Commercial license holders who have not landed the 25,000 pound- threshold in any of the past three years will have through end of this year to catch up and be eligible for a 2023 license.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, News
Southwest Airlines pilots’ union officials say fatigue is a safety problem
Pilots at Southwest Airlines say fatigue from poor scheduling is a growing problem and is raising safety concerns.
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Posted inBusiness
Elon Musk accused of breaking law while buying Twitter stock
The complaint alleges the Tesla CEO delayed disclosing his position in Twitter until he’d almost doubled his stake to more than 9 percent.
Posted inBusiness, Nation & World
Freight railroads work to resolve service problems, delays
Some grain elevators are so full that farmers trying to sell their crops are being turned away.
Posted inBusiness, Maine, News
As sticker shock for solar power looms, Maine lawmakers consider options
Two bills under consideration seek to balance the desire for solar incentives with the burden of high electricity bills.
Posted inBusiness, Nation & World
Russian war worsens fertilizer crunch, risking global food supplies
As the growing season approaches in Maine, potato farmers are grappling with a 70% to 100% increase in fertilizer prices from last year.
Posted inBusiness, Kennebec Journal, Maine
Augusta’s Colonial Theater secures $160,229 in historic preservation funds
The award, one of four given statewide, will pay for repairs to exterior doors and windows for the theater as part of an initiative to drive economic development in rural downtowns.
Posted inBusiness, Nation & World
Biden waiving ethanol rule in bid to lower gasoline prices
The Environmental Protection Agency will issue an emergency waiver to allow a 15 percent ethanol blend – a biofuel cheaper than gas – that is usually banned between June and September because of concerns that it adds to smog in high temperatures.
Posted inBusiness, Nation & World
U.S. inflation jumped 8.5% in past year, highest since 1981
Some economists suggest that inflation is at or near its peak, but it could take time to come back down.
Posted inBusiness
Wheat closes at the highest since late March on supply worries
The U.S. Department of Agriculture and United Nations cut their outlooks for Ukrainian corn shipments on Friday.