The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown clear signs of slowing.
News
Local, state and national news from the Kennebec Journal and Morning Sentinel.
Posted inNation & World, News
Lebanon rocked by second wave of exploding devices as Israel declares a ‘new phase’ of war
Lebanon’s health ministry says one person was killed and over 100 were wounded by exploding electronic devices.
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Posted inNation & World
Justice Department sues over Baltimore bridge collapse, seeks $100 million in costs
The lawsuit filed alleges that the electrical and mechanical systems on the cargo ship that caused the collapse were improperly maintained.
Posted inLocal & State, Morning Sentinel, News
3 injured in UTV crash Sunday in Solon
The driver of the vehicle was taken to a Portland hospital for treatment of his injuries, the Maine Warden Service said.
Posted inHealth, Local & State, News
Toxic foam risks persist at other ‘deficient’ Brunswick airport hangars
Inspection reports from 14 months ago show unaddressed deficiencies in 2 sprinkler systems that still use aqueous film-forming foam that contains forever chemicals.
Posted inBusiness, Local & State, Morning Sentinel
Waterville council rejects renewing marijuana retail license. Business owner says they didn’t ‘break any laws or ordinances’.
The City Council heard from one woman who said the noise from Bobby Buds on College Avenue is so loud her ears throb when she is in her nearby apartment.
Posted inBusiness, Local & State, News
Maine investigating moldy cannabis that led to state’s first recall
Cannabis Cured, the cultivator and retailer that sold the contaminated products, maintains that its samples passed an initial round of state-mandated testing.
Posted inKennebec Journal, Local & State, News
Augusta youth riding a moped dies after being struck on Civic Center Drive
The crash happened about 3:15 p.m. Tuesday when a youth riding a moped turning across traffic into the Rusty Lantern parking lot was struck by a southbound pickup truck.
Posted inLocal & State, Morning Sentinel
Jason Frost named new Waterville fire chief to ‘keep a good thing going’
Frost, 45, has been Waterville’s deputy fire chief just under three years and will succeed fire Chief Shawn Esler, who is leaving Oct. 3 to become the state fire marshal.
Posted inLewiston-Auburn, Schools and Education
Naloxone training coming to some Maine schools next week
Mandated by a new state law, public schools now offer training for students in secondary education to teach them how to administer the overdose antidote, even if the students choose not to take part.