A separate lawsuit is still pending in state court in Orlando.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Nation / World, News
Federal Reserve leaves interest rates unchanged for now
The overall changes to its statement – compared with its last meeting in December – indicate that the Fed has definitively shifted toward considering rate reductions while still maintaining flexibility.
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Posted inBusiness, Nation / World, News
Zyn, Nicotine pouches find popularity with office workers
Zyn, a tiny bag of nicotine that fits under the lip, has become the latest performance-enhancing drug in certain corners of the corporate world.
Posted inBusiness, Nation / World, News
UK plans to ease Brexit trade friction to restore Northern Ireland government
The measures are part of a package, which includes a $4.2 billion funding boost, agreed with the main Unionist party to end its boycott of Northern Ireland’s power-sharing government.
Posted inArts & Entertainment, Business
Meta, TikTok among social media CEOs in heated Senate hearing on child exploitation
Lawmakers and parents have grown increasingly concerned about the effects of social media on young people’s lives.
Posted inBusiness, Nation / World, News, Politics
House passes bill to enhance child tax credit, revive key tax breaks for businesses
Speaker Mike Johnson called the tax cut bill on the House floor important, bipartisan legislation that would revive ‘conservative pro-growth tax reform.’
Posted inBusiness, Lewiston-Auburn, News
Walgreens to close Main Street store in Lewiston
The store will close Feb. 27, and a new store planned for next door will not be built.
Posted inBusiness, Food, Maine
The Wrap: Maples closes in New Gloucester
Plus, Blake Orchard aims to open juice-and-smoothie shops in Brunswick and Scarborough later this year; a West African culinary workshop in Brunswick; and Maine Restaurant Week returns for a 16th year.
Posted inBusiness, Nation / World, New England, Schools & Education
Teachers strike in Boston suburb hits 8th day, with tensions fraying
The Newton Teachers Association, which is prohibited by law from striking and faces hefty fines, said it’s seeking living wages for all employees.
Posted inBusiness, Nation / World
Judge orders Tesla to undo pay package that helped make Musk world’s richest person
The approval process for the compensation package was ‘deeply flawed,’ Chancellor Kathaleen McCormick wrote, in part because of the CEO’s close ties with the people representing the company.