Broken Arrow, Maine Street Steak & Oyster and Old Port Sea Grill take on a labor shortage and COVID surges during what’s always the slowest season with nothing to lean on but their will to survive.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
Thousands of Mainers told to repay pandemic-related jobless benefits
The state is attempting to recoup $46 million from 11,000 Mainers it says failed to retroactively prove their eligibility for a federal aid program.
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Posted inBusiness, Maine
New research raises concerns about PFAS chemicals in Maine fish
Maine is considering stricter standards that could trigger consumption advisories for PFAS in some of the state’s freshwater fish, while scientists continue to gather data on potential health impacts of the chemicals in shellfish.
Posted inBusiness, News
Central Maine business briefs: Nick Lucas named Broker of the Year at The Boulos Company
People & Places: Katie McAllister wins National Association of Realtors 30 Under 30 Award.
Posted inBusiness, Nation & World
Stocks end mostly higher after another up-and-down day
Investors are trying to determine what’s next for inflation and the global economy as the repercussions of Russia’s invasion of Ukraine continue to play out.
Posted inBusiness, Nation & World
Low poll marks for Biden on economy as prices rise
About 7 in 10 Americans say the nation’s economy is in bad shape, and close to two-thirds disapprove of the president’s handling of it.
Posted inBusiness, Maine, Morning Sentinel
Steelworkers union reaches contract agreement with Sappi’s Skowhegan mill
The 3-year agreement with United Steelworkers Local 9 covers about 465 workers at the mill and includes a 3% pay increase each year of the contract.
Posted inBusiness, Maine
Maine’s economy edged closer to pre-pandemic employment in February
The state gained 3,200 jobs last month, largely in healthcare and social assistance, leisure and hospitality, and construction.
Posted inBusiness, News
Chip shortage forces GM to pause pickup truck production at Indiana plant
Automakers and many analysts say the chip shortage will ease but not return to near normal levels until 2023.
Posted inBusiness, Nation & World
EU agrees on new digital rules to rein in Big Tech dominance
The rules seek to prevent tech giants such as Google and Facebook parent Meta from dominating digital markets, with the threat of whopping fines.