The jackpot is now the 8th-largest ever in the U.S.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, News, Politics
Frustrated Biden seeks to get manufacturing message to resonate
Investment in manufacturing construction just had its single largest contribution to the nation’s economic growth in more than 4 decades, but Biden has grown increasingly frustrated with ineffective West Wing messaging on manufacturing.
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Posted inBusiness, Maine, Morning Sentinel
After devastating fall ends one career, man launches new one with opening of Skowhegan cafe
Joe Almand was a Skowhegan firefighter when he suffered extensive injuries last year in a fall along the Kennebec River Gorge, but he recovered and set a new path for himself that’s led to the opening of Joe’s Flat Iron Cafe downtown.
Posted inBusiness, News
Secret Tesla team reportedly thwarted range complaints by mass-canceling service appointments
The team was reportedly created to address a growing problem at Tesla: Its service center growth has not kept pace with the growth in sales for Tesla cars.
Posted inBusiness, Maine, News, Politics
Biden to visit Auburn manufacturing plant during Maine visit Friday
The president is expected to sign an executive order to boost the incentive to manufacture new inventions in the U.S. while at Auburn Manufacturing.
Posted inBusiness
Wall Street’s rally runs out of gas as bond yields jump
The drop came despite fatter-than-expected profit reports from big companies and the latest signals of a resilient economy.
Posted inBusiness, Maine, News
Maine plans to use offshore wind for half its energy needs by 2040
Unlike other projects in the region, the Gulf of Maine wind turbines would showcase floating platform technology because the water is too deep for turbines to be anchored to the ocean floor.
Posted inBusiness, Feature Obituary, Maine, News
David Geary, ‘Godfather of Maine craft beer,’ dies at 78
The pioneering brewer and his wife, Karen, launched D.L. Geary Brewing in Portland, giving New England its first craft brewery with Geary’s Pale Ale setting the standard for English-style ales.
Posted inBusiness
Supreme Court lets work resume on gas pipeline
The high court stopped short of tossing out lawsuits by environmental groups, something the pipeline had suggested as an alternative.
Posted inBusiness
Elon Musk wants to turn tweets into X’s. But changing language is not quite so simple
No other social network has a word for posting that’s entered the vernacular like ‘tweet.’