The Maine Lobstermen’s Association says it needs money to fight new federal restrictions intended to help protect endangered North Atlantic right whales.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Coming off climate talks, U.S. to hold huge crude sale in Gulf
President Biden campaigned on vows to end drilling on public land and waters, but the leases mean production could go past 2030, when scientists say the world needs to cut greenhouse gas emissions to avoid a climate catastrophe.
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Posted inBusiness, Nation & World
Biden promotes infrastructure plan at an old, rusty bridge in New Hampshire
Many of the particulars of how the money is spent will be up to state governments.
Posted inBusiness, Nation & World
Yellen says U.S. Treasury’s cash won’t last long past Dec. 3
Leaders have yet to reveal their plan for how to address the debt ceiling.
Posted inBusiness, Local & State
Rate increase will raise average Versant Power bills by $30 a month next year
The sharp increase likely foreshadows a similar change in the supply rate for Central Maine Power customers in 2022, to be determined Wednesday.
Posted inBusiness, Nation & World
Defying inflation, Americans increased their spending in October
The October gain the government reported Tuesday was solid enough for most economists to anticipate holiday shopping jumping by a record amount this year.
Posted inBusiness, Local & State, News
EPA reaches settlement with Windham truck sales company for Clean Air Act violations
APlus Truck Sales will pay a $75,000 penalty for allegedly tampering with emissions controls on diesel vehicles.
Posted inBusiness
Stock indexes end wobbly day mostly lower on Wall Street
Major indexes end mostly lower as the market comes off its first weekly loss in six weeks.
Posted inBusiness, Nation & World
GOP Rep. Mace’s bill would federally decriminalize marijuana
Republican Rep. Nancy Mace of South Carolina said Monday that a half-dozen GOP House members would be original co-sponsors of the bill, which she said would give states freer rein to pass their own laws.
Posted inBusiness, Nation & World
Supreme Court rejects Volkswagen appeals, allowing emissions scandal lawsuits
The rebuffs let the state of Ohio and counties in Florida and Utah press ahead with lawsuits using laws that bar tampering with emissions systems.