Gov. Janet Mills orders her energy office to oppose the rate proposal, which seeks a 32% increase for Maine’s second-largest electric utility.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Health, Maine, News, Schools and Education
UNE medical school’s move to Portland will allow it to grow and train more doctors
Construction on the school’s $93 million home could begin next month, and Maine’s only medical college could make the move to Portland in 2024.
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Posted inBusiness, Nation & World
Many pessimistic about improving standard of living, poll finds
The federal minimum wage in 2021 was worth 34 percent less than in 1968.
Posted inBusiness
U.S. job openings sink as economy slows, cost to borrow rises
Openings hit a record of almost 11.9 million in March.
Posted inBusiness, Maine, Morning Sentinel
Home2 Suites hotel planned for Armory Road in Waterville
The Waterville Planning Board later this month is scheduled to review informal plans for a Home2 Suites by Hilton on 2 acres near Main Street and Interstate 95.
Posted inBusiness
Iconic Goodwill gets serious with online for thrifters
The second-hand clothing business is expected to grow exponentially by 2026.
Posted inBusiness, Nation & World, News
Iconic Goodwill stores get serious with online treasures for thrifters
GoodwillFinds, a newly incorporated shopping venture, is making roughly 100,000 donated items available for purchase online and expanding Goodwill’s internet presence.
Posted inBusiness, Nation & World, New England, News
Trucker strike raises concerns about disrupted food delivery in New England
A Massachusetts industry group representing about 400 nursing homes and assisted living residences said Tuesday that the truckers’ strike has raised concerns but that she has not heard of any missed deliveries.
Posted inBusiness, Nation & World, News
Musk offers to end legal fight, pay $44 billion to buy Twitter
However, the social media giant has options and doesn’t have to accept the Tesla CEO’s offer.
Posted inArts & Entertainment, Business, Nation & World, News
Kim Kardashian fined $1 million by SEC over crypto promotion
Kardashian is the latest celebrity to get ensnared in regulations that require full disclosure by people getting paid to promote financial products.