The $45 million administered by the Maine Technology Institute must follow strict rules about investment.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
D.C.’s pioneering ‘Baby Bonds’ plan aims to narrow wealth gap
Each enrolled child will receive up to $25,000 when they reach 18 that can be used to for higher education, to invest in a business or make a mortgage down payment.
Georgia jury awards $1.7 billion in Ford truck crash case
The yearslong civil case involved what the plaintiffs’ lawyers called dangerously defective roofs on Ford pickup trucks.
Wendy’s pulls lettuce from sandwiches in few states amid E. coli outbreak
People in in Michigan, Ohio and Pennsylvania reported falling ill.
West Gardiner home designer specializing in arch structures looks to expand nationally
A partnership between Archtype Structures and Shelter +7 in Greene has developed unique, high-efficiency homes with competitive prices.
For Republican governors, all economic success is local
Democrats say Republicans are taking credit for job growth that’s been enabled by Biden’s policies, even as they blame those same policies for inflation.
Russia’s Gazprom to shut gas pipeline to Europe for 3 days
Prices have surged as Moscow has reduced or cut off flows to a dozen EU countries, fueling inflation.
Walmart expands abortion coverage for employees
The company says it will cover the procedure ‘when there is a health risk to the mother, rape or incest, ectopic pregnancy, miscarriage or lack of fetal viability.’
Buttigieg warns airlines to help travelers or face new rules
He asks CEOs to provide lodging for passengers stranded overnight and give out meal vouchers for delays of three hours or longer.
Long-awaited cold storage warehouse to break ground Monday
Work on the massive refrigerated building at Maine’s lone shipping container terminal finally gets underway after 7 years of planning and false starts.