The rate cut expected Wednesday is likely to be just the first that should make borrowing more affordable now that the Fed has deemed high inflation to be all but defeated.
business
Posted inBusiness, Lewiston-Auburn, News
Auburn couple ‘throwing hands up’ after trying to open day care near Lake Auburn
Tom and Kathleen Reed are looking to sell their property after trying for two years to open a day care business at an historic home near Lake Auburn.
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Posted inTimes Record
From the Chamber: Just the facts
As we head into another election season, with candidate interviews, debates and the never-ending slew of candidate commercials inundating our airwaves, we the voters will be trying to get all the information possible and, in a perfect world, all of the true information. Facts have never been more important and, at the same time, harder […]
Posted inTimes Record
Brunswick’s bluShift completes hot-fire rocket engine test
The engine, MAREVL, ran for 60 seconds on Friday at bluShift’s newly expanded test stand at Brunswick Landing.
Posted inBusiness
Volkswagen is cancelling a no-layoffs pledge
Volkswagen says it’s not getting the cost reductions that it needs – and won’t rule out plant closings in its home country Germany.
Posted inBusiness
Trump eyes plan that may give Elon Musk role in auditing U.S. agencies
Musk’s potential involvement in a government regulatory and spending commission has sparked concerns from ethics experts who point to conflicts of interest that could emerge between such a post and his business empire.
Posted inBusiness, Food
Companies crafting new ways to grow cocoa to keep up with demand
From California to Israel, companies are aiming to grow cocoa beyond the tropics in a bid to buffer chocolate’s key ingredient from climate change.
Posted inTimes Record
From the Chamber: Looking back and forward at the tip credit
Since we just passed Labor Day weekend, I wanted to tackle one of the business issues that I’m most passionate about: the tip credit. The tip credit is what guarantees that tipped workers, such as restaurant servers and bartenders, make at least their hourly wage for the hours they work but also gives them the […]
Posted inBusiness, Election 2024, Nation & World, News, Politics
Political chat at work is frequent and fraught, Gallup survey shows
The question of how to manage political interactions and expression in the workplace has become increasingly urgent for managers over the past year.
Posted inBusiness, Lewiston-Auburn
Schemengees Bar & Grille co-owner David Lebel dies at 57
The Lebels bought Schemengees more than a quarter century ago because, they once said, they both loved pool so much.