Tuesday’s outcome is a repudiation of the $1 billion NECEC transmission line project, but its supporters vow to fight the measure in court.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Wall Street stock indexes eke out more record highs
More than 65 percent of stocks in the S&P 500 rose, led by energy companies.
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Posted inBusiness, Nation & World
Treasury says it plans to borrow $1.02 trillion this quarter
The amount is the largest since the government borrowed $2.75 trillion in March 2020.
Posted inBusiness, Nation & World, Uncategorized
Canadian snowbirds primed to flock south as U.S. opens border
Arizona’s Office of Tourism says close to 1 million Canadian tourists accounted for $1 billion in spending in 2019.
Posted inBusiness, Nation & World
Americans’ opinions sour on economy amid inflation woes
About 47 percent say they expect things to get worse in the next year.
Posted inBusiness, Kennebec Journal, Maine
Augusta Halloween-themed store evacuated, forced to close on holiday over strange electrical problem
Spirit Halloween, a chain store offering costumes and other Halloween related items, had to close its Augusta store the day of Halloween as firefighters investigated the building.
Posted inBusiness, Maine
Bowdoin College trustee steps down after probe into Epstein ties
James ‘Jes’ Staley also resigned from his position as CEO of London-based multinational bank Barclays on Monday.
Posted inBusiness, Maine Cannabis Report
Parents warned to look out for cannabis in Halloween candy
Illicit edibles mimicking well-known candy like Skittles have led to accidental overdoses by children, authorities say. Candy companies are fighting back in the courts.
Posted inBusiness, Maine Cannabis Report
Connecticut towns move to ban cannabis establishments – for now
Several communities are taking a wait-and-see approach with retail marijuana sales expected to start sometime in 2022.
Posted inBusiness, Maine Cannabis Report, New England
Rhode Island picks five medical marijuana dispensaries for licenses
The state currently has only three dispensaries. The companies were chosen by random lottery.