviction confusion, again: End of U.S. ban doesn’t cause spike
Instead of the expected surge in evictions, many landlords are holding off, waiting for federal rental assistance money to come through.
Portland sports tech firm KinoTek scores $2.1 million investment
The company, which has developed a platform to help clinicians rapidly obtain data on their clients’ movement, received the money from a Florida investment fund.
More than 5,000 pounds of Maine lobster meat recalled
A Bucksport company is recalling frozen cooked lobster meat because of potential contamination with bacteria.
The Wrap: Comfort food for Drew Brees, kudos to Hot Suppa and more Cowbell
Plus, a new landlord for Katie Made and an Indigenous Peoples’ Day dinner.
Biden says Senate filibuster change on debt a ‘real possibility’
But it seems highly unlikely, in part because all Democratic senators would need to be on board.