Lawmakers will be under pressure to find some compromise on making power companies more accountable in Maine.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
Bar Harbor residents launch effort to cap daily visits by cruise ship passengers
A group seeks to limit the number of passengers from cruise ships to no more than 1,000 per day.
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Posted inBusiness, Maine, Nation & World
Bath Iron Works moving to install hypersonic weapons on warships
The retrofit of three Zumwalt-class destroyers will likely cost over $1 billion.
Posted inBusiness, Maine
For many Maine workplaces, the new buzzword is ‘hybrid’
Companies are eager to have their employees back in the office, but HR experts caution that worker choice should be given equal weight.
Posted inBusiness, News
Central Maine business briefs: Connected Credit Union raises more than $10,000 for local Ending Hunger organizations
People & Places: Gifford’s Ice Cream opens three of five family owned stands.
Posted inBusiness, Maine
Planned Maine salmon farm closes on land for project in Belfast
Nordic Aquafarms wants to build a $500 million salmon farm in land-based tanks in Belfast.
Posted inBusiness, Maine
Dozens weigh in on Maine utility report card proposal in marathon hearing
A legislative committee hearing on the proposal for greater scrutiny of the state’s major electric utilities led to hours of public comment, both for and against.
Posted inBusiness, Nation & World
Stocks extend rally, notching biggest weekly gain since 2020
Wall Street drew encouragement this week from the Federal Reserve, which announced its first interest rate hike since 2018 and signaled several more to come.
Posted inBusiness, Nation & World
VW recalls over 246,000 SUVs due to unexpected braking
Many reported that warning lights and alarms also would go off, the driver’s side windows would roll down and the SUVs would suddenly brake while in traffic.
Posted inBusiness, Maine
Maine home sales fell sharply in February while prices jumped 21%
Sales statewide fell to 878 units last month from 1,062 in February 2021, a decrease of more than 17%.