A rental crisis spurred by the pandemic prompted many states to make bold promises to help renters, but most failed to deliver on them after Congress passed the sweeping CARES Act in March 2020
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
PUC awards new round of Maine clean-energy projects
Regulators approved contracts for 7 renewable power projects as part of the state’s effort to reduce fossil fuel consumption and advance climate goals.
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Posted inBusiness, Nation & World
Tech gains nudge S&P 500, Nasdaq further into record heights
Most U.S. stocks edged lower on Monday, but strength for several big tech companies nudged indexes a bit further into record heights
Posted inBusiness, Nation & World
Post-pandemic offices feature fewer desks, more space between them
Steelcase, an office furniture company in Michigan, says its research indicates half of global companies plan major redesigns to their office space this year.
Posted inBusiness, Kennebec Journal, Morning Sentinel
Early strawberry season wrapping up with plentiful crop at central Maine farms
Farmers say the berries are outstanding this year, and demand is strong as families look for activities to do together.
Posted inBusiness, Maine
CMP customers could see double-digit rate hike in August
CMP is asking the Maine Public Utilities Commission to consider deferring some storm charges and holding an overall residential rate hike to under 10%.
Posted inBusiness, Nation & World
Juul to pay $40 million in North Carolina teen vaping suit settlement
Juul also faces hundreds of personal injury lawsuits from customers and families of young people who said they were hurt or addicted by the company’s products.
Posted inBusiness, Kennebec Journal, Maine
Mixing business and pleasure at Augusta’s downtown waterfront
Richard Parkhurst has leased out four spaces on Front Street in Augusta this summer to businesses that will help draw people, and attention, to the Kennebec River.
Posted inBusiness, Maine, Morning Sentinel
Dental practice powered by Colby College alums moving to Oakland’s FirstPark
Dr. Anna O’Keefe is moving the practice from Kennedy Memorial Drive in Waterville to FirstPark, where officials are looking to add more businesses.
Posted inBusiness, Maine, News
The tables have turned and it’s a workers’ market
The causes of Maine’s labor crisis are more complicated than generous unemployment benefits. Lack of day care, fewer foreign students, fear of COVID and lifestyle changes are transforming the workplace.