The emergence of a new, potentially more infectious strain of the coronavirus raises worries that the economy is about to take even worse punishment.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
McDonald’s sells Spam burger with cookie crumbs in China
The ‘Lunchmeat Burger’ is part of a series of members-only promotions, the company says.
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Posted inBusiness, Nation & World
Congress’ rescue aid: A dose of support, but is it enough?
The package will provide urgently needed benefits to the unemployed, loans to help small businesses stay open and up to $600 in cash payments to most individuals.
Posted inBusiness, Nation & World
The holidays could make or break struggling stores
For some retailers, it could be their last chance at survival. And even a last-minute sales boost could be too late to save them.
Posted inBusiness
Bergman succeeds Horn as Disney Studios chairman
Alan Bergman has worked at Disney for 24 years and served as president of Walt Disney Studios from 2005 to 2019.
Posted inBusiness, Nation & World
Congress approves $900 billion COVID-19 relief bill, sending it to Trump’s desk
The bill includes individual payments reaching $600 for most Americans and an extra $300 a week in unemployment benefits.
Posted inBusiness, Local & State, News
Longtime executive at Maine Public retiring after 40 years
Charles Beck, vice president for radio and television content, will step down in January.
Posted inBusiness, Local & State
Seaweed industry stays afloat, even gains during pandemic
Seaweed harvesting and farming, based largely along the coast of Maine, has found a way to grow during the crisis.
Posted inBusiness, Nation & World
U.S. stocks slide from records as wait continues for Congress
Technology stocks, banks and companies that rely on consumer spending account for a big slice of the decline.
Posted inBusiness, Local & State, Nation & World
America’s scallop catch expected to dip by a fifth in 2021
But the projected catch of about 40 million pounds would still be more than any of the years from 2013 to 2015.