Contract negotiations between UPS and the union representing 340,000 of the company’s workers broke down early Wednesday morning.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Meta looks to target Twitter with a rival app called Threads
It is billed as a ‘text-based conversation app’ that is linked to Instagram, with the listing teasing a Twitter-like microblogging experience.
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Posted inBusiness, Uncategorized
Musk, Zuckerberg lead a $852 billion surge among world’s richest people
2023 has been the best half-year for billionaires since the back half of 2020, when the economy rebounded from a COVID-induced slump.
Posted inBusiness, Uncategorized
Grammys CEO on new AI guidelines: Music that contains AI-created elements is eligible. ‘Period.’
The new Grammy AI protocols were announced three days after Paul McCartney shared that “the last Beatles record” had been composed using artificial intelligence to extract John Lennon’s voice from an old demo.
Posted inBusiness
Shopkeepers bring life back to downtown Wilton
Several shop owners are breathing new life into downtown Wilton with a monthly event featuring artisan vendors, crafting lessons and more.
Posted inBusiness, Nation & World, News
The wait for U.S. passports is creating travel purgatory and snarling summer plans
A much-feared backup of U.S. passport applications has snarled post-pandemic summer plans for would-be travelers around the world.
Posted inBusiness, Local & State, News
Christmas Tree Shops plans to close all its stores in the United States
The company will liquidate 82 stores, including three in Maine, unless a buyer emerges soon.
Posted inBusiness, Nation & World
Wall Street tacks a bit more to its big run for the first half of the year
Tesla was the strongest force lifting the S&P 500 upward after the market heavyweight climbed 6.9%.
Posted inBusiness, Nation & World, News
Elon Musk put new limits on tweets. Users and advertisers might go elsewhere
Twitter owner Elon Musk has put new curfews on his digital town square, the latest drastic change to the social media platform that could further drive away advertisers and undermine its cultural influence as a trendsetter.
Posted inBusiness, Local & State, News
Rain delays the start of the summer rush for Maine’s seasonal businesses
Seafood and ice cream shacks, boat rides and baseball have all taken a hit from the unusually wet weather.