The rate reduction will save more than 17,500 Maine employers as much as $31 million in total workers’ comp costs, which are among the highest in the nation.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, News
Maine organic farmers to sue EPA over forever chemicals in sludge
The Maine Organic Farmers and Gardeners Association claims that federal law requires the EPA to regulate toxic pollutants in sludge and take steps to prevent them from harming humans and the environment.
advertisement
Posted inBusiness
Federal Reserve chair downplays potential for rate hike despite higher price pressures
Economists are divided over whether the inflation figures reflect a re-acceleration in cost growth or are echoes of the pandemic.
Posted inBusiness
Biden hikes tariffs on Chinese EVs, solar cells, steel, aluminum
It’s uncertain what the long-term impact on prices could be if the tariffs contribute to a wider trade dispute.
Posted inBusiness, Nation & World, News
Small, well-built Chinese EV, the Seagull poses threat to U.S. auto industry
A tiny, low-priced electric vehicle called the Seagull has American automakers and politicians trembling.
Posted inBusiness, Maine, News
Maine to spend $25 million to rebuild waterfront after devastating winter storms
Applications for funding are now available to repair and rebuild working waterfront areas damaged by the storms.
Posted inBusiness, Nation & World
Bankers notch win in fight to keep billions in credit-card fees
A ruling made last week is on hold as the U.S. Supreme Court considers a broad challenge to the Consumer Financial Protection Bureau’s funding.
Posted inBusiness
Roaring Kitty is back and so are meme stocks
GameStop and AMC surge overnight like it’s 2021.
Posted inBusiness, News
U.S. airlines sue over a new government rule to make fees easier to spot
The new rule requires airlines to disclose fees more quickly when consumers shop for flights.
Posted inBusiness, Maine
Flipped birds, selfies and stares: A day in the life of Portland’s Cybertruck owner
Travis Carter has 1 of the 2 Tesla trucks in all of Maine. He says he’s shy and doesn’t like the limelight – but when he’s behind the wheel, all eyes are on him.