Spending fell at stores that sell clothing, furniture and sporting goods.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
China’s faltering economic recovery adds to global growth risks
China’s outlook now depends on whether the COVID restrictions can be relaxed this month, and if Beijing will increase monetary and fiscal stimulus to prevent a sharper slowdown.
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Posted inBusiness, Nation & World
U.S. probing Autopilot problems on 765,000 Tesla vehicles
The U.S. government has opened a formal investigation into Tesla’s Autopilot partially automated driving system after a series of collisions with parked emergency vehicles.
Posted inBusiness, Food & Dining, Local & State
Cheesemakers, aquaculturists, farmers to get grants in Maine
The Maine Department of Agriculture, Conservation and Forestry said it is awarding about $250,000 in grants this year.
Posted inBusiness, Maine Cannabis Report, Nation & World, Politics, Uncategorized
Veterans push for medical marijuana in conservative South
Many of the remaining 14 states that don’t allow medical marijuana are dominated by Republican legislatures where veterans groups may have outsized influence.
Posted inBusiness, Nation & World
New York City to require vaccinations for museums, stadiums, casinos
The move expands an earlier vaccine requirement issued for indoor dining that goes into effect this week.
Posted inBusiness, Local & State
Tech firm born in Maine uses AI to monitor commercial fishing
New England Marine Monitoring’s new technology could drastically reduce a tedious component of fisheries management and help make the industry safer.
Posted inBusiness, Local & State
Lobster boat tracking coming to protect whales, fishery
An arm of the Atlantic States Marine Fisheries Commission says it’s considering implementing tracking requirements for lobster boats that have federal permits.
Posted inBusiness, Food & Dining
Pearl Kennebunk closes amid pandemic’s ‘ripple effects’
The restaurant, owned by the same chef who introduced New Yorkers to lobster rolls, is another victim of the pandemic.
Posted inBusiness, Nation & World
U.S. case against Huawei CFO ‘flawed,’ her lawyers say
The U.S. wants Meng Wanzhou, the daughter of the Chinese communications giant’s founder, extradited from Canada to face fraud charges.