The role of coal is diminishing slightly but still accounts for 65 percent of the nation’s energy generation.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Fed governor opens door to half-point rate hike in March
Any increase next month would be the first since 2018.
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Posted inBusiness, Nation & World
Australia welcomes back tourists with toy koalas, Tim Tams, vegemite
The nation removes its travel restrictions for fully vaccinated passengers.
Posted inBusiness, Nation & World
Trump’s Truth Social app goes live – with problems
Twitter, Instagram and Facebook suspended his accounts on Jan. 8 after the attack on the Capitol by his fanatics.
Posted inBusiness, Nation & World
Canadian lawmakers extend emergency powers for truck protests
The act lets authorities declare no-go zones, allows police to freeze truckers’ bank accounts and compels companies to tow away vehicles.
Posted inBusiness, Maine, Nation & World, Politics
Sens. King, Collins push for more seasonal worker visas
The Maine senators say an increase in the cap is important because small businesses are having difficulty finding employees around the country.
Posted inBusiness, Maine Cannabis Report, Nation & World
Water rights debate creating tension with cannabis businesses in New Mexico
Some farmers and rural residents worry that a proposal to help small marijuana growers would unfairly allow them to tap limited water resources.
Posted inBusiness, Maine Cannabis Report
New York planning $200 million equity fund for new marijuana industry
State officials want ‘the most diverse and inclusive’ cannabis market in the nation, but advocates say the timing of funding and services is more important than the amount.
Posted inBusiness, Nation & World
Ponzi schemer Bernie Madoff’s sister, husband found dead
Investigators said the couple died in an apparent murder-suicide in Florida.
Posted inBusiness, Nation & World
Rents reach ‘insane’ levels across U.S. with no end in sight
Rents have exploded across the country, causing many to fall behind on payments, dig deep into their savings or downsize to subpar units.