It’s another sign that inflation is returning to something close to normal after years of pressuring America’s households in the wake of COVID-19.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Boeing’s lawyers argue for settlement opposed by relatives of those killed in 737 Max crashes
Grieving families attend a Texas courtroom where their lawyers ask a judge to throw out a plea agreement they say is a sweetheart deal for the airplane manufacturer.
Wall Street closes its latest record-setting week as banks jump
The Dow and S&P 500 both hit new highs, while Nasdaq’s more modest gain was kept in check by Tesla’s slide.
Maine issues 2nd recall of moldy cannabis
The recall affects several recreational cannabis products made by Nova Farms with the ‘Frosted Cookies’ strain.
Waterville board requires food truck court fence to be removed, replaced
The Waterville Planning Board told PoPo’s Food Truck Court developer PoPo Lu that she must replace the fence she installed around the property at 121 Kennedy Memorial Drive with a stockade fence and extend it to block headlights from shining in neighbors’ windows.
Disney World and other Orlando parks to reopen Friday after Milton shutdown
Some Halloween special events won’t be offered and they won’t necessarily be fully functioning Friday, but the public is welcome back, the parks said in statements.
Wilton Planning Board sets hearing on Dunkin’ coffee shop application
Ardent Adventures of Acton, Massachusetts, has a purchase and sale agreement with owner Melissa Ellis of Wilton.
Warby Parker store coming to the Old Port
The eyewear company plans to move into a nearly 2,000-square-foot space at 184 Middle St. early next year.
TD Bank to pay $3 billion in historic money-laundering settlement with Justice Department
The Justice Department said the bank allowed money laundering networks to move $670 million through TD Bank accounts over a period of several years.
Federal court sides with Avangrid in dispute over western Maine power corridor
A New Hampshire nuclear power station owned by NextEra must perform a safety upgrade critical to Avangrid’s 145-mile NECEC transmission line through western Maine, a federal appeals court ruled this month.