Bird flu cited as the primary cause of tight supply and subsequent rising prices.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Uncategorized
Maine sees the future of power transmission, and it won’t always include big new lines
Big batteries and efficiency are chosen as an alternative to a new Brunswick-Topsham power line, thanks to a new law that pushes utilities to explore new ways to assure reliability.
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Posted inBusiness, Nation & World
The next frontier for drones: Letting them fly out of sight
For years, there’s been a cardinal rule for flying civilian drones: Keep them within your line of sight.
Posted inBusiness, Nation & World, News
U.S. allows pharmacists to prescribe Pfizer’s COVID pill
The Food and Drug Administration said pharmacists can begin screening patients to see if they are eligible for Paxlovid and then prescribe the medication, which has been shown to curb the worst effects of COVID-19.
Posted inBusiness
U.S. indexes shake off an early slump and eke out gains
Major stock indexes shook off an early slump and ended with meager gains on Wall Street Tuesday as worries about the economy continue to weigh on markets.
Posted inBusiness, Nation & World
Median pay for executives at largest U.S. companies surged last year
But shareholders at some companies are saying enough is enough, even if they don’t get a real vote.
Posted inBusiness, Nation & World
Alleged Chinese police database hack leaks data of 1 billion people
Hackers claim to have obtained a trove of data from a Shanghai police database in a leak that, if confirmed, could be one of the largest breaches in history.
Posted inBusiness, Nation & World
Many won’t rely on virtual options after pandemic eases, poll suggests
Digital services, from remote grocery shopping to virtual health care, became commonplace during the pandemic, but many say they won’t continue to use them.
Posted inBusiness, Kennebec Journal, Maine
In berry-picking ecosystem, Readfield farm among few local spots in U-pick raspberry market
Raspberries can be a labor-intensive crop, but the Reeds aren’t giving up any time soon after nearly 20 years in the business.
Posted inBusiness, Maine
Former BIW president hired to lead Canadian shipbuilder
Dirk Lesko, who abruptly resigned from Bath Iron Works in April, has been hired to become president of Irving Shipbuilding.