The proposed rule is expected to become final next year.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
FedEx will combine air, ground, other operations to slash costs
The company expects to realize savings of $4 billion during fiscal 2025.
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Posted inBusiness
Swiss cutting up to $66 million in bonuses for top Credit Suisse executives
The troubled bank is heading toward a forced merger with rival UBS.
Posted inBusiness
Stocks mostly slip after latest signs of slowing economy
Weaker-than-expected reports on the health of U.S. services industries and the job market send bond yields lower, too.
Posted inBusiness, Nation & World
Paying for paradise? Hawaii mulls fees for ecotourism crush
Lawmakers are debating legislation that would require tourists to pay for a yearlong license or pass to visit state parks and trails.
Posted inBusiness, Nation & World, News
Bob Lee, Cash App founder, fatally stabbed in San Francisco
The San Francisco Police Department did not disclose details about the circumstances of the stabbing.
Posted inBusiness, Maine
Maine Space 2030 campaign hopes to get state’s space industry off the ground
The Maine Space Grant Consortium and other organizations will hold a conference this fall highlighting opportunities for Maine aerospace companies.
Posted inBusiness, Nation & World
Alaska opponents lose 1st fight over Willow oil drilling plan
Environmentalists worry that the project could affect caribou and polar bears.
Posted inBusiness
About 5,000 GM salaried workers take buyouts, avoiding layoffs
The auto industry is in the midst of a transition from internal combustion to electric vehicles.
Posted inBusiness, Nation & World
Biden offers $450 million for clean energy projects at current or former coal mines
Meanwhile, the Energy Department is awarding $16 million to study ways to extract critical minerals from coal mine waste streams.