Five fishermen from Maine and New Hampshire and one corporation were named in the federal indictment.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Stocks end a turbulent week with biggest gains of the year
The strong finish marked a reversal for the indexes, which had all been in the red earlier in the day.wire.
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Posted inBusiness, Kennebec Journal, Maine
Fitness entrepreneurs invest in Augusta as pandemic gym routines hit their stride
Fitness companies All Out Fitness and Planet Fitness are betting that people will return to the gym in pre-pandemic numbers as they expand in Augusta.
Posted inBusiness, Health, Maine, Maine Crime, News
Four Portland home health agency managers charged with wage-fixing, anti-competition scheme
The indictment unsealed this week alleges that they conspired in a secret agreement to keep worker wages low and eliminate competition.
Posted inBusiness, Nation & World, News
After huge pandemic losses, state and local governments see rapid rebound
In response to the dramatic turnaround, governors, lawmakers and local officials have proposed a surge in spending as well as a new wave of tax cuts.
Posted inBusiness, Nation & World
Kia recalls 410,000 vehicles; air bags might not work in crash
Owners will be notified by mail starting March 21.
Posted inBusiness, Health, Maine, News
Maine to receive $130 million over 18 years in national opioid lawsuit settlement
The money will be used to fight the ongoing epidemic that resulted in a record number of overdose deaths last year.
Posted inBusiness, Nation & World
A key inflation gauge rose 5.8% in 2021, most in 39 years
The report Friday from the Commerce Department also said that consumer spending fell 0.6 percent in December.
Posted inBusiness, Maine, News
Bill would make more than 30,000 salaried workers in Maine eligible for overtime
A legislative panel has endorsed a proposal to increase the salary threshold for overtime pay to more than $57,000 despite strong objections from pro-business groups.
Posted inBusiness, Lewiston-Auburn
Data and tech company moving 3,800 servers to Maine, plans new Lewiston headquarters
Dynamics’ corporate manager said the company is looking to hire its first 25 employees by the end of March.