The House voted Friday to reinstate tariffs on solar panel imports from several Southeast Asian countries.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, News
Portland looks to hotel guests for a boost in its tourism budget
The proposal to create a tourism development district could more than double the funds for marketing the city as a year-round destination.
advertisement
Posted inBusiness, Maine, News
Mills unveils jobs plan that would focus on worker training and ‘high value’ sectors
The proposal would replace the existing Pine Tree Development Zone plan with tax credits that reward companies creating jobs that require more skills.
Posted inBusiness, Nation & World, Politics
Pressure builds on Biden after House passes debt limit plan
Biden’s refusal to negotiate may not be a tenable position for the White House as the deadline nears for action.
Posted inBusiness
How will we know if the U.S. economy is in a recession?
There are reasons to expect that a recession, if it does come, will prove to be a comparatively mild one.
Posted inBusiness
U.S. economy grew at weak 1.1% rate in Q1 in sign of slowdown
The economy’s slowdown reflects the impact of the Federal Reserve’s aggressive drive to tame inflation, with 9 interest rate hikes over the past year.
Posted inBusiness, News
Fed’s Powell was tricked by fake call from Russia pranksters
The phone call was reportedly carried out by a duo of longtime Russian pranksters, Vladimir Kutznetsov and Alexei Stolyarov, according to Bloomberg News.
Posted inBusiness, Maine, New England
Maine herring fishers get money after decline of fish, quota cuts
The government has appropriated $7 million for fishermen in Maine’s struggling herring fishing business to help cope with a decline in the fish population.
Posted inBusiness, Food & Dining, News
Food prices fall on world markets but not on kitchen tables
Around the world, food prices are persistently, painfully high.
Posted inBusiness, News
Company seeks first-time restart of shuttered nuclear plant
Activists who long criticized Michigan’s Palisades plant as poorly maintained and dangerous don’t want it resurrected.