Congress approved $7.5 billion in the 2021 infrastructure law to meet President Biden’s goal of building out a national network of 500,000 publicly available chargers by 2030.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
New funds will make investing in bitcoin easier. Here’s what you need to know
Nearly a dozen new bitcoin funds began trading in U.S. markets for the first time Thursday.
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Posted inBusiness
Renewables grew rapidly in 2023, but must grow faster still to meet climate change target, IEA says
The amount of renewable energy installed around the world last year grew at its fastest rate in the past 25 years.
Posted inBusiness, Lewiston-Auburn
Lewiston bowling alley preparing to reopen after mass shooting
A social media post says ‘We look forward to seeing everyone soon.’
Posted inBusiness, Maine, News
Maine receives $15 million federal grant to install nearly 600 electric vehicle chargers
The funding to build out the state’s electric vehicle charging network comes as lawmakers are debating whether to limit sales of gas-powered vehicles in Maine.
Posted inBusiness
FocusMaine wins $6.9 million Alfond grant to expand food economy jobs
The statewide workforce development group founded in 2016 has provided assistance to more than 180 Maine-based businesses in agriculture, aquaculture and biopharmaceuticals.
Posted inBusiness, Nation & World
U.S. inflation edges up in December, fueled by food and housing prices
Excluding volatile food and energy costs, though, so-called core prices rose mildly month over month.
Posted inBusiness, Nation & World, News
For IRS, backlogs and identity theft problems remain, but there is ‘cautious optimism’ watchdog says
The report serves as a reality check of sorts as IRS leaders say the funding boost is producing big improvements in services to taxpayers.
Posted inBusiness, Maine, News
Maine lobster industry’s defamation lawsuit still pending as similar case in Massachusetts is dismissed
Five plaintiffs in Maine sued the Monterey Bay Aquarium Foundation last year after it urged consumers not to buy lobster over the right whale controversy.
Posted inBusiness, Maine, Morning Sentinel, News
Vote to move Skowhegan River Park to next phase reignites debate on project’s viability
The Board of Selectmen approved funding for a final design for the park and opening a bid for a contractor, but several selectmen and town residents expressed concern about the project that has been discussed for 20 years.