The agreement was struck between the crypto exchange and the Commodity Futures Trading Commission.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Maine, News
Regulators move to delay increase in minimum lobster size
Lobster harvesters and dealers say that the fraction-of-an-inch change could eliminate the most lucrative segment of their catch and give Canadian competitors an unfair advantage.
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Posted inAndroscoggin County, Business, Franklin, News, Oxford Hills
Small businesses, nonprofits in Androscoggin, Oxford and Franklin counties to get storm relief funds
Businesses can be awarded as much as $100,000 from a pool of $5.8 million funds in this first round of grant awards.
Posted inBusiness
Wall Street rallies to its best day since 2022 on encouraging unemployment data
The S&P 500 jumped 2.3% and shaved off all but 0.5% of its loss from what was a brutal start to the week.
Posted inBusiness
Startups race to make water out of thin air
Materials that are bigger on the inside than the outside provide a futuristic solution to supply water to an increasingly arid planet.
Posted inBusiness, Nation / World
After baby’s death, Kentucky parents sue infant formula maker at center of 2022 crisis
The parents of Kentucky baby who died last fall after drinking bacteria-tainted infant formula are the latest to sue manufacturer Abbott Nutrition.
Posted inBusiness, Nation / World
Fewer Americans filed for jobless benefits last week
But applications remain at slightly elevated though not troubling levels.
Posted inBusiness, Nation / World
France warns of nuclear cuts as European heat intensifies
The French utility uses water to cool its reactors before releasing it into the rivers, and overheating the waterway can threaten fish and other wildlife.
Posted inBusiness, Lewiston-Auburn
Sen. Susan Collins marvels at Lewiston shoemaker’s work
‘A tribute to Maine craftsmanship,’ Collins said during a tour of Rancourt & Co.’s factory Thursday.
Posted inBusiness, Nation / World, News
Homeowners race to refinance as mortgage rates retreat from 23-year highs
Home loan applications rose overall last week to their highest level since January, though much of that was due to the surge in refinance applications.