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.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
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.
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.
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.
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.
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.
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.
AI-generated voices in robocalls can deceive voters. The FCC just made them illegal
Sophisticated generative AI tools, from voice-cloning software to image generators, already are in use in elections in the U.S. and around the world.
Skowhegan mill redevelopment scores first public loan to get back on track after flooding caused millions in damage
A loan package totaling $200,000 from Somerset County and the Somerset Economic Development Corp. marks a starting point for more than $1 million in assistance the Spinning Mill project’s developers say they need after December’s flooding damage.
Portland-based Wex reports strong growth in 2023
CEO Melissa Smith says the company is positioned to ride market cycles in part by investing in technology, including AI.