Jefferson farmer and MSAD 11 teacher Michael Dennett is building his sheep grazing operation on agrivoltaics, the practice of using land for both agriculture and solar energy production.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Sports
Sports Illustrated planning significant layoffs after license to use its brand name was revoked
The publisher of Sports Illustrated has notified employees it is planning to lay off a significant portion of the outlet’s staff after its license to use the iconic brand’s name in print and digital was revoked
advertisement
Posted inBusiness, Nation & World, News
Recovering from natural disasters is slow and bureaucratic. New FEMA rules aim to cut the red tape
The federal agency in charge of emergency management is changing its program that helps those who survive wildfires, hurricanes and other natural disasters.
Posted inBusiness, Local & State, News
Maine home sales broke records in 2023. But not the good kind.
The median sales price rose to $360,000 last year – and more than $500,000 in Cumberland County – as high demand and low inventory continue to squeeze the real estate market.
Posted inBusiness, Nation & World, News
2023 was slowest year for U.S. home sales in nearly 30 years
Mortgage rates climbed to the highest level in more than two decades, pushing homeownership out of reach for many Americans.
Posted inBusiness, Local & State, News
Environmentalists, consumer advocates at odds with businesses over plan to scale back natural gas
Proposed legislation targets natural gas expansion to reduce greenhouse gas emissions, but business groups and Republicans say it will damage Maine’s economy.
Posted inBusiness
Rustic Roots Farm expands, adds New Sharon facility
Everything on the menu in the restaurant portion features local farms with every dish having something from Franklin County in it, according to the owner.
Posted inBusiness, Nation & World
Jeff Bezos promised $100 million in donations after Maui wildfire. No one knows where the money’s going
The world’s second-richest person has a habit of issuing splashy philanthropic promises while offering few details.
Posted inBusiness, Nation & World, Politics
Federal debt tops $34 trillion, and some in Congress want a commission to find ways to tackle it
A bill to create a bipartisan commission to tackle the nation’s soaring debt and make policy recommendations to Congress won approval from a House committee on Thursday.
Posted inBusiness, Nation & World
AI is the buzz, the big opportunity and the risk to watch among the Davos glitterati
Artificial intelligence is easily the biggest buzzword for world leaders and corporate bosses diving into big ideas at the World Economic Forum’s glitzy annual meeting this week.