Foreign laborers authorized to work in the United States under the H-2B visa program are critical to Maine’s summer tourism businesses.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, Morning Sentinel
New downtown center part of a flurry of Skowhegan projects in the works
Town Manager Christine Almand says there are now “more major development projects occurring simultaneously than I have ever seen in Skowhegan.”
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Posted inBusiness, Maine
Lobster boats must have tracking devices in federal waters by May 2023
The tracking devices would record the location of the vessel while it is fishing.
Posted inBusiness, Lewiston-Auburn
‘C’est cheese!’ Chain of cheese skillet restaurants planned for Maine, with first in Auburn
Dan Caron, renowned chef at The Green Ladle in Lewiston, is launching a new restaurant, The Cheesy Skillet, at the Auburn-Lewiston Municipal Airport this month, with more to come.
Posted inBusiness, Nation & World
New vehicles must average 40 mpg by 2026 under U.S. standards
Officials said that under the new standards, owners would save about $1,400 in gasoline costs during the lifetime of a 2029 model year vehicle.
Posted inBusiness, Nation & World
U.S. added 431,000 jobs in March in sign of economic health
Last month’s job growth helped shrink the unemployment rate to 3.6%, just above the half-century low of 3.5% that was reached 2 years ago.
Posted inBusiness, Maine
Are the whales leaving? Gulf of Maine research raises questions about new lobstering rules
The endangered North Atlantic right whale’s preferred food source is moving north, out of Maine waters. Lobstermen say the change warrants a second look at new fishing restrictions set to take effect May 1.
Posted inBusiness, Nation & World
Fights over illegal fishing worldwide lead to armed conflict, deaths
An Associated Press review of conflict databases found in the past 5 years more than 360 instances of state authorities ramming or shooting at foreign fishing boats, sometimes leading to deaths.
Posted inBusiness, Nation & World
Stocks end lower, ending market’s worst quarter in two years
Wall Street’s downbeat finish to March comes as investors try to navigate the market risks amid surging inflation and geopolitical instability.