Volatility in the market for overnight repurchase agreements is generally tame, but it has started to move, with repos trading as high as 5.53% before closing at 5.32% on Tuesday.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, News, Oxford Hills
Norway extends moratorium along Crooked River another 180 days
The Crooked River is one of the state’s top spawning grounds for landlocked salmon.
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Posted inBusiness, Health
Subscription-based care moves beyond peddling birth control and helping with hair loss
Online, direct-to-consumer health care has grown well beyond its roots, prompting concerns about care quality.
Posted inBusiness, Maine, News
Maine’s proposed new limits for gas vehicles are delayed for a year
Environmental regulators had to delay a key vote after a storm caused widespread power outages, and they can’t meet before year’s end.
Posted inBusiness, Nation / World
Apple seeks a path to getting 2 of its best watches back on shelves during a bitter patent dispute
On Oct. 26, the U.S. International Trade Commission determined that Apple infringed on 2 patents owned by Masimo Corp. and Cercacor Laboratories, both U.S. companies.
Posted inBusiness, Livermore Falls Advertiser
Wilton Select Board tables application for HoneyComb Farms
The Wilton Board of Selectpersons voted 3 to 2 in favor of tabling a cannabis processing application for The HoneyComb Farm on Tuesday, Dec. 19.
Posted inBusiness, Food, Nation / World, News
Whiskey wooing young Chinese as top distillers target a growing market
A French wine and spirits group says the whisky is produced using traditional whiskey-making techniques combined with Chinese characteristics including locally grown barley.
Posted inBusiness, Nation / World
Tokyo court holds only utility responsible to compensate Fukushima evacuees
The Tokyo High Court also slashed the amount to half of what the lower court had ordered be paid to dozens of evacuees.
Posted inBusiness, Maine
The Holy Donut to open Brunswick store
Portland-based The Holy Donut, known for its decadent potato doughnuts, will replace the old Tim Horton’s on Pleasant Street in Brunswick.
Posted inBusiness, Nation / World, News
Americans spent more during the holidays despite some financial anxiety
This year’s sales are in line with what is typical during the holiday season.