Authorities’ first priority is bringing out vessels that have been stuck for months at the three Ukrainian ports.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
China blocks some Taiwan imports but avoids chip disruptions
With no official relations, the two sides have multibillion-dollar business ties.
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Posted inBusiness, Nation & World
French lawmakers OK $20.3 billion to help with rising prices
The nation’s annual inflation is estimated to be running at 6.5 percent.
Posted inBusiness, Nation & World
OPEC boosts September oil output by slower pace
In the U.S., a gallon of regular gasoline was selling for $4.16 on average Wednesday.
Posted inBusiness, Nation & World, News
Musk response to Twitter lawsuit to be made public by Friday
Either Elon Musk or Twitter would be entitled to a $1 billion breakup fee if the other party is found responsible for the agreement failing.
Posted inBusiness, Maine, News
Short-term rentals to be focus of new state housing commission
The legislative panel will collect data to see how much of a role short-term rentals play in the housing crunch. It also is expected to consider statewide regulation.
Posted inBusiness, Nation & World
UN chief criticizes ‘grotesque greed’ of oil, gas companies
Antonio Guterres calls it ‘immoral’ that the largest of them made nearly $100 billion in profits in the 1st quarter.
Posted inBusiness, Nation & World
Mine workers ordered to pay Alabama coal company over $13 million
The NLRB says Warrior Met Coal Mining is owed for costs including increased security, damage repair and lost revenues.
Posted inBusiness
U.S. stocks rise after solid earnings reports
Only energy sector stocks fall, dragged down by lower oil prices.
Posted inBusiness, Nation & World, Schools and Education
Back-to-school shopping: Families reach for cheaper options
A basket of roughly a dozen supply items showed a price increase of nearly 15% on average for this back-to-school season compared with a year ago as inflation squeezes all areas.