The Tesla CEO was named to the board last week after snapping up $3 billion worth of stock, making him the company’s largest stakeholder.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine Cannabis Report
Massachusetts lawmakers advance bill to help cash-strapped cannabis entrepreneurs
It would create a social equity fund for people who want to get into the industry, but lack the capital access to do so.
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Posted inBusiness, Uncategorized
Once a retail giant, Kmart down to 3 stores after New Jersey closing
When the Kmart in Avenel, New Jersey, closes its doors on April 16, it will leave only three remaining U.S. locations for the former retail powerhouse
Posted inBusiness, Maine
Co-op advocates push for more community-owned solar farms
Maine’s solar energy landscape is dominated by large, out-of-state corporations. Advocates for cooperative ownership say there’s a better way.
Posted inBusiness, Maine
Weatherization, heat pumps, EVs: State pushes energy cost solutions, but can you do them this year?
The most popular and cost-effective options for reducing household energy use are limited by high demand, labor shortages and supply chain issues.
Posted inBusiness, Maine
Pump vs. plug: Electric vehicles can save money despite higher up-front cost
An electric car costs more up front but can be less expensive to own over time than a gasoline-powered car. Take the 2022 Hyundai Kona hatchback. The sticker price of the base model gas version is $23,100. The electric version costs $34,000 but qualifies for a $2,000 Efficiency Maine rebate and a federal tax credit […]
Posted inBusiness, Food & Dining
Food celebrity Erin French caters to her local community
Even as her star continues to rise, the chef-owner of The Lost Kitchen remembers her roots and shares the fruits of her success with her hometown of Freedom.
Posted inBusiness, Maine, News
Health care providers say Anthem billing problems are widespread
Maine is investigating the health insurer following complaints from medical associations about underpayment, payment delays and denied claims.
Posted inBusiness, Nation & World
Atlantic City casino earnings surpass pre-pandemic levels
Figures released Friday by the New Jersey Division of Gaming Enforcement show eight of the nine casinos posted a gross operating profit last year.
Posted inBusiness, Nation & World
Judge rules for Trump Organization in New York City golf course fight
The ruling says the former president’s company can continue running a public golf course in the Bronx.