Waltz & Sons Propane is looking to establish a market for the alternative fuel – which can be used in all propane applications without modifying appliances – even if it starts as a money-loser.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Trump or Biden? Either way, U.S. seems poised to preserve heavy tariffs on imports
The one thing they both seem to agree on is the view that opening the country to more imports has wiped out American manufacturing jobs.
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Posted inBusiness, Maine, Morning Sentinel, News
Fidium Fiber to expand high-speed internet service to Pittsfield area
As part of its expansion across Maine, the company will install new fiber optic lines in the coming months in Pittsfield and surrounding towns, which may lead to disruptions as work is completed.
Posted inBusiness, Nation & World
Biden releasing 1 million barrels of gas from Northeast reserve in bid to lower prices at pump
Tapping reserves is one of the few actions a president can take by himself to try to control inflation.
Posted inBusiness, News
FDIC chairman to step down following report on agency’s toxic culture
President Biden will name a replacement for Martin Gruenberg ‘soon,’ a White House announcement said.
Posted inBusiness, Maine, Morning Sentinel
Public hearings on Kennebec River dam relicensing set for this week in Waterville, Augusta
Some say relicensing the four dams would harm fish and wildlife along the river, while others argue losing the dams could cripple the central Maine economy.
Posted inBusiness
Ivan Boesky, stock trader convicted in insider trading scandal, dead at 87
Once implicated in insider trading, Boesky cooperated with a brash young U.S. attorney named Rudolph Giuliani in a bid for leniency.
Posted inArts & Entertainment, Business
Scarlett Johansson says a ChatGPT voice is ‘eerily similar’ to hers and OpenAI is halting its use
Johansson issued a statement saying OpenAI CEO Sam Altman asked her if she would lend her voice to the system, but she declined.
Posted inBusiness, Politics
Top Democrat calls for Biden to replace FDIC chairman to fix agency’s ‘toxic culture’
Sen. Sherrod Brown, chairman of the Senate Banking Committee, says the agency is broken and there must be ‘fundamental changes at the FDIC.’
Posted inBusiness, Food & Dining, News
Sour Patch Kids Oreos? Peeps Pepsi? What’s behind the weird flavors popping up on store shelves
Surprising flavor combinations are showing up more frequently in grocery stores and restaurants.