The federal funding will be used to upgrade mainlines in Penobscot, Aroostook, Washington and Piscataquis counties and restore a rail service to the Great Northern Paper mill redevelopment site.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Kennebec Journal, Maine, News
Augusta board approves height rules change for major redevelopment of former Kmart site
A $48 million redevelopment proposal could bring a hotel with a rooftop restaurant or bar, apartments or condominiums to the site off Western Avenue.
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Posted inBusiness, Maine, News
Maine Supreme Judicial Court justice violated ethical code, committee says
A judicial conduct panel is recommending that Justice Catherine Connors, a former private attorney who represented banks, be sanctioned for not recusing herself from 2 cases that upended the state’s foreclosure process.
Posted inBusiness, Health, Maine
More cannabis recalled for yeast, mold, bacterial contamination
The expansion of a previous recall impacts preground flower of the strain ‘Frozay,’ plus preground flower, prerolls and blunts of the strains ‘Frosted Cookies’ – all produced by Nova Farms.
Posted inBusiness
McDonald’s and Boar’s Head outbreaks may have you worried. Experts say the food supply is safe
Federal data shows the U.S. has made little progress toward reducing rates of foodborne illness as called for in Healthy People 2030, an effort to boost population-level health and well-being.
Posted inBusiness
Intel wins court fight over EU’s historic $1.1 billion fine
The EU’s Court of Justice ruled that regulators failed to prove the U.S. company doled out illegal rebates to PC makers that agreed to buy most of their chips from Intel.
Posted inBusiness, Nation & World, News
More companies ditching junk carbon offsets
There’s been a sharp decline in sales in 2023, according to a Bloomberg Green analysis of the most recent public datasets covering 320,000 offset transactions.
Posted inBusiness
Switching jobs? There’s more to do with your 401(k) than just rolling it over
Switching jobs can be a great way to increase your pay, but make sure it doesn’t hurt your retirement savings.
Posted inBusiness, Maine, News
Maine home sales, prices jumped again in September
The median home sale price in Maine last month was over $409,000 – another record.
Posted inBusiness, Nation & World
No end for Boeing strike as workers reject latest contract proposal
The strike has deprived the company of much-needed cash that it gets from delivering new planes to airlines.