The bill would create a grant program to help fishermen buy the gear they need to comply with federal North Atlantic right whale regulations.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News, Politics
Congress passes bill to overhaul Postal Service
The long-fought postal overhaul has been years in the making and follows widespread complaints about mail service slowdowns.
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Posted inBusiness, Maine, News
Harvesters of valuable baby eels hope for a stable 2022
Prices have fluctuated wildly since the start of COVID-19 pandemic.
Posted inBusiness
Stocks wobble lower, crude climbs after U.S. bans Russian oil
President Biden acknowledged the ban will cause gas prices to rise.
Posted inBusiness, Food & Dining, Maine
Organic dairy co-op offers membership to 80 Northeast farms
Last summer, Danone, the parent company of Horizon Organic, announced it would stop buying milk from dozens of Northeast farms, including 61 in Maine.
Posted inBusiness, Kennebec Journal, Maine
Gasoline prices march up in central Maine as U.S. tightens economic sanctions against Russia
While gas prices have been rising steadily over the last year, the Russian invasion of Ukraine and the U.S. ban on Russian oil imports announced Tuesday has focused attention across central Maine on recent price spikes.
Posted inBusiness, Maine, Word on the Street
Word on the Street: Augusta’s Red Barn launching a food truck for nursing, veterans homes
Owner Laura Benedict said in a Facebook post the new truck will be making stops to serve complimentary meals.
Posted inBusiness
McDonald’s, Starbucks, Coke, GE pull out of Russia over war
The burger chain’s CEO says employees of shuttered stores will continue being paid.
Posted inBusiness, Kennebec Journal, Maine
Hallowell council votes 5-2 to approve amended tax break deal for ice arena
The amended agreement would provide an additional $110,000 in TIF revenue for the city as part of a 10-year deal with the Camden National Bank Ice Vault.
Posted inBusiness, Nation & World
U.S. strikes harder at Putin, banning all Russian oil imports
The action follows pleas by Ukrainian President Volodymyr Zelensky to U.S. and Western officials to cut off the imports, which had been a glaring omission in the massive sanctions put in place on Russia.