The Justice Department said the bank allowed money laundering networks to move $670 million through TD Bank accounts over a period of several years.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, News
Federal court sides with Avangrid in dispute over western Maine power corridor
A New Hampshire nuclear power station owned by NextEra must perform a safety upgrade critical to Avangrid’s 145-mile NECEC transmission line through western Maine, a federal appeals court ruled this month.
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Posted inBusiness, Nation / World, News
Social Security recipients will get 2.5% cost-of-living boost in 2025, smaller than in recent past
Recipients received a 3.2% increase in their benefits in 2024, after a historically large 8.7% benefit increase in 2023, brought on by record 40-year-high inflation.
Posted inBusiness, Nation / World, News
US inflation reaches lowest point in 3 years, though some price pressures remain
Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news in the closing weeks of the presidential race.
Posted inBusiness, Nation / World
U.S. inflation reaches lowest point in 3 years, though some price pressures remain
Consumer prices rose just 2.4% in September from a year earlier, down from 2.5% in August, and the smallest annual rise since February 2021.
Posted inBusiness, Nation / World
Russia bans Discord chat program, to the chagrin of its military users
More than 2½ years into the war, Russia has failed to implement a secure communications system for its military.
Posted inBusiness, Franklin, Livermore Falls Advertiser, News
Jay board approves shoreland zoning permit for new manufacturing mill
John Godfrey of Marblehead, Massachusetts, hopes to begin construction in early in 2025.
Posted inArts & Entertainment, Business, Nation / World, News
Disney World and Universal closures halt Orlando tourism as Milton approaches
The closures tempered expectations for some tourists while the impending storm raised some anxiety in others.
Posted inAdvertiser Democrat, Business, Oxford Hills
Hungry Hollow Country Store closes after 40 years of memories
Shirley Damm, 91-year-old baker and owner of Hungry Hollow Country Store in West Paris, said she will miss the people who frequented the store the most.
Posted inBusiness, The Bethel Citizen
Sparrowhawk Orchard branches out
The orchard, formerly Lyon’s Orchard, had been closed for nearly two years when the Crookers purchased the property.