States rush to distribute nearly $47 billion allocated by Congress before a federal moratorium ends July 31.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
Lobster industry anxious over upcoming whale protections
The new federal rules will focus on reducing the number of vertical ropes in the water, and they’re also expected to modify restricted areas of ocean.
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Posted inBusiness, News
Central Maine business briefs: Gardiner nonprofit welcomes new board members
People & Places: Hannah Levesque joins Auburn Real Estate team.
Posted inBusiness, Maine
At solar farms, sheep come back for mower
Solar grazing, the practice of using livestock to manage the grass that grows under panel arrays, has come to Maine.
Posted inBusiness, Maine
On Rockport farm, blueberry grower, solar power developer seek common ground
A new solar array at a blueberry farm seeks to demonstrate how both can thrive, as the state convenes a study group seeking ways to accommodate renewable energy on agricultural land.
Posted inBusiness
Reading the real estate tea leaves: Are we in for a housing bubble in Maine?
Between March and May 2021, the median sales price of a house statewide was up almost 22% to $285,000, compared to the same three months last year, according to the Maine Association of Realtors.
Posted inBusiness, Nation & World
Ransomware attack hits at least 200 U.S. companies
A major Russian-speaking syndicate appears to be behind the intrusion, according to a cybersecurity researcher whose company is responding to the incident.
Posted inBusiness
Stocks again post records following encouraging jobs data
The S&P 500 rose 0.8%, its seventh straight gain and seventh consecutive all-time high.
Posted inBusiness, Nation & World
Prosecutors seek prison for Americans in Ghosn escape trial
Former Green Beret Michael Taylor and his son Peter have acknowledged helping Nissan’s former chairman flee Japan.
Posted inBusiness, Nation & World
In Cuba, novels and news accompany rolling of cigars
The island nation has a small band of tobacco factory readers, a job that has become a unique part of its culture.