The White House announced late last month that federal agencies have until the end of the year to determine how they will assess, test, and monitor the impact of government use of AI technology.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Carbon credits market to get a huge boost as rules relaxed
The market for carbon credits is still reeling from a period of turbulence, following revelations of projects that failed to deliver on emission cuts.
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Posted inBusiness, Nation & World
EU ramps up pressure on China’s green tech with probe of wind parks
The EU exported wind turbines worth $1.98 billion to the rest of the world in 2023, according to Eurostat data.
Posted inBusiness, Maine, Politics
Proposed minimum wage for Maine farmworkers heads toward passage
The bill received overwhelming support in the Senate on Wednesday, one day after narrowly winning support in the House of Representatives.
Posted inBusiness, Nation & World, News
Ford recalls nearly 43,000 SUVs due to gas leaks that can cause fires
The recall covers certain Bronco Sport SUVs from the 2022 and 2023 model years, as well as Escape SUVs from 2022.
Posted inBusiness, Nation & World, News
Higher gas and rents keep U.S. inflation elevated, likely delaying Fed rate cuts
The March figures, the third straight month of inflation readings well above the Fed’s 2% target, provide concerning evidence that inflation is stuck at an elevated level after having steadily dropped in the second half of 2023.
Posted inBusiness, Nation & World, News, Politics
Biden to meet Japanese leader over shared concerns about China and differences on U.S. Steel deal
The visit comes after Biden announced last month that he opposes the planned sale of Pittsburgh-based U.S. Steel to Nippon Steel of Japan.
Posted inBusiness, Maine, News, Politics
Last-minute budget cut to Maine dairy subsidy riles farmers
In a late-night budget session, lawmakers cut funding for the Dairy Stabilization Program from about $8.9 million to $4.5 million.
Posted inBusiness, Kennebec Journal, Maine
Readfield Community Library holds open house to celebrate renovations
What was once a one-room lending library is converted into a functional two-story library with a piano, a kitchen, a staff office and a meeting room.
Posted inBusiness, Maine, News, Politics
Maine House, protecting sand dunes, rejects plan to build offshore wind terminal on Sears Island
It is unclear how severely the decision will delay the buildout of a wind port in Maine, which would create hundreds of high-paying jobs and advance the state’s climate goals.