Sam Bankman-Fried, the disgraced FTX founder has agreed to be extradited to the United States.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Local & State, Nation & World
Christmas tree demand remains high despite inflation
Americans are cutting back on spending in some areas this holiday season
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Posted inBusiness, Maine Cannabis Report, New England
Massachusetts adding cannabis to driver’s education program
It’s the first state to adopt the curriculum designed by AAA Northeast.
Posted inBusiness, Nation & World, News
In Twitter poll, users tell Musk to step down as CEO
More than half of 17.5 million users who responded to a Twitter poll created by Musk over whether he should step down as head of the company had voted yes by the time the poll closed Monday morning.
Posted inBusiness, Local & State, News
Maine bankruptcy filings now on track to hit lowest level in decades
A predicted surge during the pandemic has not materialized, but some experts also warn bankruptcies could be on their way up again.
Posted inBusiness, Local & State
Postal carriers hold rally over delivery delays
Workers demonstrate in front of the Forest Avenue post office in Portland, saying they’re being told to prioritize delivering packages, causing long delays for regular mail.
Posted inBusiness, Nation & World
Twitter bans linking to Facebook, Instagram, other rivals
It’s the latest move by new owner Elon Musk to crack down on certain speech.
Posted inBusiness, Local & State, News
Electricity rate option triggers skepticism, partisan charges
Heat pump rates are not being subsided by other customers, the Maine Public Utilities Commision says.
Posted inBusiness, Local & State, News
Have a heat pump? New electric rates could save you money
The new rates, which apply to the delivery portion of electricity bills, aren’t for everyone. Scrutinizing when and how much power you use is key to potential savings.
Posted inBusiness, Local & State, News
‘Our courtrooms aren’t big enough’: Tenants take the last, desperate step to avoid eviction
Mainers increasingly risk losing their housing at a time when shelters are strained and experts say nearly half the state’s tenants are paying too much for rent.