The company, along with its German partner BioNTech, anticipates strong revenue from the vaccine and booster shots for the next three years.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
Maine tourism shrank 27% last year, hampered by pandemic restrictions
Though visits and spending plunged, the decline wasn’t as bad as many feared, and relaxed travel and business rules bode well for the industry this summer.
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Posted inBusiness
Technology shares sink broader market although Dow has gain
A key concern has been the recovery in the employment market.
Posted inBusiness, Maine
Maine’s offshore wind test sites chosen via 12-year-old process
The sites now opposed by commercial fishing interests were selected following a lengthy public input process.
Posted inBusiness, Maine
Maine fishing interests seek total ban on offshore wind energy
A Republican-backed bill to prohibit all future offshore wind development in the state faces an uphill battle, with Democrats in control.
Posted inBusiness, Maine
Maine abandons fight for law to require à la carte cable TV service
In February, a federal appeals court sided with the cable companies, which had argued that Maine’s law was unconstitutional.
Posted inBusiness, Maine, News
Maine supreme court considers arguments over Portland’s new minimum wage law
Justices appear to agree that city voters have the authority to set a higher wage, but say ordinance language on the effective date for a hazard pay provision is confusing.
Posted inBusiness, Nation & World, News
Hyundai recalls over 390,000 vehicles for possible engine fires
Engine failure and fire problems at Hyundai and affiliated Korean automaker Kia have plagued the companies for more than five years, affecting the owners of more than 8 million vehicles.
Posted inBusiness, Maine, News
Jay paper mill owners file lawsuit against Florida company connected to 2020 explosion
Pixelle Specialty Solutions and related companies claim that on April 15, 2020 a digester ruptured at the Androscoggin Mill as a result of failed welds, holding Trico Mechanical Contractors, Inc. responsible.
Posted inBusiness, Kennebec Journal, Maine
Future of Whitefield’s Aunt Gin’s restaurant is up in the air
Co-owner Wyatt Shorey said the Augusta Road restaurant, which opened in 2015, is closed for now — but maybe for good — after a fire early Saturday damaged the bar and dining areas.