The Maine Lobstermen’s Association is appealing its case against the new rules to the U.S. Court of Appeals for the District of Columbia Circuit.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, News
On eve of potential sale, Maine’s largest public company is fending off lawsuits
The possible $35 million settlement of a 2019 suit against Covetrus Inc. comes as shareholders will decide Tuesday whether to sell the veterinary technology and services company to a pair of private investment firms.
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Posted inBusiness, Nation & World, News
Stocks edge lower on Wall Street ahead of earnings reports
Major indexes are coming off a volatile week where they notched out gains because of an early two-day rally that shielded stocks from several weak days.
Posted inBusiness, Nation & World, News, Uncategorized
Ford, GM report mixed Q3 results in China as auto market continues COVID recovery
In the U.S., both Ford and GM’s sales were up in the third quarter – 16% and 24%, respectively.
Posted inBusiness, Nation & World, News
Large rail union rejects deal, renewing strike possibility
The third largest railroad union rejected its deal with the railroads Monday, renewing the possibility of a strike that could cripple the economy.
Posted inBusiness, Nation & World, News
Former Fed Chair Bernanke shares economics Nobel Prize for crisis research
By honoring Bernanke, the prize committee have taken an unusual step of adding an actual practitioner of economics policy to their pantheon.
Posted inBusiness, Kennebec Journal, Maine
Swine & Stein Brewfest draws record crowds, again, to Gardiner
The annual event, which features food and live entertainment, this year added mead to its showcase of local beer and ciders.
Posted inBusiness
Women in Small Business: Olive Pit Brewing’s Christine Cain opened the first 100% woman-owned brewery in Maine
Cain started her Lisbon business in the aftermath of the COVID-19 pandemic, which created its own challenges.
Posted inBusiness, Nation & World, News
Hurricane Ian pummeled shrimp industry already hit by cheap imports
Florida shrimpers are asking if Hurricane Ian could be the last nail in the coffin for the industry.
Posted inBusiness, Community, Local Government, Maine, Morning Sentinel
Pittsfield theater remains darkened as Town Council moves cautiously on its future
Councilors finally received an offer last month on the defunct, town-owned theater, but it was well below the asking price, so they opted not to act on it as they consider other, limited options.