Boeing is reporting a $355 million loss for the first quarter.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, News
Biden advances plan to make U.S. freight shipping carbon-free
The Biden administration is laying out more of its vision for decarbonizing the nation’s freight industry.
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Posted inBusiness, Nation & World, News
Airlines will now be required to give automatic cash refunds for canceled and delayed flights
The rule will also apply to refunds of checked-bag fees if the bag isn’t delivered within 12 hours for domestic flights or 15 to 30 hours for international flights.
Posted inBusiness, Maine, News
Utility opposes new rules for heat pumps popular in Maine
Versant Power opposes a shift to whole-house electric heat pumps from those used in one or 2 rooms, saying affluent homeowners and developers will benefit.
Posted inBusiness, Nation & World, Politics
Senate passes bill forcing TikTok’s parent company to sell or face ban, sends to Biden for signature
The bill now goes to President Biden, who has backed the TikTok proposal and has said he will sign the bill as soon as he gets it.
Posted inBusiness, Nation & World
Google fires more workers who protested its deal with Israel
An activist group says Google fired at least 20 more workers in the aftermath of protests over technology the company is supplying the Israeli government amid the Gaza war.
Posted inBusiness, Uncategorized
New federal rule would bar companies from forcing ‘noncompete’ agreements on employees
U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by a federal agency, though the rule is sure to be challenged in court.
Posted inBusiness, Uncategorized
These apps allow workers to get paid between paychecks. Experts say there are steep costs
More people are using so-called Earned Wage Access apps to get money to pay bills and buy groceries in between paydays.
Posted inBusiness, Morning Sentinel
Dealership owners Chris and Linanne Gaunce net Waterville-area chamber’s highest award
The Mid-Maine Chamber of Commerce’s 61st annual awards ceremony will be held Thursday to a sold out audience at the Waterville Elks Banquet Center where eight other awards will be presented.
Posted inBusiness, Maine, News
The world’s largest 3D printer is at UMaine. It just unveiled an even bigger one
The printer’s frame fills up the large building in which it’s housed on the Orono campus, and can print objects 96 feet long by 32 feet wide by 18 feet high.