Some fatter-than-expected profit reports from tech companies helped drive the market.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Online marketplace eBay to drop American Express, citing fees, and says customers have other options
eBay cites ‘unacceptably high fees’ and says customers have other payment options to shop online.
advertisement
Posted inBusiness, Nation & World, News
UN chief wants a tax on profits of fossil fuel companies, calling them ‘godfathers of climate chaos’
The burning of fossil fuels – oil, gas and coal – is the main contributor to global warming caused by human activity.
Posted inBusiness, Nation & World, News
Dollar Tree looking at options for Family Dollar, including possible sale of the segment
The company has had difficulty incorporating Family Dollar into its business and recently announced that it would close nearly 1,000 stores.
Posted inBusiness, Health, Local & State, Morning Sentinel, News
Skowhegan hospital looks to build medical office building
Redington-Fairview General Hospital has submitted a proposal to the town’s Planning Board for a three-story, 24,000-square-foot building and expanded parking.
Posted inBusiness
Boeing launches NASA astronauts for first time after years of delays
A pair of test pilots blasted off aboard the Starliner capsule for the International Space Station.
Posted inBusiness
Maine regulators order audit of Versant Power after multiple rate increases
State utility regulators did not give reasons why they ordered an audit of Maine’s second-largest utility, but it acted after rate increases this year and in 2023 and a request for another in 2025.
Posted inBusiness, Lewiston-Auburn, Local & State
New community board announced to advise Maine Trust for Local News
Owner of Morning Sentinel & Kennebec Journal and other papers gathering input from community leaders across Maine.
Posted inBusiness, Nation & World
Mourners can now speak to an AI version of the dead. But will that help with grief?
There’s little known about the potential short- and long-term consequences of using digital simulations for the deceased on a large scale.
Posted inBusiness
U.S. job openings fall to 8.1 million, lowest since 2021
The nation has averaged a solid 234,000 new positions a month over the last year.