The funding is tied to a sweeping 2022 law that President Biden has celebrated and which is designed to revive U.S. semiconductor manufacturing.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Asbestos victims in Montana want Buffett’s railroad company held responsible
A trial is set to begin against BNSF Railway over the lung cancer deaths of two people who lived in a town where thousands of people were exposed to asbestos from a vermiculite mine.
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Posted inBusiness
Two years after historic win, divided Amazon union lurches toward election
The first labor union for Amazon workers in the United States is divided, running out of money and still does not have a contract two years after clinching a historic victory in New York City
Posted inBusiness, Nation & World, News
Engine cover detaches from Southwest Airlines plane, forcing emergency landing in Denver
A Southwest spokesperson referred to the incident as ‘a mechanical issue.’
Posted inBusiness, Nation & World
When will Fed cut rates? As economy flexes, maybe later or not at all
Friday’s blockbuster jobs report for March reinforced the notion that the economy is managing quite nicely on its own.
Posted inBusiness, Maine
Frequency of ferocious storms, power outages on the rise in Maine
Columbia University public health researchers found that the typical Maine customer went without power for longer than average between 2018 and 2020.
Posted inBusiness, Maine, Morning Sentinel, News
Free beer, muddy camping, gasoline: Bingham businesses gear up for eclipse day crowd
Business owners in Bingham say they don’t know just how big the crowd will be on Monday, but are preparing to be overwhelmed — and have some fun.
Posted inBusiness
Meta to label more AI-generated posts instead of removing them
That will allow more AI-generated content to stay up even if it is misleading.
Posted inBusiness, Nation & World
Tweens obsessed with skin care drive brands to say: Don’t buy our stuff
Demand for skin care in the U.S. has surged among teens and tweens, including girls as young as 8 and 9 years old.
Posted inBusiness, Maine, News, Politics
Lawmakers approve bill that makes it harder to seize land to build power lines
Legislation headed to Gov. Mills grew out of concerns raised by property owners in the path of a transmission line that would have brought renewable power from northern Maine to the New England grid.