Robert “Bob” Lightbody will be paid $60,000 a year.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Nation / World
Borrowers, especially the young, are struggling with credit card debt – a bad sign
Consumers are increasingly struggling to pay their credit card bills, raising concerns about severe delinquencies spiraling and sapping consumer spending.
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Posted inBusiness, Nation / World
Remember last year’s Memorial Day travel jams? Chances are they will be much worse this year
Highways and airports are likely to be jammed in the coming days as Americans head out on, and then home from, Memorial Day weekend getaways.
Posted inBusiness, Nation / World
Grocers are finally lowering prices as consumers pull back spending
An array of federal regulators, Democratic lawmakers and think tanks contend that large retailers have kept prices artificially high.
Posted inBusiness, Nation / World, News
U.S. government sues Ticketmaster owner, asks court to break up company’s monopoly on live events
The Justice Department accuses Ticketmaster and parent company Live Nation Entertainment of running an illegal monopoly over live events in America that squelches competition and drives up prices for fans.
Posted inBusiness, Nation / World, News
Feds reach $310 million settlement with railroad over East Palestine train derailment
In addition, Norfolk Southern will pay a $15 million civil penalty – the maximum allowed by law – to resolve alleged violations of the Clean Water Act.
Posted inBusiness, Maine, Politics
Business group objects to proposed rules for new paid family leave law
The Maine State Chamber of Commerce says employers who want to eventually opt out of the program by offering their own paid leave benefit still would have to pay into the fund for 16 months.
Posted inBusiness, Maine, News
Report says former Maine Turnpike executive threatened and intimidated employees for years
The internal report, obtained by the Press Herald, provides a scathing look at the agency and its former chief financial officer, Doug Davidson.
Posted inBusiness, Nation / World
Buy now, pay later companies must adhere to credit card standards, consumer agency says
Here’s what you need to know.
Posted inBusiness, Maine, News
Maine launches job board to connect people with openings in ‘clean energy’ sector
Just weeks after releasing a study detailing the growth of clean energy jobs in Maine, the state on Wednesday launched a board to help workers find jobs and employers to fill vacancies.