The EU alleged that the coronavirus vaccine-maker was not producing shots for the 27-nation bloc fast enough.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, Uncategorized
Back to the bars: Many Americans resuming pre-virus activities
Still, 34% of Americans think restrictions in their area have been lifted too quickly and 40% say they’ll continue to wear masks when visiting indoor businesses.
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Posted inBusiness, Maine, News, Politics
Ethics commission again behind closed doors in CMP transmission line case
The state campaign finance watchdog agency is shielding the name of a political consultant as it considers whether a nonprofit formed to oppose a powerline project should be registered as a PAC.
Posted inBusiness, Nation & World
U.S. border restrictions extended as Canada scrambles to vaccinate
There are growing calls in the U.S. to open the Canada-U.S. border for nonessential travel like tourism, but less than 20% of Canadians are fully vaccinated.
Posted inBusiness, Nation & World
U.S. stocks lower after Fed official sees interest rate hikes in 2022
Stocks were broadly lower Friday after a Federal Reserve official said that the nation’s central bank might need to raise interest rates as early as next year.
Posted inBusiness, Maine, News, Politics
Bill to form consumer-owned utility rejected by one vote in Maine Senate
The measure, which called for consumer purchase of Central Maine Power and Versant Power, cleared the Senate in a preliminary vote but was turned away on final enactment, dimming the bill’s chances of passage this session.
Posted inBusiness, Nation & World
Drought saps California reservoirs as hot, dry summer looms
The impacts include fish, farms and hydroelectric plants that supply much of the state’s energy.
Posted inBusiness
Most stocks fall, tech holds up as markets digest Fed moves
Markets around the world were mixed but mostly calm.
Posted inBusiness, Maine
Bills to halt changes to medical marijuana program advance in Legislature
The Maine House of Representatives approved one bill 117-25 late Wednesday, and the Senate followed suit Thursday.
Posted inBusiness, Maine, News, Politics
Maine House votes to shift some recycling costs to producers
Maine might become the first state to adopt a program sometimes called ‘extended producer responsibility,’ which has been used in Canada and Europe.