Major indexes rose in the early going, but their gains faded fast.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Local & State, New England, News
Judge weighs whether work can resume on building CMP corridor
Lawyers for the 145-mile electricity transmission project said work needs to get going soon or it won’t be economically viable.
advertisement
Posted inBusiness, Local & State, News
Court agrees to fast-track Maine lobstering group’s appeal of whale rules
The U.S. Court of Appeals for the District of Columbia agrees to expedite the Maine Lobstermen’s Association’s appeal of a National Marine Fisheries Service decision regarding right whale protections.
Posted inBusiness, Local & State, News
Train derails in Piscataquis County due to track washout
Nobody was injured when the train derailed near Milo.
Posted inBusiness, Uncategorized
Marijuana coming to some Circle K gas stations next year
Under the agreement, Green Thumb Industries Inc., one of the largest U.S. cannabis producers, will lease space from Circle K locations.
Posted inBusiness, Nation & World
Soaring U.S. dollar spreads pain worldwide
The soaring U.S. dollar is adding to global inflationary pressures at a time when prices were already soaring.
Posted inBusiness, Nation & World
Semafor website debuts, aims to reinvent news story
Its founders envision it to help consumers make sense of all that’s out there.
Posted inBusiness, Nation & World
MacKenzie Scott gives Girl Scouts $85 million
It’s the largest donation the group has received from an individual since its founding in 1912.
Posted inBusiness, Nation & World
Gates Foundation boosts GivingTuesday with $10 million gift
The Giving Pledge asks billionaires to donate over half of their wealth, while GivingTuesday seeks to mobilize everyone else.
Posted inBusiness
Stocks climb on Wall Street as investors focus on earnings
Major indexes are still stuck in a bear market, which is when they’ve fallen at least 20% from their most recent all-time highs.