U.S. stocks rose to records after the latest wild swerves for Chinese stocks left few ripples in markets worldwide.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
How Waffle House helps Southerners – and FEMA – judge a storm’s severity
For some residents of storm-prone Southeastern states, the best indicator of a hurricane’s severity can be found at the local Waffle House.
Bathroom break at work? Swiss court upholds watchmaker’s rule to do it on your own time
A court in Switzerland has ruled that a manufacturer was justified in telling workers: If you need a bathroom break, clock out and take it on your own time.
Waterville board votes to approve plans for solar farm off County Road
WATERVILLE — The Planning Board voted unanimously 7-0 Tuesday to approve a final plan for a solar farm on about 10 acres at 244 County Road. The 1.99-megawatt solar farm, to be developed by BD Solar Holmes Farm LLC, will be on land leased to the business by property owner Kevin Violette. One megawatt can […]
Largest union at Sappi’s Skowhegan paper mill holds rally amid contentious contract negotiations
Members of United Steelworkers Local 4-9 recently voted to authorize a strike if needed amid ongoing contract negotiations, with forced overtime, health benefits and proposed changes to earned paid leave policies among their chief issues.
Maine Turnpike Authority warns of ‘smishing’ scam to collect phony toll charges
The scam involves text messages that appear to be from the Maine Turnpike Authority claiming there is an unpaid E-ZPass toll and threatening an additional fee if not paid immediately.
States sue TikTok, claim platform is addictive and harms kids’ mental health
More than a dozen states and the District of Columbia have filed lawsuits against the video platform.
Madison officials step away from plan to buy former drugstore building on Old Point Avenue
The Select Board decided Monday against putting the purchase of the property on a special town meeting warrant, after plans fell through for a methadone clinic there.
Wall Street slides after Treasury yields climb back above 4% and oil rises
Monday’s sharpest losses hit stocks of utility companies.
NSA investigating potential Chinese hacking of American telecom firms
The NSA has warned since 2022 that telecommunications infrastructure was vulnerable to Chinese hacking.