Hundreds missed out on pensions after their jobs were outsourced.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
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Posted inBusiness, Nation & World
Facing $11 billion tax bill, Samsung heirs donate massive art trove
They will also give hundreds of millions of dollars to medical projects and research.
Posted inBusiness, Maine
Offshore wind opponents unmoved by governor’s proposed 10-year ban
Two planned projects opposed by lobstermen and other protesters Wednesday would not be subject to Gov. Janet Mills’ proposed moratorium on wind power projects in Maine’s state waters.
Posted inBusiness, Nation & World
Girl Scout cookies take flight in Virginia drone deliveries
Wing, a subsidiary of Google’s corporate parent Alphabet, seeks to overcome the challenges of flying packages over neighborhoods.
Posted inBusiness
Federal Reserve keeps key rate near zero
The central bank will also continue buying $120 billion in bonds each month to help borrowers.
Posted inBusiness, Maine, Word on the Street
Word on the Street: Friendly ‘Sign war’ underway between 2 businesses in Waterville
Michael Lee-State Farm Insurance Agent and Wendy’s restaurant on upper Main Street in Waterville are keeping things light with dueling messages on their signs along the heavily-trafficked road.
Posted inBusiness, Maine
Mills pushes for 10-year ban on offshore wind development in state waters
The moratorium would focus commercial-scale wind power development in federal waters of the Gulf of Maine, where an offshore wind research project is planned.
Posted inBusiness, Food & Dining
The Wrap: Pigeons, pink waffles and blueberry wine
A new Portland restaurant draws its name from the city-dwelling birds, and the Ocean restaurant in the Cape Arundel Inn & Resort opens Friday.
Posted inBusiness
3D printing’s new challenge: Solving the U.S. housing shortage
Proponents note that printing houses rather than nailing them together could save huge quantities of discarded construction materials that are dumped into landfills every year.