Decisions on state permits are anticipated in the next few weeks.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Nation / World, News
Elon Musk bought Twitter. Now what?
The entrepreneur, who changed his Twitter bio this week to read ‘Chief Twit,’ is expected to take Twitter private and potentially lay off thousands of employees.
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Posted inBusiness, Maine, News
Neighbors sue owner of Old Town pulp mill, saying it ‘has never smelled so bad’
A class-action lawsuit alleges ND Paper has been negligent by allowing the mill to emit a rotten-egg odor that’s getting worse.
Posted inBusiness, Franklin, News, The Franklin Journal
Farmington approves for 24-lot housing subdivision
Most lots are about a third of an acre and all have public utilities.
Posted inBusiness, Health, Maine, News
Transgender student at University of Maine System alleges discrimination
The student has filed a complaint with the state after gender-affirming surgery was denied coverage under a UMS student health insurance policy.
Posted inBusiness, Nation / World, News
Average long-term mortgage rate jumps above 7%, highest in more than 2 decades
Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate jumped to 7.08% from 6.94% last week.
Posted inBusiness, Nation / World, News
Musk says he won’t make Twitter a ‘free-for-all hellscape’
The message to advertisers posted Thursday on Twitter came a day before Musk’s deadline for closing his $44 billion deal to buy the social-media company and take it private.
Posted inBusiness, Nation / World, News
What it’s like to buy and sell in the new, weird housing market
Many buyers have given up, at least temporarily, thanks to soaring rates.
Posted inBusiness, Nation / World, News
U.S. economy rebounds amid resilient consumers, businesses
The U.S. economy grew at a solid pace in the third quarter, marking the first advance this year.