Lawmakers unanimously approved a bill that supporters say cuts down on the need for interpretation of some rules.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
McDonald’s to sell its 850 restaurants in Russia
McDonald’s says it’s started the process of selling its Russian business, which includes 850 restaurants that employ 62,000 people
advertisement
Posted inBusiness, Maine
State environmental staffers back power line permit in advance of postponed board meeting
In recommendations to the Board of Environmental Protection, DEP staff rejected most of the arguments from power line critics. A meeting to discuss the appeals has been delayed due to COVID-19 concerns.
Posted inBusiness, Health, Maine
L.L. Bean silences the noise of social media for Mental Health Awareness Month
The Freeport-based outdoor retailer has paused its online posting and encouraged followers to spend time outside.
Posted inBusiness, News
Central Maine business briefs: Colby names director of Lunder Institute of American Art
People & Places: 11th Civil Support Team changes hands.
Posted inBusiness, Maine, Morning Sentinel, News
Seasonal businesses in central Maine struggle to find workers as economic conditions improve
The national economy is humming and companies are ramping up hiring, but seasonal businesses in central Maine continue to struggle to find enough help as they prepare for the busy summer months.
Posted inBusiness, Nation & World
Tax cut for California pot industry: Too little, too late?
The industry has been burdened by hefty taxes that can approach 50% in some areas, costly regulation and competition from a flourishing illegal marketplace.
Posted inBusiness, Life & Culture, Nation & World, New England
Baby formula shortage fueling spike in milk bank interest
The U.S. baby formula shortage stemmed from a safety recall and supply disruptions and has captured national attention with panicked parents looking to swap and buy formula online.
Posted inBusiness, Nation & World
Stocks rally, but still mark their 6th straight losing week
Markets have been slumping since late March as traders worry that the Federal Reserve may not succeed in its delicate mission of slowing the economy enough to rein in the highest inflation in 4 decades without causing a recession.
Posted inBusiness, Nation & World, Uncategorized
Russian pipeline sanctions raise fears of gas interruption
European gas prices have risen after Russian state-owned exporter Gazprom said it would no longer send supplies to Europe via a pipeline in Poland, citing new sanctions that Moscow imposed on European energy companies.