At least 150 ships were waiting for the massive ship Ever Given to be cleared, and each day the Suez Canal is closed disrupts an estimated $9 billion worth of goods that should be passing through the waterway.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
United Airlines adding 6 nonstop routes to points west from Portland
The new routes will provide direct flights to and from Cincinnati, Columbus and Cleveland, Ohio; Indianapolis; Milwaukee; and Pittsburgh.
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Posted inBusiness, Maine
Jobless claims dip in Maine as new pandemic aid flows
The number of claimants filing a new or reopened claim in Maine fell by 100 people to 2,500 last week.
Posted inBusiness, Nation & World, News
U.S. jobless claims fall to 684,000, fewest since pandemic
The economy has been showing signs of emerging from the pandemic crisis with renewed vigor.
Posted inBusiness, Maine, News
Soaring global demand leads to shortage of bicycles in Maine
The coronavirus pandemic triggered a cycling boom, and sales the U.S. has not witnessed since the 1973 oil crisis.
Posted inBusiness, Maine
Gov. Mills digs in on fish-passage standards for dams
Mills says the dam manager at the center of her administration’s proposal to increase fish-passage standards on the river should be able to meet state demands for improvements.
Posted inBusiness, Nation & World, Sports
Women’s soccer stars join Biden to promote closing pay gap
The Census Bureau estimates that a woman working full time would earn about 82 cents for each dollar paid to a man.
Posted inBusiness, Nation & World
Late slide led by Big Tech leaves U.S. stock indexes lower
Stocks gave up an early gain and wound up broadly lower on Wall Street, led by declines in tech heavyweights like Facebook and Apple.
Posted inBusiness, Nation & World
Facebook finds Chinese hacking operation targeting Uyghur Muslims
The company says the sophisticated, covert operation targeted Uyghur activists, journalists and dissidents from China’s Xinjiang region.
Posted inBusiness, Kennebec Journal, Maine
Two annual honors to be voted on at the Kenney Awards on Friday
The President’s Circle and CYNERGY Young Professional award winners will be selected and honored at the Kennebec Valley Chamber of Commerce’s annual event, which is taking place virtually this year.