The ECB cut its key interest rate by a quarter of a point, moving ahead of the Reserve as central banks around the world lean toward lowering borrowing costs.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Nation / World
U.S. antitrust enforcers will investigate leading AI companies Microsoft, Nvidia and OpenAI
The entire AI industry has also relied heavily on Nvidia’s specialized semiconductors to power AI applications.
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Posted inBusiness, Nation / World
Boeing’s astronaut capsule arrives at space station after thruster trouble
The company plans to keep Starliner at the space station for at least 8 days before guiding it to a landing in the western U.S.
Posted inBusiness, Maine, News
Energy company wants Maine to use its port instead of Sears Island for offshore wind hub
Competition for Maine’s offshore wind port is sharpening with Sprague Operating Resources proposing Mack Point as an alternative to the state’s preferred site on nearby Sears Island.
Posted inBusiness, Noteworthy
Farmington center wins Maine American Institute of Architects design award
FARMINGTON — The new University of Maine at Farmington Sweatt-Winter Child Care and Early Education Center, designed by CHA Architecture of Portland, has won a Maine American Institute of Architects design award. The award was announced at a public event on May 9, and the Sweatt-Winter center will be featured along with other award-winning projects […]
Posted inBusiness, Noteworthy
Lewiston, South Paris long-term care facilities receive awards
AUGUSTA — Ten long-term care facilities in Maine have been recognized as 2024 recipients of the Bronze — Commitment to Quality Award by the American Health Care Association and National Center for Assisted Living for their commitment to improving the lives of residents through quality care. Among those are Marshwood Center in Lewiston and the […]
Posted inBusiness, Noteworthy
Nurse joins Farmington’s Franklin Health Primary Care
Amanda Berube has joined the medical staff of Franklin Health Primary Care, one of five primary care practices of Franklin Community Health Network. Most recently she was a float pool nurse at the Veterans Administration at Togus, caring for acute and critical care patients. Berube received her bachelor’s degree in nursing from Excelsior University in […]
Posted inBusiness, Lewiston-Auburn, News
Lewiston to seek proposals for shift to automated trash pickup
Instead of renewing now with longtime contractor Casella, officials decided Tuesday to go out to bid ahead of its looming shift to automated pickup.
Posted inBusiness, Nation / World, News
Frenzy around AI catapults stocks on Wall Street
Some fatter-than-expected profit reports from tech companies helped drive the market.
Posted inBusiness
Online marketplace eBay to drop American Express, citing fees, and says customers have other options
eBay cites ‘unacceptably high fees’ and says customers have other payment options to shop online.