The median rent rose 2.4% in January from a year earlier to $1,942, the lowest annual increase since June 2021, data from Rent shows.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Shoe polish stands begin to vanish, lose their shine
The decline has been exacerbated by the pandemic, remote working and the rise in popularity of more casual workwear when people did return to the office.
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Posted inBusiness
With Domino’s opening in Farmington, ‘pizza wars’ taking place on community Facebook group
Many have taken to a local Facebook community page either to express their excitement or condemn those who choose large franchise chains over locally owned restaurants.
Posted inBusiness
Computer chip money underwriting ‘woke’ agenda, Republican senators say
Requiring some recipients of the $39 billion to offer child care and encouraging the use of union labor are elements of the CHIPS and Science Act funding guidelines announced Tuesday.
Posted inBusiness, Uncategorized
Labor judge: Starbucks violated worker rights in union fight
The judge found that Starbucks had threatened employees and spied on them during a unionization campaign in Buffalo, N.Y.
Posted inBusiness, Nation & World, News
Communities await first U.S. limits on ‘forever chemicals’
The EPA is expected to propose restrictions on harmful ‘forever chemicals’ in drinking water after finding they are dangerous in amounts so small as to be undetectable.
Posted inBusiness, Local & State, News
Court deals blow to $500 million fish farm plans on Midcoast mud flats
The proposed salmon-raising facility in Belfast got a setback when the Maine Supreme Judicial Court issued a ruling that sorts out who owns a parcel of intertidal land.
Posted inBusiness, Nation & World
Father of cellphone sees dark side – and hope – in new technology
Martin Cooper, 94, attends the telecom industry’s biggest trade show, where he was receiving a lifetime award.
Posted inBusiness
Starbucks brewing new olive oil-coffee concoctions in Italy
Interim CEO Howard Schultz presided over the launch of ‘Oleato’ last week on the eve of Milan Fashion Week.
Posted inBusiness
Stocks slip as stubborn inflation raises rate expectations
After a hot start to the year, the market is struggling.