While Maine’s advocate for ratepayers says the utility exceeded staffing guidelines in 12 of 23 storms in 2022, the company says it spent the money to restore power more quickly and to avoid the criticism that has contributed to a referendum calling for a publicly owned utility.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, News
New state retirement program targets small-business employees
About 200,000 Maine workers who have long gone without employer-sponsored retirement savings plans soon will be able to save for their golden years through the Maine Retirement Investment Trust.
advertisement
Posted inBusiness, Nation & World
Applications for unemployment benefits fall to lowest level in 7 months
Recent government data also showed that job openings dropped to 8.8 million in July, the fewest since March 2021 and down from 9.2 million in June.
Posted inBusiness, Nation & World
AI that alters voice and imagery in political ads will require disclosure on Google and YouTube
Political ads using artificial intelligence on Google and YouTube must soon be accompanied by a prominent disclosure if imagery or sounds have been synthetically altered.
Posted inBusiness
Wilton accepts cannabis moratorium, public hearing set for Sept. 19
The Wilton Select Board voted to accept a six month moratorium for cannabis licenses on Tuesday, Sept. 5, and will hold a public hearing in two weeks.
Posted inBusiness, Lewiston-Auburn
Buying a backup generator for your home should not be a last-minute decision, experts say
Factors to consider include evaluating your needs, availability of the product and what you can afford.
Posted inBusiness, Nation & World
Biden nominates a former Obama official to run the Federal Aviation Administration
Whitaker’s nomination had been expected for months, and Biden’s announcement was praised by several industry and labor groups.
Posted inBusiness, Maine, News
Maine’s adult-use cannabis industry in full bloom
Sales continue to break records with August alone topping $21 million.
Posted inBusiness, Maine
Dragon Products owner announces plan to close Thomaston cement plant
The company cited escalating operating and logistical costs for the plant’s closure, which will result in the loss of 65 jobs.
Posted inBusiness, Nation & World
Carmakers are failing the privacy test. Owners have little or no control of the data they hand over
Cars scored worst for privacy among more than a dozen product categories – including fitness trackers, reproductive-health apps, smart speakers and other connected home appliances.