If you haven’t booked your summer vacation plans, you are already too late to snag the best deals, according to travel experts.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Housekeepers struggle as U.S. hotels ditch daily room cleaning
Many hotels across the United States have done away with daily housekeeping service, making what was already one of the toughest jobs in the hospitality industry even more grueling
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Posted inBusiness, Maine
Frenchman Bay salmon farm developer sues state for spiking its lease application
The Portland company, funded by Norwegian investors, proposed raising 66 million pounds of Atlantic salmon annually and operating a fish processing plant.
Posted inBusiness, Maine, News
Despite record gas prices, Memorial Day travel surge expected in Maine
With prices at the pump hovering above $4.70 a gallon, travelers and residents alike plan to take to the road for the traditional start of Maine’s peak tourism season.
Posted inBusiness, Nation & World, News
Key inflation gauge slowed to still-high 6.3% over past year
Consumer spending rose by a healthy 0.9% from March to April, outpacing the month-to-month inflation rate.
Posted inBusiness, Nation & World
Delta cutting flights due to staffing, COVID-19, weather disruptions
Delta’s cutback of its summer flight schedule comes after similar moves by other airlines facing staffing issues including American, JetBlue and Spirit.
Posted inBusiness, Nation & World
Better results from retailers help send stock market higher
Roughly 90% of the stocks in the S&P 500 rose, with technology companies, banks and retailers driving much of the rally.
Posted inBusiness, Nation & World
U.S. economy shrank by 1.5% in Q1 but consumers kept spending
Last quarter’s drop in the U.S. gross domestic product – the broadest gauge of economic output – does not likely signal the start of a recession.
Posted inBusiness, Nation & World
Worry about stagflation, a flashback to ’70s, begins to grow
It’s the bitterest of economic pills: High inflation mixes with a weak job market to cause a toxic brew that punishes consumers and befuddles economists.
Posted inBusiness, Maine
CMP to seek 3-year rate hike that would raise average bill by $10
Gov. Janet Mills staunchly opposes the utility’s plan for reliability and grid upgrades, saying, ‘I will fight this.’