A bill to create a bipartisan commission to tackle the nation’s soaring debt and make policy recommendations to Congress won approval from a House committee on Thursday.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Nation / World
U.S. regulators crack down on companies that sell detailed location data
The FTC on Thursday banned a data aggregation company from selling selling precise location data, a first for the agency.
advertisement
Posted inBusiness, Nation / World
AI is the buzz, the big opportunity and the risk to watch among the Davos glitterati
Artificial intelligence is easily the biggest buzzword for world leaders and corporate bosses diving into big ideas at the World Economic Forum’s glitzy annual meeting this week.
Posted inBusiness, Nation / World
Airstrikes on Yemen bring new level of chaos to shipping in southern Red Sea
The U.S. and U.K.’s decision to hit back at Houthi militants has only escalated the chaos across the shipping industry, underscoring the threat of an enduring supply-chain crisis as vessels navigate the crucial trade route.
Posted inBusiness
Drop in Panama Canal traffic due to severe drought could cost up to $700 million
One of the most severe droughts to ever hit the Central American nation has stirred chaos and caused a traffic jam of vessels.
Posted inBusiness, Health, Lewiston-Auburn, News
Central Maine Healthcare selling 2 of its Lewiston buildings
The hospital system is hoping the sales of the buildings, which include the home of the Dempsey Center, will ease financial constraints that have existed since the pandemic.
Posted inBusiness, Lewiston-Auburn, News
Lewiston Housing proposing more development on Ash, Park streets
Preliminary designs call for between 64 and 72 units at 61 Ash St., while a second phase would put more housing at 104 Park St., the former home of the Sun Journal.
Posted inBusiness, Noteworthy
Lewiston health/hospice organization names chief technology officer
LEWISTON — Steve Doyon has been promoted to chief technology officer at Androscoggin Home Healthcare & Hospice. Doyon, previously director of technology and facilities, has been with the organization since 1997, when he was hired as a part-time employee working on the facility maintenance team. He has since earned an undergraduate degree in information technology […]
Posted inBusiness, Nation / World, News
Retail sales up strongly in December as Americans continue to spend
Economists had expected consumers to pull back on spending in the final 3 months of the year under the weight of credit card debt and delinquencies and lower savings.
Posted inBusiness, Lewiston-Auburn, Maine
State lawmakers push passenger rail service for central Maine
Proposal calls for train connection between Lewiston, Auburn, Waterville and Bangor to Portland.