If successful, voter approval would be required for a consumer-owned utility, such as one being proposed on the same November ballot, to take on more than $1 billion in debt.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, Politics
Dominion defamation case against Fox will go to trial
A jury will decide whether the network aired false claims about the 2020 election with actual malice.
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Posted inBusiness
Richard Branson’s Virgin Orbit slashing 85% of its workforce
The satellite launch company is finding funding difficult after a failed mission.
Posted inBusiness, Nation & World, News, Politics, Uncategorized
NYPD braces for protests, possible violence following Trump indictment
Trump was indicted Thursday by a Manhattan grand jury, an unprecedented legal move marking the first criminal charges in U.S. history brought against a former president.
Posted inBusiness, Kennebec Journal, Maine
Winthrop’s van der Brew to continue serving up drinks as new owners take over
The six new owners are set to begin Saturday while founder Kim Vandermeulen will work with them as a consultant. The craft brewery and tasting room officially changes hands this summer.
Posted inBusiness, Nation & World, News, Politics
Who’s who in the Manhattan DA’s Donald Trump investigation
Here’s a look at key figures in the case.
Posted inBusiness
Stocks head toward winning March as fear falls
Forceful actions by regulators worldwide help build confidence that the trouble for banks won’t torpedo the economy.
Posted inBusiness, News, Real Estate
Hundreds of Mainers have gone into real estate as the hot market begins to cool. Now what?
The number of real estate agents has been growing by double-digit percentages. But the trend may be reversing, even as younger agents join the field.
Posted inBusiness
Prices of used cars surging as supply fails to keep up
Meanwhile, the average new vehicle in the U.S. sells for nearly $48,000.
Posted inBusiness, News
Androscoggin Bank commits $30,000 to help support Jay economic development after mill closure
Pixelle Specialty Solutions, owner of closed Androscoggin Paper Mill, requests tax abatement for mill personal property and real estate.