The country with the highest number of shell company risks was the UK, with almost 5 million flags.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Flying greener looks like it will bring even fewer frills
With global air travel almost completely recovered from the pandemic, cutting emissions is once again the industry’s No. 1 challenge.
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Posted inBusiness, Nation & World
Iran is ‘directly involved’ in Yemen Houthi rebel ship attacks, Navy’s Mideast chief says
‘What I’ll say is Iran is clearly funding, they’re resourcing, they are supplying and they’re providing training,’ U.S. Navy Vice Adm. Brad Cooper said. ‘They’re obviously very directly involved. There’s no secret there.’
Posted inBusiness
Elon Musk visits Auschwitz after uproar over antisemitic messages on X
Elon Musk has visited the site of Auschwitz-Birkenau.
Posted inBusiness, Maine, News
Hallowell businesses still reeling from historic Kennebec River flooding
Some shops are hoping to reopen by early February. Meanwhile, local organizations are collaborating to assist with recovery efforts and prepare for future disasters.
Posted inBusiness, Nation & World, News
Federal officials recommend that airlines inspect door plugs on some older Boeing jets as well
The FAA issued a safety alert late Sunday.
Posted inBusiness, Maine, News
Maine high court ruling corrects foreclosure loophole; critics say it weakens homeowner protections
Previously, if a lender made a mistake when sending a default letter to a borrower, the mortgage was deemed unenforceable, leaving the borrower with a free house.
Posted inBusiness, Maine, News
As Mainers use more electricity, plans for a new grid ramp up
More heat pumps in homes and businesses and electric vehicles on the road are pushing Maine to figure out how to handle increased electricity demands.
Posted inBusiness, Maine
Gardiner business owners gut-punched by flood insurance revelations
They had no reason to believe their insurance policies wouldn’t cover flood damage. Now they are on the hook for tens of thousands of dollars in repairs.
Posted inBusiness, Maine, News
There’s no offseason for Maine farmers as they strive to survive the winter months
In a challenging landscape for the mostly family-run operations, many use the winter months to enhance their survival, finding ways to boost production or diversifying what they offer.