Analysts say businesses are starting to feel the effects of inflation and fears of a looming recession.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine Cannabis Report
New York’s first legal cannabis crop sprouts under the sun
With the state’s first legal sales coming soon, 203 hemp farmers get a head start over big indoor growers.
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Posted inBusiness, Maine
Cape Elizabeth twins’ solar-electric lawn care business is cutting edge
How Philip and Dmitri Coupe propelled a zero-emissions lawn care business into sustainability.
Posted inBusiness, Maine
McCain Foods aims to power half of Aroostook plant with solar gardens
The Canadian potato-processing company’s plans for the Easton plant are part of a broader sustainability effort that includes training farmers in practices that will enrich their soil.
Posted inMaine Commercial Real Estate, Real Estate
Maine Commercial Real Estate Transactions: June 2022
Recent sales and leases for land, industrial, office, retail and more
Posted inBusiness, Nation & World
Outages disrupt services at Japan’s No. 2 telecoms carrier
More than 39 million users of KDDI’s mobile services were affected over the weekend.
Posted inBusiness
Kellogg loses fight to block ban on sugary cereal promos in U.K.
The company says the regulations don’t take into account the nutritional value of milk added to cereal.
Posted inBusiness
German leader gathers employers, unions to tackle inflation
The meeting is billed as the first in a series aimed at finding a broad alliance for solutions.
Posted inBusiness, Nation & World
Flight cancellations ease slightly as weekend ends
More than 9 million flyers flocked to U.S. airports between Thursday and Sunday.
Posted inBusiness, Nation & World
Ukraine lays out $750 billion recovery plan for postwar future
The premier insists a key source of funding ‘should be the confiscated assets of Russia and Russian oligarchs.’