The commission’s job will be to consult with other states that have established such a program and develop one for Maine.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Gasoline prices rising toward $5 a gallon in U.S.
AAA says the nationwide average for regular on Thursday was $4.97 a gallon, up a quarter in just the last week and $1.90 more than drivers were paying a year ago.
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Posted inBusiness, Nation & World
More Americans, including Mainers, applied for jobless benefits last week
Applications for unemployment benefits rose by 27,000 to 229,000, the most since mid-January, but the total number of Americans collecting unemployment remains at a five-decade low.
Posted inBusiness, Nation & World, News, Politics
‘Great resignation’ reaches White House with staff turnover
Not even the White House is immune from the economic trend that’s been called the ‘great resignation’ as employers struggle to fill vacancies and workers jump to new jobs at record rates.
Posted inBusiness, Nation & World
Stocks fall as choppy trading persists on Wall Street
The big concerns on Wall Street remain rising inflation and whether the Federal Reserve’s shift to aggressively raise interest rates will help temper the impact or possibly push the economy into a recession.
Posted inBusiness, Maine, Morning Sentinel
Canaan business is rolling the dough
The Good Crust, which makes pizza dough using grains only from Maine, began as a startup in Skowhegan before moving earlier this year to Canaan.
Posted inBusiness, Maine, Uncategorized
FocusMaine appoints biotech advocacy leader as new president
The industry-funded workforce development group has chosen Dana O’Brien, a longtime biotech advocate, who will start June 15.
Posted inBusiness, Nation & World
In reversal, Twitter plans to comply with Elon Musk’s demand for bot data
The billionaire has threatened to pull out of his $44 billion deal to buy Twitter unless the company provides access to data he says is necessary to evaluate the number of fake users on the platform.
Posted inBusiness, Nation & World
No, you’re not imagining it – package sizes are shrinking
Manufacturers are quietly reducing container sizes without lowering prices, a practice that proliferates in times of high inflation.
Posted inBusiness
World Bank dims outlook for global economy amid Russia war
The agency predicts just 3% global growth for 2023 and 2024.