Florida shrimpers are asking if Hurricane Ian could be the last nail in the coffin for the industry.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Community, Local Government, Maine, Morning Sentinel
Pittsfield theater remains darkened as Town Council moves cautiously on its future
Councilors finally received an offer last month on the defunct, town-owned theater, but it was well below the asking price, so they opted not to act on it as they consider other, limited options.
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Posted inBusiness
Camden National Bank employees collect donations for local shelters
Camden National Bank has announced a community donation of more than2,000 personal care items to local homeless shelters. Employees across the region collected toiletries at its 58 banking center locations, and made personal contributions at the bank’s annual employee appreciation night. In addition, 650 bath towels were donated to homeless shelters in local communities on […]
Posted inBusiness
Stocks lose more ground on fears of looming recession
However, the major indexes notched a gain for the week, thanks to a powerful but short-lived rally Monday and Tuesday.
Posted inBusiness
First U.S. cobalt mining operation begins after 30-year hiatus
The metal is a key component of EV batteries and is on the government’s critical-minerals list.
Posted inBusiness, Nation & World
Drought takes toll on country’s largest cotton producer
The USDA says Texas farmers are likely to abandon nearly 70% of their spring planting.
Posted inBusiness, Health, Maine, New England, News
Maine has costliest COVID telehealth screenings, national survey says
The average cost of an online, remote screening for COVID-19 was $55 in the state.
Posted inBusiness, Maine, Morning Sentinel
Rome says it’s taken the steps required to withdraw from FirstPark
Town officials sent a letter last month to FirstPark and the Kennebec Regional Development Authority saying it’s met the criteria for leaving the partnership that involves 23 other towns in central Maine.
Posted inBusiness, Nation & World, News
White House adds new restrictions on chip exports to China
Washington is looking to ensure that Chinese companies don’t act as a conduit for the transfer of technology to their country’s military.
Posted inBusiness, News
Farmington Solar, construction company enter agreement to pay $20,100 civil penalty
The penalty is for soil erosion violations at one of the solar projects in New England located in Farmington.