The concerns come after state transportation officials have said that the replacement project calls for westbound vehicle traffic from Winslow into Waterville to “remain prohibited from the bridge for a period of approximately three years.”
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, Morning Sentinel
Gifford’s expects to be fully operational in next few months after fire devastated Skowhegan plant
The latest scoop from Gifford’s HomeMaine Ice Cream? The company’s CEO said this week that as repairs continue on the manufacturing plant, it’s working with two out-of-state manufacturing partners to return several select flavors of its ice cream to store shelves.
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Posted inBusiness, Nation & World, News
‘Bidenomics’ delivered a once-in-generation investment. It shows the pros and cons of policymaking
Democrats see the trio of bills – 2 of which also drew support from Republicans – as their calling card to voters ahead of the 2024 election, the tangible results of Biden’s tenure in the White House.
Posted inBusiness, Nation & World, News
Biden focuses on factory jobs in Wisconsin, ignoring latest Trump indictment
The president’s arrival in Milwaukee came on the eve of the one-year anniversary of the Inflation Reduction Act, a major piece of economic legislation, but polls show that most people know little about it or what it does.
Posted inBusiness, Nation & World, News
Russia’s central bank makes huge interest rate hike to try to prop up falling ruble
Russia’s ruble has tumbled. What does it mean for the wartime economy?
Posted inBusiness
Argentine peso plunges after rightist who admires Trump comes first in primary vote
The drop in the value of the peso means that already-high inflation will accelerate, making getting to the end of the month even harder for ordinary people.
Posted inBusiness
Russia’s ruble hits its lowest level since early in the war. The central bank plans to step in
Analysts say the weakening of the ruble is being driven by increased defense spending – leading imports to rise – and falling exports.
Posted inBusiness, Nation & World
Thinking of buying a new pair of jeans? Cost-per-wear calculations might help you decide
There’s a growing backlash to the cheap stuff – and retailers are taking notice. For example, Gap’s Old Navy is offering shoppers a full refund for uniforms purchased during the upcoming back-to-school season if the clothes don’t hold up for a year.
Posted inBusiness, Maine, News
Maine to provide retirement savings program for residents not eligible through work
A pilot version of the program is scheduled to start this fall, and the full program is expected to be phased in through January 2026.
Posted inBusiness, Health, Maine, News
MaineHealth Care at Home backs decision to fire nurses, despite staff’s no-confidence vote
Amid what they consider union tactics and misrepresentations, MaineHealth Care at Home is upholding a decision to fire two longtime nurses. The disciplinary action prompted a no-confidence vote by staff.