Traders appear to be encouraged by what they’re hearing from companies, especially big banks, as the reporting season gets going.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Postal Service increases EV commitment to 40% of new delivery trucks
The agency plans to buy up to 165,000 vehicles worth $6 billion total over the next decade.
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Posted inBusiness, Nation & World
Key gas pipeline from Russia to Europe restarts after pause
German officials had feared that the pipeline might not reopen at all.
Posted inBusiness, Maine, News
New agency pitches $150 million to stretch broadband across Maine
The Maine Connectivity Authority has a goal to offer every home and business in Maine a high-speed internet connection by 2024.
Posted inBusiness, Maine
Two years after appeal, Maine regulatory board meets on CMP power line permit
Opponents press the Board of Environmental Protection to give the project another public hearing; a vote is set for Thursday.
Posted inBusiness, Maine, Morning Sentinel
Developers seek feedback on proposal for 42-unit apartment projects in Madison
The proposed apartments would be constructed at a town-owned site that was once home of the Weston Avenue School and more recently was home to Maine School Administrative District 59’s administrative offices until closing in 2012.
Posted inBusiness, Nation & World, News
Biden announces modest climate actions, pledges more to come
The president delivers his pledge at a former coal-fired power plant in Massachusetts that is is shifting to offshore wind power manufacturing.
Posted inBusiness, News
Netflix shed almost 1 million subscribers, but spared more loss by ‘Stranger Things’
Netflix was probably spared from deeper losses by the ongoing popularity of ‘Stranger Things,’ its science fiction/horror series that debuted in 2016.
Posted inBusiness, Health, Nation & World
Nearly half of working adults say they’re open to relocating to abortion-friendly states
But moving expenses and the high cost of living in many safe haven states remain major barriers.
Posted inBusiness, Lewiston-Auburn
Sam’s Italian Foods is now employee-owned
All 13 shops in Maine have transitioned from private ownership.