Wolfden Chase Mtn. LLC says that Pickett Mountain has the country’s largest undeveloped reserves of a type of ore that contains high-grade zinc and smaller but still commercially valuable amounts of copper, lead, silver and gold.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Rite Aid seeks Chapter 11 bankruptcy protection as it deals with lawsuits and losses
Rite Aid Corp. said in its federal bankruptcy filing that it runs more than 2,000 stores.
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Posted inBusiness, Maine
Maine’s PFAS law draws objections from businesses around the world
Complex supply chains and inconsistent reporting requirements are making it hard for manufacturers to identify whether their products contain forever chemicals.
Posted inBusiness, Nation & World, News
Supreme Court orders makers of gun parts to comply with Biden rules on ghost guns
The regulation changed the definition of a firearm under federal law to include unfinished parts, like the frame of a handgun or the receiver of a long gun, so they can be tracked more easily.
Posted inBusiness, Nation & World, News
REI cuts 275 retail jobs in bid to restructure brick-and-mortar stores
The layoffs affect 2% of the outdoor retailer’s workforce nationally.
Posted inBusiness, Nation & World, News
REI cuts 275 retail jobs in bid to restructure brick-and-mortar stores
The layoffs affect 2% of the outdoor retailer’s workforce nationally.
Posted inBusiness, Nation & World, News
Ford executive Bill Ford calls on autoworkers to end strike, says company’s future is at stake
Ford said high labor costs could limit spending to develop new vehicles and invest in factories.
Posted inBusiness, Food & Dining, Maine
Hard cider is having a renaissance, and it’s taken hold in Maine
Maine has twice as many producers as it did just four years ago, while cider sales have increased 10% in the past year.
Posted inBusiness, Maine, News
Betting on broccoli to boost Maine’s farming economy and food availability
Good Shepherd Food Bank has launched an innovative company that makes it the first among 200 food banks nationwide to address hunger by investing in for-profit farming and processing.
Posted inBusiness, Kennebec Journal, Maine, Morning Sentinel
Kennebec Journal, Morning Sentinel staff take top honors at annual Maine Press Association ceremony
The Maine Press Association’s annual awards ceremony was held Saturday at the DoubleTree by Hilton Hotel in Portland.