The nation is home to some 10 million beef and dairy cattle and 26 million sheep, but just 5 million people.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Biden vows ‘consequences’ for Saudis after OPEC+ cuts output
It remains to be seen how far President Biden is willing to go in showing his displeasure with Saudi Arabia, a vital but complicated ally in the Middle East.
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Posted inBusiness, Maine, Nation & World, News
Gasoline prices on the rise again, around the nation and in Maine
It’s still cheaper to fuel your car here than in much of the U.S., but don’t look for the recent bargains to continue.
Posted inBusiness, Maine, News
Chemical company to pay more than $185 million to remove mercury from Penobscot River
A federal judge on Tuesday approved the settlement calling for Mallinckrodt U.S. LLC to pay for remediation of mercury released by the now defunct HoltraChem plant in Orrington.
Posted inBusiness, Maine, News
Fishermen hire Bush-era official in challenge to whale laws
The Maine Lobstermen’s Association is appealing its case against the new rules to the U.S. Court of Appeals for the District of Columbia Circuit.
Posted inBusiness, Maine, News
On eve of potential sale, Maine’s largest public company is fending off lawsuits
The possible $35 million settlement of a 2019 suit against Covetrus Inc. comes as shareholders will decide Tuesday whether to sell the veterinary technology and services company to a pair of private investment firms.
Posted inBusiness, Nation & World, News
Stocks edge lower on Wall Street ahead of earnings reports
Major indexes are coming off a volatile week where they notched out gains because of an early two-day rally that shielded stocks from several weak days.
Posted inBusiness, Nation & World, News, Uncategorized
Ford, GM report mixed Q3 results in China as auto market continues COVID recovery
In the U.S., both Ford and GM’s sales were up in the third quarter – 16% and 24%, respectively.
Posted inBusiness, Nation & World, News
Large rail union rejects deal, renewing strike possibility
The third largest railroad union rejected its deal with the railroads Monday, renewing the possibility of a strike that could cripple the economy.
Posted inBusiness, Nation & World, News
Former Fed Chair Bernanke shares economics Nobel Prize for crisis research
By honoring Bernanke, the prize committee have taken an unusual step of adding an actual practitioner of economics policy to their pantheon.