The turnpike authority said toll transactions for the 2021 holiday weekend were up by more than 66% from a year ago.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Pot users welcome: Amazon won’t test jobseekers for cannabis
The company says it will still test workers for other drugs and conduct ‘impairment checks’ on the job.
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Posted inBusiness, Maine, News
Luxury hotel, rooftop bar planned for Portland’s iconic Time & Temperature building
T.T. Maine Ventures proposes 186 hotel rooms, a rooftop bar, meeting and banquet spaces, retail shops and a restaurant at 477 Congress St.
Posted inBusiness, Nation & World, Uncategorized
Biden suspends oil, gas leases in Alaska’s Arctic refuge
The remote, 19.6 million-acre refuge is home to polar bears, caribou, snowy owls and other wildlife, including migrating birds from six continents.
Posted inBusiness, Nation & World
Stocks end mixed on Wall Street after early gain evaporates
Banks were among the biggest gainers as bond yields ticked higher, which allows them to charge more lucrative interest rates on loans.
Posted inBusiness, Nation & World
Private company takes over Puerto Rico power utility service
The U.S. territory is still struggling to recover from Hurricane Maria, which destroyed most of the power grid in September 2017.
Posted inBusiness, Nation & World
With AMC shares up 1,100% in 2021, company sells shares
The movie theater chain is raising $230.5 million through an 8.5 million share sale.
Posted inBusiness, Maine
Bill to replace CMP and Versant with consumer-owned utility gains committee approval
The Energy, Utilities and Technology Committee’s 9-2 vote, with 2 lawmakers absent, advances the bill for consideration by the full Legislature and, ultimately, Maine voters.
Posted inBusiness, Nation & World
OPEC+ sees tight oil market as ministers prepare for supply talks
They are expected to press ahead with a gradual increase already penciled in for July, completing the return of 2 million barrels since May.
Posted inBusiness, Nation & World
California eyes vacant malls and stores for new housing
State lawmakers want to make it easier for developers to build houses on commercial sites.