Some oil executives suggest that fossil fuel firms can keep up production if they find a way to capture planet-warming carbon emissions. Antonio Guterres vehemently disagrees.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Twitter worst among major social media platforms when it comes to LGBTQ safety, GLAAD says
GLAAD’s scorecard called Twitter ‘the most dangerous platform for LGBTQ people’ and the only social media platform that saw its scores decline from last year.
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Posted inBusiness, Word on the Street
Word on the Street: HydeOut at the Wharf plans to close following contentious move
The longtime area bar plans to close at the end of June with its “lights out” tour.
Posted inBusiness, News
Linda Bean sued for $228,000 by Boulos Co. over real estate dispute
The granddaughter of L.L. Bean allegedly failed to pay the firm a required commission related to the sale of a retail building in Freeport.
Posted inBusiness, Local & State, News
Maine wants to use $200 million to expand broadband access, starting where it’s needed most
The state is deciding how to use federal funds for improving high-speed internet access, and wants public input on some of the priorities that have been identified so far.
Posted inBusiness, News, Schools and Education
It’s almost time to resume student loan payments. Not doing so could cost you
More than 40 million Americans will have to start making federal student loan payments again at the end of the summer under the terms of a debt ceiling deal approved by Congress.
Posted inBusiness, Nation & World, News
Google must break up digital ad business over competition concerns, European regulators say
It’s the first time the EU has told a tech giant that it must split up key parts of its business over violations of its strict antitrust laws.
Posted inBusiness, Nation & World, News
Cases of check fraud escalate dramatically, with Americans warned not to mail checks if possible
The activity is fueled by a rise in organized crime that is forcing small businesses and individuals to take additional safety measures or to avoid sending checks through the mail altogether.
Posted inBusiness, Local & State, News
Rate hike approvals add to rising bills for CMP, Versant customers
The PUC approved an increase tied to renewable energy policies that will combine with a previous rate hike to raise an average CMP customer’s bill by more than $10 a month beginning July 1.
Posted inBusiness, Food & Dining, Local & State
Rosemont Market & Bakery names new CEO
Grocery industry veteran Mark Law is taking over operations from John Naylor, who has led the company since its founding in 2005 and will remain involved in a leadership role.