Meanwhile, President Biden vows to be ‘the most pro-union president’ in American history.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Rent adds to rising costs bedeviling small businesses
Most aid programs have ended, while inflation has pushed up the cost of supplies, shipping and labor.
Supreme Court ruling could hurt government efforts to rein in Big Tech
The court says when it comes to policy changes that can transform sectors of the economy, Congress has to make those choices, not agencies.
No fare: The taxi business sees the end of the road
There used to be hundreds of taxicabs in the region. Just one company and a few dozen drivers remain.
U.S. testing new wildfire retardant
Critics say more fire-line digging crews should be hired instead.
Central Maine business briefs: GHM Agency member completes certification
People & Places: Maine State Credit Union recognized by Forbes.
Biden plan likely to allow more offshore drilling, despite his climate vow
The White House is proposing up to 10 oil and gas lease sales in the Gulf of Mexico and one in Alaska over the next five years.
Venice unveils mandatory day-trippers’ reservation and fee
It’s a bid to better manage visitors who often far outnumber residents in the historic lagoon city, clogging narrow streets and heavily used foot bridges crossing the canals.
Wall Street closes higher but still ends week in the red
The market’s deep slump this year reflects investors’ anxiety over surging inflation and the possibility that higher interest rates could bring on a recession.
Chip shortage keeps driving up auto prices, cutting sales
The low supply has raised prices to record levels, knocking many consumers out of the new-vehicle market.