The value of household paper, cardboard, metal and plastic surged in the last year as demand for materials intensified.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Boy Scouts get conditional approval of $850 million bankruptcy deal
However, the judge rejected 2 key provisions of the deal, potentially jeopardizing the agreement.
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Posted inBusiness
Climate impact of coal sales from U.S. lands scrutinized
U.S. officials have launched a review of climate damage from coal mining on public lands.
Posted inBusiness
Federal regulators sharpen antitrust attack against Facebook
The FTC again is seeking remedies that could include a forced spinoff of Facebook’s popular Instagram and WhatsApp messaging services, or a restructuring of the company.
Posted inBusiness, Nation & World, Schools and Education
U.S. to erase student loan debt for those with severe disabilities
The move will wipe out more than $5.8 billion in debt and marks the start of a broader overhaul of a program that has been criticized for having overly burdensome rules.
Posted inBusiness, Nation & World, News
As hiring strengthens, new jobless claims stay low in Maine and U.S.
There is growing concern that the highly contagious delta variant could disrupt the economy’s recovery from last year’s brief but intense recession.
Posted inBusiness
Victim of cyberheist offers its hacker a job
The hacker – known only as ‘Mr. White Hat’ – claimed the attack against PolyNetwork was an act of ‘hacking for good.’ He’s promised to return the money he stole.
Posted inBusiness
Old Navy tries to normalize plus-size apparel in growth push
There’s one team creating all women’s apparel. All designs will be available in plus sizes. And the plus-size departments are being removed to sell all women’s fashion together.
Posted inBusiness, Kennebec Journal, Maine
Gardiner to celebrate longtime owner of Harvey’s Hardware
Bill Harvey is being celebrated for his decades of contributions to the Gardiner community as the owner of Harvey’s Hardware, his efforts in sustaining Gardiner’s downtown and his civic activities.
Posted inBusiness, Maine, News
Parents tout benefit of child tax credit at event hosted by Gov. Mills, Rep. Pingree
The two Democrats want Congress to make the tax credit permanent, saying it provides critical support for child care and other living expenses.