After El Salvador’s congress made the bitcoin legal tender this week, eyes turned to the rural fishing village of El Zonte on the Pacific coast.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, News
Opponents seek probe of priority ferry boarding plan for Peaks Island residents
Casco Bay Lines approved the one-year pilot program for residents, property owners and their families this spring, but not everyone is on board.
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Posted inBusiness, Nation & World, Politics
Leak of billionaires’ tax data draws Republican outcry over privacy
A senior IRS official said Thursday that a federal criminal investigation into the leak has been requested.
Posted inBusiness, Nation & World
Wedding boom is on in the U.S. as vendors scramble to keep up
With restrictions on large gatherings loosening, wedding planners and others who make the magic happen say they’ve started pushing their bookings into late 2022 and early 2023.
Posted inBusiness, Maine
Maine roads to go unpainted because of national resin shortage
The state has less than half the white and yellow road paint it typically gets in a year and will not restripe low-priority roads.
Posted inBusiness, Maine, Morning Sentinel
AT&T asks Skowhegan for temporary spot on town land, but officials reject ‘unusual’ request
AT&T was looking to set up a temporary shop in a town parking lot during the summer months.
Posted inBusiness, Nation & World, News
Another jump in prices tightens the squeeze on U.S. consumers
The inflation pressures, which have been building for months, are not only squeezing consumers but also posing a risk to the economy’s recovery from the pandemic recession.
Posted inBusiness, Maine, Nation & World, News
Maine jobless claims tick upward as U.S. applications fall for sixth straight week
In Maine, initial claims for state and federal unemployment benefits increased to 1,600 last week from 1,500 the previous week.
Posted inBusiness, Nation & World
Keystone pipeline canceled after Biden stands firm against permit
Canadian officials failed to persuade the Biden administration to reverse its cancellation of the company’s permit.
Posted inBusiness, Nation & World
Eyeing deal, GM softens on tough standards for car pollution
Details of the automaker’s shifted stance came in a letter from CEO Marry Barra to EPA Administrator Michael Regan.