The president asks Americans to be patient and let construction begin.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Explainer: Why U.S. inflation is so high, and when it may ease
As any American who has bought a carton of milk, a gallon of gas or a used car could tell you, inflation has settled in.
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Posted inBusiness, Uncategorized
Stocks eke out small gains, still headed for weekly loss
The muted gains on Thursday follow a broad drop on Wednesday when every major index slipped on over a hotter-than-expected inflation report.
Posted inBusiness, Uncategorized
Who’s going back to the movies? So far, not everyone
Hollywood is tracking closely just how many moviegoers it might have lost in a pandemic interim where streaming services made major inroads into homes and exclusive theatrical windows splintered.
Posted inBusiness, Uncategorized
Rivian rockets past GM to become 2nd most valuable carmaker
Rivian Automotive has delivered about 150 electric pickup trucks mostly to employees.
Posted inBusiness, Local & State, News
Electricity prices will squeeze Mainers’ budgets next year
But state and federal agencies say they are already lining up aid to offset an expected jump in January.
Posted inBusiness, Nation & World
China, U.S. pledge to increase cooperation at U.N. climate talks
The two countries say they will work together to accelerate the emissions reductions required to meet the goals of the 2015 Paris Agreement.
Posted inBusiness, Local & State, News
Gov. Mills announces $10 million in funding for Maine seafood dealers and processors
The new seafood infrastructure program will provide grants to upgrade buildings, utilities and equipment, and invest in new technology.
Posted inBusiness, Local & State
Maine officials acknowledge lax oversight of medical marijuana
A state advisory commission meets for the first time since federal prosecutors alleged that a medical marijuana operation illegally sold more than $13 million in weed.
Posted inBusiness, Nation & World
Cargo ship logjam at Los Angeles-area ports begins to ease
Officials at the ports voted in late October to impose a fee on containers that sit around for more than six days if intended for rail transport or nine days if intended for trucks.