The extra revenue would help pay to convert the inspection system to a more efficient electronic one, but Gov. Janet Mills said Wednesday she would veto the bill if it reaches her desk.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, News
Gov. Mills says Maine economy is on the right track
Investments in job creation, high-speed internet and an influx of new residents are setting the state up for future growth, the Democrat said during a conversation at the Roux Institute on Fore Street.
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Posted inBusiness, Maine, Politics
Maine politicians ask for more time to meet lobstering rules to protect whales
The rules call for gear conversion by May 1, but the new gear isn’t available to most fishermen, they said.
Posted inBusiness, Nation & World
Stocks fall, breaking a four-day winning streak on Wall Street
Technology stocks were among the biggest weights on the broader market Wednesday.
Posted inBusiness, Nation & World
Russia war ends era of globalization that kept inflation low
In addition, the widening rupture between the world’s democracies and its autocracies has further darkened the global economic outlook.
Posted inBusiness, Nation & World
U.S. growth in fourth quarter revised lower to 6.9%
But economists forecast that growth could fall to as low as 0.5% in the first three months of this year and may even slip into negative territory.
Posted inBusiness, Nation & World
Germany warns on Russian gas, Poland to end oil imports
Berlin and Paris also call on companies and households to conserve energy following demands by Russia that deliveries should be paid in rubles.
Posted inBusiness, Maine
Two bills to ease Mainers’ energy costs clear legislative committees
One would provide tax breaks to qualifying businesses with high energy bills, and the other would create a council to advise ratepayers.
Posted inBusiness, News
Maine’s Idexx Labs keeping Moscow office open despite Ukraine invasion
The $3.2 billion Westbrook based-company has veterinary office customers and a water testing distributor in Russia and isn’t answering questions about its business in the country.
Posted inBusiness, Nation & World
Accused stalker of Apple CEO agrees to stay away
The case goes back to late 2020 when Julie Lee Choi began emailing Tim Cook begging him to have sex with her.