In a virtual meeting Wednesday with Maine business leaders, speakers said incentives are key to boosting adoption of electric vehicles.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Fed expects to keep its key rate near zero through 2023
The Federal Reserve is raising its forecast for inflation, predicting it will surpass the Fed’s 2% annual target after years of ultra-low inflation.
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Posted inBusiness, Nation & World
Treasury: $242 billion in new stimulus relief payments have already been sent
The Treasury Department says it has sent out 90 million economic impact payments since President Joe Biden signed a $1.9 trillion pandemic relief plan last week.
Posted inBusiness, Food & Dining
The Wrap: Waterville gets a new restaurant, and cocktails-to-go stay
Portland gets a grilled cheese restaurant, while South Portland gets a ‘knishery.’
Posted inBusiness, Maine
Workforce training available for vulnerable youth in Franklin County
Employers can host and train youth with 300 hours of paid labor under the federal Workforce Innovations and Opportunities Act.
Posted inBusiness, Maine, News
Remake of Maine Mall turnpike exit won’t change savings for some savvy drivers
The interchange will be reconfigured, but officials say slight savings for drivers who pay cash aren’t going away.
Posted inBusiness, Maine, Morning Sentinel
Belgrade Planning Board holding public hearing Thursday over Brightside Wooden Boat Storage permit
The public hearing and planning board meeting is scheduled for 6 p.m. and will be held on Zoom.
Posted inBusiness, Health, Maine
Maine’s 1st dental therapist intends to press for expansion of the profession
Dental therapists, likened to nurse practitioners or physician’s assistants, are recognized in 13 states and 2 territories.
Posted inBusiness, Health, Nation & World
Advocates, some attorneys general wary of Purdue Pharma bankruptcy plan
OxyContin maker Purdue Pharma has a $10 billion plan to transform into a new company dedicated to fighting the opioid crisis, but it’s not a done deal yet.
Posted inBusiness
Congress eyes action against monopolies
The antitrust push isn’t expected to break up big corporations, but could make it harder for them to gain new acquisitions.