The gains are broad, with about 81 percent of the companies in the S&P 500 moving higher.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
U.S. adds Chinese chipmaker, oil giant to security blacklist
The Chinese foreign ministry accuses Washington of abusing national security arguments to handicap fledgling Chinese industrial competitors.
Denmark to end oil, gas extraction in North Sea by 2050
The Danish Parliament voted late Thursday to end the practice, which started in 1972 and made the country the largest producer in the European Union.
U.K.-EU trade talks ‘paused’ with Brexit deal still elusive
The European Union’s chief negotiator says he and his British counterpart will brief their political leaders on the stalled negotiations.
Long-running dispute over regional energy market settled
A former state official and his company will pay nearly $1.5 million to settle the allegations, which were first unveiled in 2012.
House votes to decriminalize marijuana at federal level
Supporters say the bill would help reverse adverse effects of the decades-long ‘war on drugs,’ while opponents call it a hollow political gesture.
Gripped by surging pandemic, U.S. employers cut back on hiring
November’s gain of 245,000 jobs was down drastically from a 610,000 increase in October.
Farmington Center for Entrepreneurial Studies envisioning boys and girls club
Vision is to reduce poverty and homelessness and increase diversity and inclusion.
Late stumble leaves S&P 500 just short of a record high
The benchmark index slipped 0.1 percent after spending much of the day higher.
Buenos Aires’ cafe culture fighting to survive amid pandemic
The Argentine capital’s many historic cafes and bars are officially recognized as ‘cafes notables’ for their contribution to the city’s culture.