The Navy’s next type of ship, which is still in the early planning phases, is expected to replace the main types of ship Bath Iron Works builds.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, News
First recreational cannabis shop opens in Portland’s Old Port
Fire on Fore was the area’s first medical cannabis storefront before converting recently to adult-use sales.
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Posted inBusiness, Nation & World
Economic oddity: Record job openings and many unemployed
The puzzling mismatch is a reflection of an unsettled economy – one that all but shut down at the height of the pandemic, then bounced back with unexpected speed and strength.
Posted inBusiness, Nation & World, News
Yellen warns U.S. may hit debt ceiling in October
The Treasury secretary says that she will be unable to keep the government funded unless Congress acts.
Posted inBusiness, Nation & World
Solar energy could power 40% of U.S. electricity by 2035
But a new federal report says it would require massive changes in U.S. policy and billions of dollars in federal investment to modernize the nation’s electric grid.
Posted inBusiness, Maine, News
Navy secretary attends groundbreaking for $1.7 billion project in Kittery
The project will expand the number of dry docks at the Portsmouth Naval Shipyard.
Posted inBusiness, Food & Dining, Uncategorized
The Wrap: Share your apples for a new cider, find out who fed Phil
Have a Negroni, Tony, plus eat Filipino food in Portland
Posted inBusiness
Bitcoin faces biggest test as El Salvador makes it legal tender
President Nayib Bukele’s administration has installed 200 Bitcoin ATMs around the country that can be used to exchange the cryptocurrency for U.S. dollars.
Posted inBusiness, Maine
Referendum would require vote on cost of buying out CMP and Versant
CMP-backed opponents of a proposed consumer-owned utility in Maine say voters should have the final say on the purchase price.
Posted inBusiness
Four vaccinated front-line workers cope with pandemic’s toll
More than 60% of U.S. workers had jobs that couldn’t be done from home.