The recall covers certain Bronco Sport SUVs from the 2022 and 2023 model years, as well as Escape SUVs from 2022.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
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.
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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.
Posted inBusiness, Nation & World
Norfolk Southern agrees to $600 million settlement in fiery Ohio derailment
The company says individuals and businesses will be able to use compensation in any manner they see fit, but the settlement doesn’t include or constitute any admission of liability, wrongdoing or fault.
Posted inBusiness, Maine, Politics
Maine House narrowly supports minimum wage for farmworkers
The proposal would make farmworkers eligible for the same minimum wage and cost-of-living increases as other types of workers in the state.
Posted inBusiness, Nation & World, News
Biden administration announces $6.6 billion to ensure microchips are built in the U.S.
The funding is tied to a sweeping 2022 law that President Biden has celebrated and which is designed to revive U.S. semiconductor manufacturing.
Posted inBusiness, Nation & World, News
Asbestos victims in Montana want Buffett’s railroad company held responsible
A trial is set to begin against BNSF Railway over the lung cancer deaths of two people who lived in a town where thousands of people were exposed to asbestos from a vermiculite mine.