The president’s unilateral move to raise the retirement age from 62 to 64 will trigger quick motions of no-confidence in his government.
March 2023
Posted inBusiness
Stocks rally after battered First Republic gets a lifeline
This week has been a whirlwind for markets globally on worries that banks may be bending under the weight of the fastest set of hikes to interest rates in decades.
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Posted inBusiness, Maine, News
Report finds affordable housing unavailable for more than half of Maine’s poorest renters
A national study released Thursday says the crisis extends to every state, and Maine actually fares better than others.
Posted inMaine
Man dies in house fire on Verona Island
Terrance Leach, 68, died in the fire at a friend’s house a day after his own home burned down after he was smoking while using an oxygen tank.
Posted inTimes Record
Citing Ukraine war, King lobbies for BIW contracts
Sen. Angus King said the Navy should prioritize transitioning production at Bath Iron Works to the next generation of destroyer ships.
Posted inBusiness
Europe’s central bank backs big rate hike despite bank chaos
Questions are being raised about what the U.S. Federal Reserve will do at its meeting next week.
Posted inCommunity, Maine
Central Maine towns consider Delta Ambulance fee that could cost tens of thousands of dollars a year
Freedom has already rejected the fee and switched providers, while Fairfield and Oakland, each of which would pay more than $96,000 a year, have given preliminary approval to the added expense.
Posted inTimes Record
Rabid raccoon attacks Bowdoinham woman in her home
Although the number of rabies cases in Maine has decreased 50% over the past three years, a woman was attacked in her Bowdoinham home by a raccoon, and animal control believes there are two other infected raccoons still roaming the local woods.
Posted inArts & Entertainment, Business
Why TikTok’s security risks keep raising fears
China is accusing the U.S. of spreading disinformation amid reports the Biden administration is calling for TikTok’s Chinese owners to sell their stakes in the company.
Posted inBusiness
Experts, banks look for ideas to stop next bank failure
The search for solutions is refocusing attention on a 2018 federal law that rolled back tough bank regulations put in place after the 2008-2009 financial crisis.