Members of United Steelworkers Local 4-9 recently voted to authorize a strike if needed amid ongoing contract negotiations, with forced overtime, health benefits and proposed changes to earned paid leave policies among their chief issues.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, News
Maine Turnpike Authority warns of ‘smishing’ scam to collect phony toll charges
The scam involves text messages that appear to be from the Maine Turnpike Authority claiming there is an unpaid E-ZPass toll and threatening an additional fee if not paid immediately.
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Posted inBusiness, Nation & World
States sue TikTok, claim platform is addictive and harms kids’ mental health
More than a dozen states and the District of Columbia have filed lawsuits against the video platform.
Posted inBusiness, Local Government, Maine, Morning Sentinel, News
Madison officials step away from plan to buy former drugstore building on Old Point Avenue
The Select Board decided Monday against putting the purchase of the property on a special town meeting warrant, after plans fell through for a methadone clinic there.
Posted inBusiness, Nation & World
Wall Street slides after Treasury yields climb back above 4% and oil rises
Monday’s sharpest losses hit stocks of utility companies.
Posted inBusiness, Nation & World
NSA investigating potential Chinese hacking of American telecom firms
The NSA has warned since 2022 that telecommunications infrastructure was vulnerable to Chinese hacking.
Posted inBusiness, Election 2024, Nation & World, News, Politics
New analysis suggests national debt could increase under Harris – but it would surge under Trump
Neither candidate has meaningfully stressed budget deficit reduction in their pitch to voters.
Posted inBusiness, Nation & World
U.S. court to review civil rights lawsuit alleging environmental racism in a Louisiana parish
The issue is whether a south Louisiana parish engaged in racist land-use policies that placed polluting industries in majority-Black communities.
Posted inBusiness, Maine, News
Hannaford makes midlevel managers eligible for overtime, but some may see pay dip
They’ll have to work 45 hours per week to earn the same salary they got for 40 as the company addresses a labor shortage.
Posted inBusiness, News
‘Land bank’ sets sights on first goal: Revitalizing East Millinocket mill
The new state authority wants to create business space and housing in empty properties that private and municipal developers won’t take on.