Air traffic patterns will shift as takeoffs and landings are diverted to the airport’s north-south runway while work is done on the main one.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
U.S. inflation soared 7% in past year, the most since 1982
Prices rose sharply in 2021 for cars, gas, food and furniture as part of a rapid recovery from the pandemic recession.
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Posted inBusiness, Nation & World
Medicare limits coverage of $28,000-a-year Alzheimer’s drug
For Medicare to pay, patients taking Biogen’s Aduhelm medication will have to be part of clinical trials to assess the drug’s effectiveness and safety.
Posted inBusiness
U.S. shoppers find some groceries scarce due to virus, weather
Part of it is because of pandemic trends that have never abated. Shipping delays also remain an obstacle for retailers.
Posted inBusiness
Fed chair: High inflation poses a threat to job market
Millions of Americans have retired early, or are avoiding jobs because of fear of COVID-19 and Jerome Powell says the central bank had anticipated that more of those people would return to the workforce than have done so.
Posted inBusiness, Maine
Maine PUC staff recommends lifting CMP’s penalty for poor service
The Public Utilities Commission hasn’t set a date to consider the recommendation and is still receiving information in the case.
Posted inBusiness, Food & Dining, Maine
Maine might permanently let restaurants sell to-go alcohol
The businesses have been able to sell alcohol through takeout and delivery during the COVID-19 pandemic if it’s accompanied by a food order.
Posted inBusiness, Maine
Legislative committee endorses Gov. Mills’ nominee for public advocate
Longtime utility lawyer William Harwood’s nomination now goes to the Maine Senate for a likely confirmation.
Posted inBusiness, Maine, News
Omicron surge exacerbates challenges in the workplace
The infectious variant has forced employers to shut their doors temporarily, sent students back to remote education and limited critical social and public safety services.
Posted inBusiness, Nation & World
Has Fed waited too long to fight inflation?
On Wednesday, the government is expected to report that consumer prices jumped 7.1 percent over the past 12 months, which would be the steepest such increase in decades.