What many Americans hoped would be the first normal holiday season in three years has instead been thrown into crisis by inflation, with Christmas on the horizon.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News, Politics
Congress prepares to take up bill preventing rail strike
Railroad unions decried Biden’s call for Congress to intervene in their contract dispute, saying it undercuts their efforts to address workers’ quality-of-life concerns.
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Posted inBusiness, Nation & World, News, Politics
Railroad unions decry Biden’s plan to block possible strike
Lawmakers may be asked to vote this week to impose the terms of the deals the 12 unions agreed to in September, even though 4 of those unions representing more than half of the 115,000 rail workers rejected them.
Posted inBusiness, Maine, New England, News
New England senators seek help to avoid energy disruptions
The rising cost of heating oil is a Northeast problem since 4.1 million households in the region rely on heating oil during the winter.
Posted inBusiness
At Michigan chip plant, Biden says unions ‘built middle class’
The president’s visit come amid lawmakers’ efforts to prevent a rail strike.
Posted inBusiness, Health
Twitter ends enforcement of COVID misinformation policy
Public health officials say its termination could lead to more false claims about the virus or the efficacy of vaccines.
Posted inBusiness, Maine, New England, News
Maine’s high court upholds CMP lease of public land key to $1 billion power line
The Supreme Judicial Court finds that Central Maine Power has a valid lease of public land that would be crossed by the New England Clean Energy Connect project.
Posted inBusiness
U.S. stock indexes fall as lockdown protests spread in China
Investors have a busy week ahead as they continue monitoring the hottest inflation in decades and its impact on consumers.
Posted inBusiness, Maine, News
State looks to release plan for extra heating assistance this week
Winter’s not even begun, but more than 33,100 households in Maine have applied for help with heating bills so far this season, an 18.6% increase over the same time last year.
Posted inBusiness, Nation & World, News
Biden calls on Congress to head off potential rail strike
Commuter railroads and Amtrak would also be affected by a strike because many of them use tracks owned by the freight railroads.