The plan is expected to create more than 300 new jobs.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Wall Street ends mostly lower after another volatile day
The major indexes came into Tuesday with four straight losses.
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Posted inBusiness, Nation & World
Rail union rejects Biden-backed labor pact, reviving strike risk
Over 6,600 members of the Brotherhood of Maintenance of Way Employees vote against the tentative agreement.
Posted inBusiness, Nation & World
Tourists flock to Japan after COVID restrictions lifted
Many will have more spending power because the yen has declined against other currencies.
Posted inBusiness, Nation & World
Labor proposal could upend rules for gig workers, companies
Uber and Lyft dismiss the potential impact, but shares of of the ride-hailing firms tumble.
Posted inBusiness, Nation & World
Florida shrimpers race to get battered fleet back to sea
Shrimping is the largest piece of the state’s seafood industry, with a value of almost $52 million in 2016.
Posted inBusiness, Nation & World
New Zealand proposes taxing farm animal emissions
The nation is home to some 10 million beef and dairy cattle and 26 million sheep, but just 5 million people.
Posted inBusiness, Nation & World, News
Biden vows ‘consequences’ for Saudis after OPEC+ cuts output
It remains to be seen how far President Biden is willing to go in showing his displeasure with Saudi Arabia, a vital but complicated ally in the Middle East.
Posted inBusiness, Maine, Nation & World, News
Gasoline prices on the rise again, around the nation and in Maine
It’s still cheaper to fuel your car here than in much of the U.S., but don’t look for the recent bargains to continue.
Posted inBusiness, Maine, News
Chemical company to pay more than $185 million to remove mercury from Penobscot River
A federal judge on Tuesday approved the settlement calling for Mallinckrodt U.S. LLC to pay for remediation of mercury released by the now defunct HoltraChem plant in Orrington.