The Federal Trade Commission received fraud reports from consumers in Maine totaling more than $17 million last year.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Local & State, News, Politics
Mills plans to accelerate $50 million relief proposal for storm-damaged Maine communities
The governor hopes a separate bill will move more quickly through legislative review and provide more immediate support to hard-hit areas.
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Posted inBusiness, Local & State, News
Smiling Hill Farm could be a roadblock for preferred Gorham Connector route
The 500-acre, 13th-generation family operation in Westbrook wants to preserve the farmland and forest it has cultivated and harvested since 1720, but some of its woodland lies in the path of the Maine Turnpike Authority’s proposed 4-lane highway.
Posted inBusiness, Local & State, News, Politics
Legislation that boosts access to railroad data leaves out the public
The bill before the Legislature is designed to expand the types of information railroads are required to give the state so that emergency management and public safety agencies can prepare for potential rail disasters.
Posted inBusiness, Health, Nation & World
In rural Utah, concern over efforts to use Colorado River water to extract lithium
A company’s plan in southeast Utah to extract lithium is adding to an anxiety familiar in this part of the arid American West: how the project could affect water from the Colorado River.
Posted inBusiness, Nation & World, News
Wall Street waltzes past its latest milestone as S&P 500 closes above 5,000 for first time
Such milestones don’t carry much weight for a market that’s supposed to move on hard data. But they can juice the spirits of a market that can also be prone to emotional moves.
Posted inArts & Entertainment, Business, Nation & World, Sports
Here’s what you can expect from Super Bowl commercials this Sunday
Advertisers will be pulling out all the stops on Super Bowl Sunday – enlisting the biggest actors, investing in the most dazzling special effects and going for laughs as they seek to win over viewers.
Posted inBusiness, Local & State, News
Maine will use $4.4 million in federal funds to strengthen electric grid vulnerable to extreme storms
The federal funds are intended to boost the grid’s resilience to help reduce the frequency and duration of outages, but also provide clean energy workforce opportunities and meet state climate objectives.
Posted inBusiness, Nation & World, News
Biden administration announces $5 billion commitment for research and development of computer chips
COVID-19 exposed the risk to the economy and national security of an over-dependence on Taiwan for advanced chips.
Posted inBusiness, Local & State, News
Wyman’s installs 35-acre solar farm to power Down East operations
It’s one of the largest, if not the largest, solar farms in Maine hosted by a business to power its own facilities.