But an effort to save the Jacob Pike by the great-great-grandson of the vessel’s namesake has been torpedoed by the need for expensive environmental remediation.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Starbucks CEO replaced by fixer who revived Chipotle
Brian Niccol is tasked with an even bigger challenge this time around: how to get inflation weary U.S. customers back into stores.
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Posted inBusiness, Maine, News, Schools and Education
MDI Bio Lab gets $19 million to boost Maine’s biomedical research, workforce
The federal grant will fund the renewal of the Maine IDeA Network of Biomedical Research Excellence program, a collaboration between 17 educational and research institutions, for another 5 years.
Posted inBusiness, Maine, News
Maine regulators reject proposal to let utilities report suspected illegal cannabis operations to police
The Public Utilities Commission said customers’ privacy would be violated if utilities had authority to report significant electricity use to law enforcement.
Posted inBusiness, Maine, News
Maine needs more technicians to install and repair electric heat pumps
Citing the state’s aging workforce, employers and schools say they can’t train enough workers to keep pace with the expanding demand, resulting in customers waiting weeks or even months to get an appointment.
Posted inBusiness, Maine, News
Maine can now order employers to pay workers back pay as well as damages for missed wages
The law went into effect Friday and is the latest state-level effort among Democrat-controlled states to give workers more options to seek compensation for lost wages.
Posted inAnimals, Business, Nation & World, News
Mini farm animals are adorable. There’s also a growing demand for them
Americans are showing more interest in owning miniature cows, miniature goats, miniature donkeys and other diminutive farm animals.
Posted inBusiness, Election 2024, Nation & World, News, Politics
Donald Trump interview with Elon Musk on X plagued by glitches
The conversation was intended to serve as a way for the former president to reach potentially millions of voters directly. It was also an opportunity for X to redeem itself after some struggles.
Posted inBusiness, Nation & World, News
The U.S. government wants to make it easier for you to click the ‘unsubscribe’ button
A broad new government initiative, dubbed ‘Time Is Money,’ includes a rollout of new regulations and the promise of more – for everything from fitness memberships to media subscriptions.
Posted inBusiness
Americans’ refusal to keep paying higher prices may deal final blow to inflation
The reluctance of consumers to keep paying more has forced companies to slow their price increases – or even to cut them. The result is a cooling of inflation pressures.