The report collected information confidentially from retail giants Amazon.com Inc. and Walmart Inc. as well as chains like Kroger Co. for an investigation of grocery supply chain disruptions.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Justice Department sues Apple, alleging the tech giant illegally monopolized the smartphone market
The case takes direct aim at the digital fortress that Apple Inc. has built around the iPhone and other popular products such as the iPad, Mac and Apple Watch.
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Posted inBusiness, Nation & World, News
Federal Reserve leaves interest rate steady, still foresees 3 rate cuts this year
In new quarterly projections they issued, the Fed officials forecast that stronger growth and stubborn inflation would persist this year and next.
Posted inBusiness, Maine, News, Politics
Maine board rejects mandate to boost electric vehicle sales by 2032
Suggesting lawmakers should take up such sweeping changes, the Board of Environmental Protection votes 4-2 against the rules on the same day that the Biden administration rolls out the country’s strongest-ever limits on tailpipe pollution.
Posted inBusiness, Nation & World, News
Boeing sees massive cash drain as 737 Max episode takes toll
The outlook reflects a shift in priorities at Boeing as it grapples with the aftermath of a near-catastrophic fuselage failure on a 737 Max 9 aircraft early this year.
Posted inBusiness, Nation & World
Biden requires automakers to ramp up electric, hybrid vehicles in his most ambitious climate plan yet
The EPA says new tailpipe pollution limits would avoid more than 7 billion tons of planet-warming carbon emissions over the next 3 decades.
Posted inBusiness, Kennebec Journal, Maine, News
Gardiner Hannaford store to reopen next week after flooding caused 3-month closure
Flooded in the Dec. 18 storm, officials said the Gardiner Hannaford store is to reopen to the public on Wednesday, March 27.
Posted inBusiness, Maine
Maine gets first application from a farmer who wants to sell contaminated farmland
The request was received on Monday, the first day the state began accepting applications for the $70 million Fund to Address PFAS Contamination.
Posted inBusiness, Health, Maine, Politics
Consumer advocates urge passage of bill to regulate hospital facility fees
The bill would prohibit charging such fees for telehealth appointments and require signs be placed to inform patients when the fees may be charged.
Posted inBusiness, Maine, News
Maine House supports bill that would require landlords to disclose all costs
The proposal, now headed to a Senate vote, would require landlords to provide a written disclosure of all fees and costs before tenants sign a lease.