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Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, News
Maine businesses say vaccine mandate could be hard to implement
While supportive of vaccines, some business leaders say too many key questions remain about the Biden administration’s requirement.
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Posted inBusiness
Tech slide pulls S&P 500 down for its fifth straight loss
Stocks have traded in a narrow range for several weeks as most investors are sitting on the sidelines waiting to get a fuller understanding of where the economy is headed.
Posted inBusiness, Nation & World
Vaccine mandate spawns new fear: finding and keeping workers
Even those large businesses that favor President Biden’s decision are afraid that vaccination-averse workers will quit, or job seekers won’t apply for their openings.
Posted inBusiness, Nation & World
Citing high shot rates, Denmark ends COVID-19 restrictions
As of Friday, the digital pass – a proof of having been vaccinated – is no longer required when entering nightclubs, making it the last virus safeguard to fall.
Posted inBusiness, Maine, News
Top Biden official meets Sen. King in Portland to talk renewable energy
U.S. Energy Secretary Jennifer Granholm used the visit to highlight research into generating electricity from rivers and tidal currents.
Posted inBusiness, Lewiston-Auburn
Olive Garden proposed for former Ruby Tuesday site in Auburn
An application filed Friday with the city would knock down Ruby’s on Turner Street and build an Olive Garden in its place.
Posted inBusiness, Nation & World, News
Judge rules Apple must alter app store payment system
The decision chips away at the so-called ‘walled garden’ the company has built around its crown jewel, the iPhone, and its app store, without toppling it completely.
Posted inBusiness, Maine, News
Federal vaccination requirement will apply to about 1 in 3 Maine workers
About 170,000 Mainers work for companies with more than 100 employees and will be required to be inoculated or take weekly tests.
Posted inBusiness
Stocks end lower on Wall Street, extending weekly losses
Investors continue to assess the pace of economic growth amid worries that the rapid spread of the coronavirus delta variant will dampen consumer confidence and spending.