Levels of stress and worry have fallen as COVID-19 pandemic restrictions have been lifted.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Buffett’s company abandons $1.3 billion natural gas pipeline deal
The firm is uncertain about whether the deal could get regulatory approval.
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Posted inBusiness, Maine
CMP’s management can improve, but is not ‘irredeemably flawed,’ state-ordered audit finds
The Maine Public Utilities Commission, which ordered the review after an investigation of the utility’s rates, is inviting public comment and will decide the next steps.
Posted inBusiness, Nation & World
After Branson flight, Virgin Galactic slumps on stock sale
The company has over 600 reservations from would-be space tourists, with tickets initially costing $250,000 apiece.
Posted inBusiness, Nation & World
U.S. drilling approvals increase despite Biden climate pledge
Environmentalists contend the administration has authority to take executive action that would stop further permits but has caved to Republican pressure.
Posted inBusiness, Maine Cannabis Report
Precision pot technology takes aim at unpredictable highs
Companies look to algorithms to match customers with different cannabis strains, quelling the fears of first-timers and satisfying connoisseurs alike.
Posted inBusiness, Maine Cannabis Report, Sports
U.S. Anti-Doping Agency says it can’t change marijuana rules alone
In a letter, the agency attempts to address criticisms leveled by lawmakers after the disqualification of Sha’Carri Richardson from the Olympics.
Posted inBusiness, Maine Cannabis Report
The hemp boom is over. What now?
Policymakers in some states are trying to help farmers find new markets, but federal regulations and a backlash against a trendy new type of product are making it difficult.
Posted inBusiness, Maine, News
Lawyer who isn’t complying with billing probe asks to withdraw from nearly 200 cases
Maine is the only state that relies entirely on private attorneys to provide legal services to defendants who cannot afford to hire lawyers.
Posted inBusiness, Nation & World
China vows retaliation after U.S. blacklists companies
The U.S. has stepped up financial and trade penalties over China’s treatment of Uyghurs and other Muslim minorities, along with its crackdown on democracy in Hong Kong.