Late last year, a federal appeals court – the U.S. Court of Appeals for the 5th Circuit – ruled that the agency’s funding structure is unconstitutional, threatening its ability to function.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
2023 U.S. recession now expected to start later than predicted
A third of the economists who responded to the survey now expect a recession to begin in the April-June quarter.
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Posted inBusiness, Maine
Canadian mining exploration company looks for metals in the Midcoast
Exiro Minerals Corp hopes to win over residents in Warren and Union as state lawmakers consider changes to Maine’s strict mining laws.
Posted inBusiness, Maine, News
What’s inside Maine freight trains? Public can only hazard a guess
An exception to the state’s public records law prevents Mainers from knowing what toxic chemicals might be rumbling through cities and towns.
Posted inBusiness, Maine, Morning Sentinel
Skowhegan business lab hopes to raise new crop of local entrepreneurs
As the town positions itself to become a regional food destination amid revitalization efforts, local entrepreneurs are coming into the community to make it happen.
Posted inBusiness, Maine, News
Maine’s new ‘roadmap’ for offshore wind power follows a complex route
The state has built ambitious goals for generating electricity from ocean winds. A new report describes the infrastructure and workforce that need to be built first.
Posted inBusiness
Mexican states in hot competition over possible Tesla plant
Mexican governors have gone to loopy extremes, like putting up billboards, creating special car lanes or creating mock-ups of Tesla ads for their states.
Posted inBusiness, Politics
Maine paid family leave effort gets mixed business reaction
The proposed benefit would require a new payroll tax that some employers see as a burden, while others think it could help attract workers.
Posted inBusiness, Nation & World
E-bike batteries blamed for 22 NYC fires, 2 deaths this year
Many of the blazes are caused by malfunctioning devices left to charge overnight.
Posted inBusiness
Stocks drop, sending Wall Street to its worst week of the year
Investors react to a stream of reports showing inflation, the job market and spending by shoppers are staying hotter than expected.