Many appreciate the flexibility, but consumer advocates have expressed concerns that the growth of the payment method may ultimately leave Americans in more debt.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Life & Culture, Nation & World
How 2 Syrians in Rome are using hummus to aid war refugees and help migrants integrate
Shaza Saker and Joumana Farho have turned their small business into a support network, all while gaining a foothold in the capital city’s gastronomic scene.
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Posted inBusiness, Local & State, Morning Sentinel, News
New Balance to close Norridgewock factory, move operations into expanded Skowhegan facility
The transition to the consolidated manufacturing facility, to be called ‘Central Maine,’ will begin this fall. All jobs at the Norridgewock site will be transferred to Skowhegan, the company said Tuesday.
Posted inBusiness, Local & State, News, Schools and Education
UMaine to build $10.3 million aquaculture research, workforce training center
Set to open in 2025, the Sustainable Aquaculture Workforce Innovation Center in Orono will prepare students for careers in the rapidly growing aquaculture industry.
Posted inBusiness, Local & State, News
Former employee sues Bath Iron Works alleging ADA violations, racial discrimination
James Breaux, a Black resident of Morgan City, Louisiana, says that BIW violated the Americans with Disabilities Act and terminated him because of his race after creating a ‘racially hostile work environment.’
Posted inBusiness, Nation & World, News
Federal Reserve edges closer to cutting rates. The question will soon be, how fast?
The Federal Reserve is expected to signal this week that it will likely reduce borrowing costs as soon as September.
Posted inBusiness, Nation & World, News
UK’s new Treasury chief axes projects, retiree aid; blames inherited shortfall
Rachel Reeves has accused the previous government of covering up the dire state of the nation’s finances.
Posted inBusiness, Local & State, Maine Crime, News
The Maine Supreme Court asked large law firms to help with the public defender crisis. For the most part, they haven’t.
But criminal defense attorneys warn that their work is specialized, and not just any lawyer can step in and provide quality legal representation that ensures the rights of the accused are protected.
Posted inBusiness, Nation & World, News
TikTok collected U.S. users’ views on abortion, gun control and religion, Justice Department says
Government lawyers wrote in court documents that the sensitive data would up on Chinese servers accessible to ByteDance employees in China.
Posted inBusiness, Local & State, News
Plan to bring remote-controlled trains to South Portland rail yard draws safety, labor concerns
Union officials are urging city councilors to consider banning the driverless trains from moving hazardous materials and operating on tracks that connect with Amtrak passenger service.