Maine regulators OK the hike, which follows a $10 jump approved last week, to cover a nearly 50% increase in what CMP pays to solar developers under a state law designed to reduce greenhouse gas emissions.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
Solar eclipse in April boosted spending across Maine. Here are the numbers
Towns in the path of totality, where the moon fully blocked the sun, experienced double-digit increases in visitation.
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Posted inBusiness, Nation & World, News
Boeing CEO apologizes to relatives of 737 Max crash victims during Senate appearance
A Senate panel released a 204-page report with new allegations from a whistleblower who said he worries that ‘nonconforming’ parts – ones that could be defective or aren’t properly documented – are going into 737 Max jets.
Posted inBusiness, Nation & World, News
Dollar Tree left lead-tainted applesauce pouches on store shelves for weeks after recall, FDA says
Children in 44 states had probable or confirmed cases of elevated blood lead levels after eating the applesauce pouches marketed for toddlers.
Posted inBusiness, Health, Nation & World, News
This law is a lifeline for pregnant workers even as an abortion dispute complicates its enforcement
Many women confronted employers who didn’t know about the new law, misunderstood its scope or simply refused to comply, according to a report.
Posted inBusiness, Nation & World, News, Politics
Watchdog raises 2024 federal budget deficit projection by $400 billion
Deficits are a problem for lawmakers in the years to come because of the burden of servicing the total debt load, an aging population that pushes up the cost of Social Security and Medicare, and rising health care expenses.
Posted inBusiness, Nation & World, News
A year after the Titan’s tragic dive, deep-sea explorers vow to pursue ocean’s mysteries
Concerns have been raised about whether the Titan was destined for disaster on its journey to the Titanic wreck because of the submersible’s unconventional design and lack of independent checks that are standard in the industry.
Posted inBusiness, Nation & World, News
U.S. Supreme Court won’t hear challenge to Florida tribe’s online sports betting compact
The plaintiffs questioned whether online sports bets that can be placed from anywhere in Florida could be considered to be on tribal land when only the computer servers that host the betting services are located there.
Posted inBusiness, Maine, Morning Sentinel
Waterville couple look to open food truck court on Kennedy Memorial Drive
Zhanpo “PoPo” Lu of Waterville plans to develop PoPo’s Food Truck Court at 121 Kennedy Memorial Drive in Waterville, where she and her husband, Linjie Gu, would have their own truck and lease space for another 10 food vendors.
Posted inBusiness, Nation & World, News
Tobacco-like warning label for social media sought by U.S. surgeon general
Dr. Vivek Murthy said the use of just a warning label wouldn’t make social media safe for young people, but it would be a part of the steps needed to do so.