Jake Warn, 21, of Winslow, a college junior, has put his studies in entrepreneurship to work, creating SledTRX.com.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
Costly power grid upgrade to boost renewables will test Maine’s commitment
It’s becoming clear that achieving Maine’s climate goals is going to require a makeover of its electric grid on a scale that hasn’t happened since the 1970s.
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Posted inBusiness, News
Central Maine business briefs: University of Maine at Augusta designated as Military Friendly School
People & Places: New Dimensions Federal Credit Union welcomes new digital branch manager.
Posted inBusiness, Nation & World
A bumpy day leaves stocks mostly lower; bond yields ease
Losses in banks and health care stocks help drag the S&P 500 down 0.5%, erasing an early gain.
Posted inArts & Entertainment, Business, Nation & World
Laying out data, Netflix touts its record on inclusivity
The streaming giant achieved roughly gender parity among lead characters in both film and TV in 2018 and 2019.
Posted inBusiness, Nation & World
U.S. consumers boost spending 2.4% as income jumps
It’s a sign that the economy may be poised to sustain a recovery from the pandemic recession.
Posted inBusiness, Nation & World
United will pay $49 million to settle air mail fraud case
The Justice Department says former employees of the airline’s cargo division falsified parcel-delivery information between 2012 and 2015.
Posted inBusiness, Nation & World, News, Politics
Minimum wage increase must be stripped from COVID relief bill, Senate arbiter decides
The proposal would gradually raise the federal minimum wage to $15 over 5 years, well over the $7.25 in effect since 2009.
Posted inBusiness
Costco to raise starting hourly wage to $16, end hazard pay
CEO Craig Jelinek announced the increase Thursday at a Senate Budget Committee hearing to examine wages at major companies.
Posted inBusiness, Nation & World
Energy executive: Texas power plants turned off in crisis
The head of a major Texas energy corporation says forced blackouts that left 4 million customers without electricity also unplugged plants that could have generated more power as the state’s grid was at the breaking point.