The walls and roof of the new Unity Community Market already are in place just three weeks after a fire destroyed the building.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
States get go-ahead to build electric car charging stations
The administration on Thursday announced the availability of $5 billion in federal money to states over five years under President Joe Biden’s infrastructure law.
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Posted inBusiness
U.S. inflation highest in 40 years, with no letup in sight
Inflation soared over the past year at its highest rate in four decades, hammering America’s consumers, wiping out pay raises and reinforcing the Federal Reserve’s decision to begin raising borrowing rates across the economy
Posted inBusiness, Maine
The Cat ferry will resume service from Bar Harbor after yearslong hiatus
The high-speed ferry hasn’t run since 2018, sidelined by construction delays and the pandemic.
Posted inBusiness, Nation & World
Congress approves sex harassment bill in #MeToo milestone
The measure bars employment contracts from forcing people to settle sexual assault or harassment cases through arbitration rather than in court.
Posted inBusiness, Maine
Lawsuit accusing CMP parent Avangrid of bid rigging is withdrawn, could be refiled
A cybersecurity subcontractor said in a statement that he stands by the allegations in his complaint and is exploring a change of venue for the case.
Posted inBusiness, Nation & World
Unemployment claims fall again for 3rd straight week
In total, 1.6 million Americans were collecting jobless aid the week that ended Jan. 29, essentially flat from the previous week.
Posted inBusiness, Nation & World, News
U.S. inflation jumped 7.5% in the past year, a 40-year high
The steady surge in prices has left many Americans less able to afford food, gas, rent, child care and other necessities.
Posted inBusiness, Nation & World, News
Tesla recalls more vehicles as U.S. safety regulators increase scrutiny
This recall of nearly 579,000 Teslas in the U.S. is the fourth made public in the last two weeks.
Posted inBusiness, Maine, News
Gov. Mills proposes electric bill credit for 90,000 low-income Mainers
The one-time, $90-per-customer credit, to be issued by the end of March, would help offset higher electricity rates.