Jimmy Lai, a pro-democracy activist, could face a maximum punishment of life imprisonment under the law imposed by Beijing.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Stocks extend losses as virus aid languishes in Congress
The latest bout of selling came as investors continue to hope for Washington to come through with another financial lifeline for Americans.
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Posted inBusiness, Maine
All $1.25 billion of Maine’s CARES Act funding now spoken for
A relief fund created in March was spent to support small businesses, unemployed workers, schools, healthcare providers and local governments.
Posted inBusiness, Maine
New Portland buildings to be designed, built to reflect post-pandemic reality
New office and medical buildings are being built to promote safer working conditions that limit viral spread.
Posted inBusiness, Nation & World, News
Retailers urge shoppers to buy early to beat shipping crunch
The earlier-than-usual deadlines come as more people turn to online shopping during the pandemic.
Posted inBusiness, Maine, Morning Sentinel
Bike and ski shop opens in downtown Waterville
Gorham Bike & Ski, a full-service shop at 50 Concourse West, is between The Villager Family Restaurant and Yardgoods Center.
Posted inBusiness, Nation & World
Airbnb shares more than double in price in long-awaited IPO
The San Francisco-based home sharing company makes a triumphant debut on the public market.
Posted inBusiness, Maine
Maine signs wind-focused clean energy accord with United Kingdom
The agreement is focused primarily on information exchange and does not involve any joint development projects or other capital investments.
Posted inBusiness, Maine, News
Logging organization disappointed Jay pulp mill will not be rebuilt
Members report a 30% to 40% reduction in wood markets this year.
Posted inBusiness, Maine
Maine’s new jobless claims hit 5-month high as virus surges
Almost 3,000 state unemployment claims were filed in the first week of December, the largest number of new claims filed in a single week since mid-July.