‘This was the worst-case scenario,’ one Maine lobsterman says of rules to protect endangered whales by seasonally restricting 950 square miles of the Gulf of Maine.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Judge conditionally approves Purdue Pharma opioid settlement
Under the settlement, the Sackler family will give up ownership of the company and contribute $4.5 billion. But the Sacklers will be shielded from any future lawsuits over opioids.
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Posted inBusiness, Health, Maine, News
Nurses criticize Maine Medical Center for paring employees’ COVID-19 benefits
The changes at Maine’s largest hospital, which treats many COVID-19 patients, include limiting quarantine pay and pregnancy benefits for nurses and other employees.
Posted inBusiness, Nation & World
Ida-wrecked power grid could boost support for infrastructure bill
Hurricane Ida took down more than 2,000 miles of transmission lines owned by Entergy Corp. and 216 substations, plunging more than a million homes and businesses into the dark.
Posted inBusiness, Maine, News
Defense bill change could bring more business to Bath shipyard
The amendment authorizes a third Arleigh Burke-class destroyer, the primary type of ship Bath Iron Works builds, to an annual defense bill.
Posted inBusiness, Food & Dining
The Wrap: Maine Cheese Festival, ‘unlimited cow kisses’
Falafel coming to Portland, staffing shortage closes bakery – for now, and good news for lovers of kelp and Kölsch.
Posted inBusiness
Fallen tech star Elizabeth Holmes prepares to go on trial
The trial will revolve around the rise and fall of Theranos, a startup that Holmes launched after dropping out of Stanford University in 2003.
Posted inBusiness, Maine, News
Photos: BIW-built Zumwalt destroyer makes appearance during sea trials
The future USS Lyndon B. Johnson pays a visit to Portland Harbor.
Posted inBusiness, Maine, News, Schools and Education
Colby College hires director for artificial intelligence institute
Amanda Stent, a nationally known expert on artificial intelligence and human language, will serve as the new director of the Davis Institute for Artificial Intelligence.
Posted inBusiness
Milk market sours for 4 organic dairies in Franklin County
The loss of market could have a profound effect on other dairy producers, agriculture as a whole and local communities.